Immersion (IMMR) Tops Q3 EPS by 20c

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Go back to Immersion (IMMR) Tops Q3 EPS by 20c

Immersion Corporation Reports Third Quarter 2017 Results

November 2, 2017 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 third quarter ended September 30, 2017.

Results for the quarter ended September 30, 2017

Total revenues for the third quarter of 2017 were $11.9 million. This compares to total revenues of $26.3 million for the third quarter of 2016, which included a one-time license fee from Samsung of $19.0 million.

Net loss for the third quarter of 2017 was $(5.3) million, or $(0.18) per share. This compares to net income of $7.0 million, or $0.24 per share, for... More