Immersion (IMMR) Misses Q2 EPS by 2c

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Go back to Immersion (IMMR) Misses Q2 EPS by 2c

Immersion Corporation Reports Second Quarter 2017 Results

August 3, 2017 4:20 PM EDT

Files Lawsuits against Samsung Electronics and Motorola Mobility

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, 2017.

Results for the quarter ended June 30, 2017

Total revenues for the second quarter of 2017 were $7.0 million, a decrease of 11% compared to $7.9 million for the second quarter of 2016. Royalty and license revenues of $6.8 million for the second quarter of 2017 were down 11% from the same period last year.

Net loss... More