Immersion (IMMR) Tops Q2 EPS by 7c

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Go back to Immersion (IMMR) Tops Q2 EPS by 7c

Immersion Corporation Reports Record Revenue in Second Quarter 2015

July 30, 2015 4:15 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the second quarter ended June 30, 2015.

Total revenues for the second quarter of 2015 were $16.2 million, an increase of 37% compared to $11.8 million for the second quarter of 2014. Royalty and license revenues of $15.9 million for the second quarter of 2015 were up 37% from the same period last year. Net income for the second quarter of 2015 was $1.6 million, or $0.06 per diluted share. This compares to net income of $169 thousand, or $0.01 per diluted share, for the... More