Immersion Corp expected to post earnings of 34 cents a share - Earnings Preview

Immersion

07/08/2024 15:36

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 9
(estimated) for the period ending June 30 2024
    * The Aventura Florida-based  company is expected to report
a
5.9% increase in revenue to $7.395 million from $6.98 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Immersion Corp is for
earnings
of 34 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 average consensus recommendation for the software peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for Immersion
Corp is
$10.50​, above​ its last closing price of $10.23. ​​​

This summary was machine generated August 7 at 14:36 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)