Immersion Corp (IMMR) Reports In-Line Q2 EPS; Guides In-line
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Price: $13.47 -3.79%
Revenue Growth %: +43.3%
Financial Fact:
General and administrative: 6.14M
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +43.3%
Financial Fact:
General and administrative: 6.14M
Today's EPS Names:
LBIX, ESEA, ISS, More
Trade IMMR Now!
Immersion Corp (NASDAQ: IMMR) reported Q2 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $6.5 million versus the consensus estimate of $7.79 million.
"Based on our current outlook and taking into account potential Basic Haptics royalty agreements and payments from new and/or existing customers prior to the end of the year, we are broadening our expected revenue range for fiscal 2012 to $32 to $38 million, and we continue to expect to achieve positive Adjusted EBITDA for the year." (FY12 revenue consensus is $35.09M)
For earnings history and earnings-related data on Immersion Corp (IMMR) click here.
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"Based on our current outlook and taking into account potential Basic Haptics royalty agreements and payments from new and/or existing customers prior to the end of the year, we are broadening our expected revenue range for fiscal 2012 to $32 to $38 million, and we continue to expect to achieve positive Adjusted EBITDA for the year." (FY12 revenue consensus is $35.09M)
For earnings history and earnings-related data on Immersion Corp (IMMR) click here.
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