Digimarc (DMRC) Q2 FY26 earnings call

New CEO Paul Carreiro outlined a strategic shift for Digimarc, emphasizing commercial execution and narrowing focus to retail and CPG. The company is rebuilding its go-to-market engine with key leadership hires and sees significant opportunity in its Secure Gift Card solution, which is gaining traction with a growing pipeline and strategic partnerships. While near-term ARR growth targets have been adjusted due to contract changes and timing, management remains confident in the underlying long-term potential, particularly for the gift card initiative.