Immersion Corporation Reports First Quarter 2019 Results and Raises Guidance

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Immersion (IMMR) Tops Q1 EPS by 1c, Slight Beat on Revenues; Raises FY19 Revenue Outlook Above Consensus

May 13, 2019 4:21 PM EDT

Immersion (NASDAQ: IMMR) reported Q1 EPS of ($0.28), $0.01 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $5.12 million versus the consensus estimate of $5.1 million.

Ramzi Haidamus, President and Chief Executive Officer of Immersion, commented, I am delighted to report that the... More