Digimarc Corporation (DMRC) Q3 2024 Earnings Call Transcript

Digimarc Corporation (NASDAQ:DMRC) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET

Company Participants

George Karamanos – Chief Legal Officer
Riley McCormack – CEO
Charles Beck – CFO

Conference Call Participants

Joshua Reilly – Needham
Jeffrey Van Rhee – Craig-Hallum
Robin Knipp – Janney Montgomery Scott
Jeff Bernstein – Silverberg Bernstein
Matthew Collard – PCB Advisory

Operator

Greetings, and welcome to the Digimarc Corporation Third Quarter 2024 Earnings Conference Call. At this time, all participants will be in listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, George Karamanos. Please go ahead, sir.

George Karamanos

Welcome, everyone, to our Q3 conference call. Riley McCormack, our CEO; and Charles Beck, our CFO, are with me on the call. On the call today, we’ll provide a business update and discuss Q3 financial results. This will be followed by a question-and-answer forum. We have posted our prepared remarks in the Investor Relations section of our website and will archive this webcast there.

Before we begin, let me remind everyone that today’s discussion contains forward-looking statements that have risks and uncertainties. Please refer to our press release for more information on the specific risk factors that could cause actual results to differ materially. Riley will now provide a business update.

Riley McCormack

Thank you, George, and hello, everyone. Looking forward, Q3 was the most significant quarter I have witnessed since I joined the company. Invention and market development are the twin pillars upon which all future opportunities are built. In both of these critical areas, we’ve not only made significant progress on things underway, we also opened new areas of opportunity we previously didn’t believe addressable in the near term.

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