Immersion Corporation Reports Second Quarter 2017 Results

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Immersion (IMMR) Misses Q2 EPS by 2c

August 3, 2017 4:29 PM EDT

Immersion (NASDAQ: IMMR) reported Q2 EPS of ($0.37), $0.02 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $7 million versus the consensus estimate of $8.93 million.

As of June 30, 2017, Immersions cash, cash equivalents and short term investments were $62.0 million, down from $89.8 million... More