Immersion Corp expected to post earnings of 14  cents a share - Earnings Preview

Immersion

11/08/2023 13:29

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a
fall in
quarterly revenue when it reports  results on August 14
(estimated). 
    * The Aventura Florida-based  company is expected to report 
a
2.8% decrease in revenue to $7.762 million from $7.98 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Immersion Corp is
for
earnings of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Immersion
Corp is
$11​, above​ its last closing price of $6.77. ​​​

This summary was machine generated August 11 at 12:29 GMT.  All
figures in US dollars  unless otherwise stated