Immersion Corp down after fall in quarterly profit

Immersion

14/09/2026 15:51

** Shares of haptic technology developer Immersion Corp IMMR.O down ~1% at $7.33 in early trading
** Co posts a fall in adjusted quarterly profit, as higher operating expenses offset modest revenue growth
** Reports Q1 adjusted EPS of 50 cents, compared to 52 cents the previous year
** Logs quarterly total revenues of $294.4 million vs $292 million last year
** Including session moves, stock down ~9% YTD

(Reporting by Shania S Thomas in Bengaluru)
((shanias.thomas@thomsonreuters.com))