Immersion (IMMR) Misses Q2 EPS by 2c

Immersion (NASDAQ: IMMR) reported Q2 EPS of ($0.37), $0.02 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $7 million versus the consensus estimate of $8.93 million.

As of June 30, 2017, Immersion’s cash, cash equivalents and short term investments were $62.0 million, down from $89.8 million as of December 31, 2016.

For earnings history and earnings-related data on Immersion (IMMR) click here.

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• Morgan Stanley upgrades CDW on stronger AI-driven server demand
• Nike names former Pfizer CFO David Denton as new finance chief