Immersion (IMMR) Tops Q2 EPS by 7c
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Immersion Corporation Reports Second Quarter 2021 Results
August 16, 2021 4:15 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2021.
Second Quarter Financial Summary:
Total revenues of $11.0 million, compared to $5.7 million in the second quarter of 2020. Royalty and license revenues were $10.9 million, compared to $5.6 million in the second quarter of 2020. GAAP operating expenses of $5.2 million declined 23% from $6.7 million in the second quarter of 2020. Non-GAAP operating expenses of $3.8 million declined 28% from non-GAAP operating expenses of $5.2 million... More