Digimarc Q2 2022 revenue $7.7M (+23% YoY); net loss improves to $(0.75) per share

Digimarc CORP

2022-Q2 EPS reported -$1.76 revenue$15,158,000

Revenue $7.7M, up 23% YoY; non-GAAP gross profit $5.5M, up 21%.
GAAP net loss $14.6M ($0.75/share) vs $15.4M ($0.94) in Q2 2021.
Cash and marketable securities $68.4M at June 30, up from $41.6M at Dec 31, 2021.
EVRYTHNG acquisition and HolyGrail 2.0 projects drove revenue growth; Piracy Intelligence sunset reduced subscription revenue $0.3M.
Operating expenses down 4% to $18.9M; non-GAAP operating expenses up $2.4M to $15.0M.

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