Immersion (IMMR) Tops Q3 EPS by 8c
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Immersion Corporation Reports Record Revenue in Third Quarter 2015; Raises Financial Outlook
October 29, 2015 4:15 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the third quarter ended September 30, 2015.
Total revenues for the third quarter of 2015 were $14.3 million, an increase of 19% compared to $12.1 million for the third quarter of 2014. Royalty and license revenues of $13.9 million for the third quarter of 2015 were up 19% from the same period last year. Net income for the third quarter of 2015 was $184 thousand, or $0.01 per diluted share. This compares to net income of $1.1 million, or $0.04 per diluted... More
