Immersion Corp reports results for the quarter ended in December - Earnings Summary

Immersion

25/02/2022 15:57

* Immersion Corp  IMMR.OQ  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for earnings of 15 cents
per share.
    * Revenue fell 10.9% to $9.75 million from a year ago; 
analysts
expected $8.20 million. 
    * Immersion Corp's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Immersion Corp shares had fallen by 15.4% this quarter.
    * The company reported quarterly net income of $1.34
million.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 25 at 03:57 p.m.
 ​All figures in US dollars unless otherwise stated