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

Immersion

15/11/2024 11:03

* Immersion Corp  IMMR.OQ   IMMR.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 18
(estimated) for the period ending September 30 2024
    * The Aventura Florida-based  company is expected to report
a
1,335.0% increase in revenue to $136.064 million from $9.48
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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Immersion
Corp is
$13.75​, above​ its last closing price of $8.54. ​​​

This summary was machine generated November 15 at 11:03 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)