Immersion (IMMR) Misses Q3 EPS by 5c

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Go back to Immersion (IMMR) Misses Q3 EPS by 5c

Immersion Corporation Reports Third Quarter 2019 Results; Will Host Analyst and Investor Day on November 18, 2019

November 6, 2019 4:15 PM EST

- Revenue of $10.6 million up 24% year-over-year
- GAAP net income (loss) per share of $(0.04) versus $(0.15) last year
- Non-GAAP net income (loss) per share of $0.00 versus $(0.07) last year

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, 2019.

I am very pleased to report that Immersion has reached a key inflection point in attaining break-even net income on a non-GAAP basis and is poised to... More