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

Immersion

04/11/2021 08:30

* Immersion Corp  IMMR.OQ  reported quarterly adjusted earnings
of 15 cents​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of 17 cents per share.
* Revenue fell 5.6% to $7.17 million from a year ago;  analysts
expected $9.50 million. 
* Immersion Corp's reported EPS for the quarter was 12 cents​.
* The mean earnings estimate of analysts had fallen by about 19%
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 risen by 40.1% this quarter and
lost 15.1% so far this year.
* The company reported quarterly net income of $3.77 million.
* Wall Street's median 12-month price target for Immersion Corp
is $15.00 
* 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 November 4 at 08:29 a.m.
 ​All figures in US dollars unless otherwise stated