Immersion (IMMR) Tops Q1 EPS by 2c

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Go back to Immersion (IMMR) Tops Q1 EPS by 2c

Immersion Corporation Reports Record Revenues in First Quarter 2015

April 30, 2015 4:15 PM EDT

March Quarter Revenue of $16.3 Million Represents Highest Quarterly Revenue in Company History

SAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the first quarter ended March 31, 2015.

Total revenues for the first quarter of 2015 were $16.3 million, an increase of 6% compared to $15.4 million for the first quarter of 2014. Royalty and license revenues of $16.0 million for the first quarter of 2015 were up 6% from the same period last year. Net loss for the first quarter of 2015 was $(59,000),... More