Immersion (IMMR) Tops Q1 EPS by 2c

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Ascendiant Capital Upgrades Immersion (IMMR) to Buy

May 1, 2015 9:07 AM EDT

Ascendiant Capital upgraded Immersion (NASDAQ: IMMR) from Hold to Buy with a price target of $14.00 after the company turned in a solid quarter with revenue of $16.3 million ahead of the $16.1 million Street consensus and EPS of $0.06, topping the $0.04 estimate. The firm notes accelerating adoption is... More