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

Immersion

07/05/2021 02:19

* Immersion Corp  IMMR.OQ  reported quarterly adjusted earnings
of 10 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
10 cents per share.
* Revenue rose 14.4% to $7.16 million from a year ago​; 
analysts expected $7.25 million.
* Immersion Corp's reported EPS for the quarter was 7 cents​.
* The mean earnings estimate of analysts had risen by
about 17.6% 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 10.4% this quarter and
lost 24.0% so far this year.
* The company reported quarterly net income of $2.04 million.
* Wall Street's median 12-month price target for Immersion Corp
is $13.50 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated May 7 at 01:19 a.m. GMT. ​All
figures in US Dollars.​