Immersion Corp (IMMR) Reports In-Line Q2 EPS; Guides In-line

August 2, 2012 4:25 PM EDT Send to a Friend
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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