{"ticker": {"uuid": "985be5c3-34d8-46fa-8e07-7adca33cbdc1", "symbol": "DMRC", "name": "Digimarc Corporation", "sector": "Technology", "industry": "Software - Application", "currency": "USD"}, "next_event": {"report_date": "2026-08-13", "fiscal_date_ending": "2026-06-30", "estimate": null, "session": "After the close", "days": 0}, "profile": {"sample": 12, "measured": 12, "beats": 8, "misses": 4, "inline": 0, "beat_rate": 66.7, "beat_rate_label": "66.7%", "average_surprise": 1.5, "average_surprise_label": "+1.5%", "median_surprise": 13.7, "surprise_dispersion": 27.8, "average_reaction": -3.4, "average_reaction_label": "-3.4%", "average_abs_reaction": 13.3, "positive_response_rate": 41.7, "confirmation_rate": 58.3, "reaction_sample": 12, "streak": {"count": 1, "band": "miss", "label": "1 consecutive misses"}, "profile": "Mixed earnings transmission", "profile_tone": "neutral", "profile_text": "Delivery and market response do not currently form a persistent directional pattern."}, "event_risk": {"score": 93, "band": "High", "tone": "negative", "days": 0, "proximity_component": 30, "reaction_component": 33, "variability_component": 25, "uncertainty_component": 5, "explanation": "Event risk combines report proximity, historical price movement, surprise variability, estimate availability and confirmed timing. It measures uncertainty, not direction."}, "evidence": {"score": 99, "band": "Deep", "exact": 12, "surprise": 12, "reaction": 12, "financial": 11, "total": 12}, "factor_context": {"available": true, "as_of": "2026-08-09", "eps_growth_1y": null, "revenue_growth_1y": -15.1, "cash_conversion": 0.27, "net_margin": -85.7, "earnings_yield": null, "eps_surprise_avg": -18.2, "sue_score": -0.18, "pe_ratio": null, "completeness": 78.6, "source": "alphavantage"}, "market_context": {"available": true, "as_of": "2026-08-07", "close": 7.95, "currency": "USD", "return_13w": -15.1, "fair_value": 20.868814, "fair_value_gap": -61.9, "relative_strength": -11.6, "trend_signal": "Inactive", "expectation_direction": "undecided", "expectation_probability": 47.2}, "records": [{"period_end": "2023-06-30", "reported_date": "2023-08-02", "date_source": "exact", "eps_actual": -0.29, "eps_estimate": -0.4, "eps_surprise": 0.11, "surprise_pct": 27.5, "surprise_label": "+27.5%", "surprise_band": "beat", "eps_yoy": null, "eps_yoy_label": "-", "one_week_reaction": 22.4448897795591, "one_week_reaction_label": "+22.4%", "four_week_reaction": 4.843019372077486, "four_week_reaction_label": "+4.8%", "confirmation": "confirmed", "revenue": null, "revenue_yoy": null, "revenue_yoy_label": "-", "net_income": null, "operating_cash_flow": null, "free_cash_flow": null, "currency": "USD"}, {"period_end": "2023-09-30", "reported_date": "2023-11-06", "date_source": "exact", "eps_actual": -0.29, "eps_estimate": -0.37, "eps_surprise": 0.08, "surprise_pct": 21.6216, "surprise_label": "+21.6%", "surprise_band": "beat", "eps_yoy": null, "eps_yoy_label": "-", "one_week_reaction": 7.610619469026543, "one_week_reaction_label": "+7.6%", "four_week_reaction": 20.460176991150448, "four_week_reaction_label": "+20.5%", "confirmation": "confirmed", "revenue": 8994000.0, "revenue_yoy": null, "revenue_yoy_label": "-", "net_income": -10723000.0, "operating_cash_flow": -189000.0, "free_cash_flow": -5000.0, "currency": "USD"}, {"period_end": "2023-12-31", "reported_date": "2024-02-28", "date_source": "exact", "eps_actual": -0.28, "eps_estimate": -0.32, "eps_surprise": 0.04, "surprise_pct": 12.5, "surprise_label": "+12.5%", "surprise_band": "beat", "eps_yoy": null, "eps_yoy_label": "-", "one_week_reaction": -1.6727069974909237, "one_week_reaction_label": "-1.7%", "four_week_reaction": -23.306384165040413, "four_week_reaction_label": "-23.3%", "confirmation": "diverged", "revenue": 9284000.0, "revenue_yoy": null, "revenue_yoy_label": "-", "net_income": -10573000.0, "operating_cash_flow": -5316000.0, "free_cash_flow": -5079000.0, "currency": "USD"}, {"period_end": "2024-03-31", "reported_date": "2024-05-02", "date_source": "exact", "eps_actual": -0.27, "eps_estimate": -0.33, "eps_surprise": 0.06, "surprise_pct": 18.1818, "surprise_label": "+18.2%", "surprise_band": "beat", "eps_yoy": null, "eps_yoy_label": "-", "one_week_reaction": 2.234137622877569, "one_week_reaction_label": "+2.2%", "four_week_reaction": 20.732797140303845, "four_week_reaction_label": "+20.7%", "confirmation": "confirmed", "revenue": 9938000.0, "revenue_yoy": null, "revenue_yoy_label": "-", "net_income": -10338000.0, "operating_cash_flow": -8422000.0, "free_cash_flow": -8210000.0, "currency": "USD"}, {"period_end": "2024-06-30", "reported_date": "2024-08-13", "date_source": "exact", "eps_actual": -0.23, "eps_estimate": -0.27, "eps_surprise": 0.04, "surprise_pct": 14.8148, "surprise_label": "+14.8%", "surprise_band": "beat", "eps_yoy": 20.689655172413783, "eps_yoy_label": "+20.7%", "one_week_reaction": -8.429926238145411, "one_week_reaction_label": "-8.4%", "four_week_reaction": -9.343168247277838, "four_week_reaction_label": "-9.3%", "confirmation": "diverged", "revenue": 10379000.0, "revenue_yoy": null, "revenue_yoy_label": "-", "net_income": -9270000.0, "operating_cash_flow": -6830000.0, "free_cash_flow": -6714000.0, "currency": "USD"}, {"period_end": "2024-09-30", "reported_date": "2024-11-14", "date_source": "exact", "eps_actual": -0.29, "eps_estimate": -0.22, "eps_surprise": -0.07, "surprise_pct": -31.8182, "surprise_label": "-31.8%", "surprise_band": "miss", "eps_yoy": 0.0, "eps_yoy_label": "0.0%", "one_week_reaction": -16.528417818740387, "one_week_reaction_label": "-16.5%", "four_week_reaction": 7.18894009216591, "four_week_reaction_label": "+7.2%", "confirmation": "confirmed", "revenue": 9443000.0, "revenue_yoy": 4.9922170335779406, "revenue_yoy_label": "+5.0%", "net_income": -10754000.0, "operating_cash_flow": -7085000.0, "free_cash_flow": -7018000.0, "currency": "USD"}, {"period_end": "2024-12-31", "reported_date": "2025-02-26", "date_source": "exact", "eps_actual": -0.22, "eps_estimate": -0.29, "eps_surprise": 0.07, "surprise_pct": 24.1379, "surprise_label": "+24.1%", "surprise_band": "beat", "eps_yoy": 21.428571428571434, "eps_yoy_label": "+21.4%", "one_week_reaction": -40.45884923525127, "one_week_reaction_label": "-40.5%", "four_week_reaction": -47.88783685360524, "four_week_reaction_label": "-47.9%", "confirmation": "diverged", "revenue": 8658000.0, "revenue_yoy": -6.742783283067643, "revenue_yoy_label": "-6.7%", "net_income": -8648000.0, "operating_cash_flow": -4235000.0, "free_cash_flow": -4104000.0, "currency": "USD"}, {"period_end": "2025-03-31", "reported_date": "2025-05-05", "date_source": "exact", "eps_actual": -0.4, "eps_estimate": -0.36, "eps_surprise": -0.04, "surprise_pct": -11.1111, "surprise_label": "-11.1%", "surprise_band": "miss", "eps_yoy": -48.148148148148145, "eps_yoy_label": "-48.1%", "one_week_reaction": -8.284883720930235, "one_week_reaction_label": "-8.3%", "four_week_reaction": -4.941860465116276, "four_week_reaction_label": "-4.9%", "confirmation": "confirmed", "revenue": 9368000.0, "revenue_yoy": -5.735560474944657, "revenue_yoy_label": "-5.7%", "net_income": -11730000.0, "operating_cash_flow": -5486000.0, "free_cash_flow": -5431000.0, "currency": "USD"}, {"period_end": "2025-06-30", "reported_date": "2025-08-14", "date_source": "exact", "eps_actual": -0.11, "eps_estimate": -0.15, "eps_surprise": 0.04, "surprise_pct": 26.6667, "surprise_label": "+26.7%", "surprise_band": "beat", "eps_yoy": 52.17391304347826, "eps_yoy_label": "+52.2%", "one_week_reaction": -21.479500891265594, "one_week_reaction_label": "-21.5%", "four_week_reaction": -25.66844919786097, "four_week_reaction_label": "-25.7%", "confirmation": "diverged", "revenue": 8010000.0, "revenue_yoy": -22.824934964832835, "revenue_yoy_label": "-22.8%", "net_income": -8220000.0, "operating_cash_flow": -4688000.0, "free_cash_flow": -4370000.0, "currency": "USD"}, {"period_end": "2025-09-30", "reported_date": "2025-10-30", "date_source": "exact", "eps_actual": -0.1, "eps_estimate": -0.06, "eps_surprise": -0.04, "surprise_pct": -66.6667, "surprise_label": "-66.7%", "surprise_band": "miss", "eps_yoy": 65.51724137931035, "eps_yoy_label": "+65.5%", "one_week_reaction": -3.6633663366336555, "one_week_reaction_label": "-3.7%", "four_week_reaction": -31.485148514851485, "four_week_reaction_label": "-31.5%", "confirmation": "confirmed", "revenue": 7627000.0, "revenue_yoy": -19.2311765328815, "revenue_yoy_label": "-19.2%", "net_income": -8152000.0, "operating_cash_flow": -2596000.0, "free_cash_flow": -2375000.0, "currency": "USD"}, {"period_end": "2025-12-31", "reported_date": "2026-03-11", "date_source": "exact", "eps_actual": 0.05, "eps_estimate": -0.01, "eps_surprise": 0.06, "surprise_pct": 4.3333, "surprise_label": "+4.3%", "surprise_band": "beat", "eps_yoy": 122.72727272727273, "eps_yoy_label": "+122.7%", "one_week_reaction": 22.284644194756563, "one_week_reaction_label": "+22.3%", "four_week_reaction": 6.554307116104879, "four_week_reaction_label": "+6.6%", "confirmation": "confirmed", "revenue": 8908000.0, "revenue_yoy": 2.8875028875028876, "revenue_yoy_label": "+2.9%", "net_income": -4207000.0, "operating_cash_flow": 991000.0, "free_cash_flow": 1087000.0, "currency": "USD"}, {"period_end": "2026-03-31", "reported_date": "2026-05-12", "date_source": "exact", "eps_actual": -0.3165, "eps_estimate": -0.26, "eps_surprise": -0.0565, "surprise_pct": -21.7308, "surprise_label": "-21.7%", "surprise_band": "miss", "eps_yoy": 20.875000000000004, "eps_yoy_label": "+20.9%", "one_week_reaction": 4.700854700854714, "one_week_reaction_label": "+4.7%", "four_week_reaction": 45.61965811965813, "four_week_reaction_label": "+45.6%", "confirmation": "diverged", "revenue": 7579000.0, "revenue_yoy": -19.096925704526047, "revenue_yoy_label": "-19.1%", "net_income": -6966000.0, "operating_cash_flow": -1847000.0, "free_cash_flow": -1726000.0, "currency": "USD"}], "charts": {"quarters": ["2023-06-30", "2023-09-30", "2023-12-31", "2024-03-31", "2024-06-30", "2024-09-30", "2024-12-31", "2025-03-31", "2025-06-30", "2025-09-30", "2025-12-31", "2026-03-31"], "eps_actual": [-0.29, -0.29, -0.28, -0.27, -0.23, -0.29, -0.22, -0.4, -0.11, -0.1, 0.05, -0.3165], "eps_estimate": [-0.4, -0.37, -0.32, -0.33, -0.27, -0.22, -0.29, -0.36, -0.15, -0.06, -0.01, -0.26], "surprise": [27.5, 21.6216, 12.5, 18.1818, 14.8148, -31.8182, 24.1379, -11.1111, 26.6667, -66.6667, 4.3333, -21.7308], "reaction_1w": [22.4448897795591, 7.610619469026543, -1.6727069974909237, 2.234137622877569, -8.429926238145411, -16.528417818740387, -40.45884923525127, -8.284883720930235, -21.479500891265594, -3.6633663366336555, 22.284644194756563, 4.700854700854714], "reaction_4w": [4.843019372077486, 20.460176991150448, -23.306384165040413, 20.732797140303845, -9.343168247277838, 7.18894009216591, -47.88783685360524, -4.941860465116276, -25.66844919786097, -31.485148514851485, 6.554307116104879, 45.61965811965813], "revenue": [null, 8.99, 9.28, 9.94, 10.38, 9.44, 8.66, 9.37, 8.01, 7.63, 8.91, 7.58], "net_income": [null, -10.72, -10.57, -10.34, -9.27, -10.75, -8.65, -11.73, -8.22, -8.15, -4.21, -6.97], "financial_unit": "millions", "scatter": [{"x": 27.5, "y": 22.4448897795591, "label": "2023-06-30"}, {"x": 21.6216, "y": 7.610619469026543, "label": "2023-09-30"}, {"x": 12.5, "y": -1.6727069974909237, "label": "2023-12-31"}, {"x": 18.1818, "y": 2.234137622877569, "label": "2024-03-31"}, {"x": 14.8148, "y": -8.429926238145411, "label": "2024-06-30"}, {"x": -31.8182, "y": -16.528417818740387, "label": "2024-09-30"}, {"x": 24.1379, "y": -40.45884923525127, "label": "2024-12-31"}, {"x": -11.1111, "y": -8.284883720930235, "label": "2025-03-31"}, {"x": 26.6667, "y": -21.479500891265594, "label": "2025-06-30"}, {"x": -66.6667, "y": -3.6633663366336555, "label": "2025-09-30"}, {"x": 4.3333, "y": 22.284644194756563, "label": "2025-12-31"}, {"x": -21.7308, "y": 4.700854700854714, "label": "2026-03-31"}], "earnings_price": {"available": false, "dates": [], "price_index": [], "eps_index": [], "gap": [], "quarter_markers": [], "bridge_labels": [], "bridge_values": []}}, "earnings_price": {"available": false, "reason": "Earnings power must be positive at the start of the three-year window."}, "disclaimer": "Earnings intelligence is descriptive market research. It is not a forecast, recommendation or trading instruction."}