Paolo Gorgo
Special situations, long-term horizon, long only

Immersion Delivers Its Best Q2 Ever, Hints At New Potential Revenue Streams

Immersion Corporation (NASDAQ:IMMR) reported Q2 2013 earning Thursday, after market close.

Here are some of the highlights:

    Total revenues were $10.2 million, an increase of 58% compared to $6.5 million in Q2 2012, slightly shy of consensus. The two analysts following the company were expecting revenues of $10 million and $10.53 million, respectively; Royalty and license revenues of $10.0 million were up 68% from the same period last year; Net income for Q2 2013 was $776,000, or $ 0.03 per share, in line with consensus; Adjusted EBITDA for Q2 2013 was $2.4 million; The company increased the lower end of its 2013 annual guidance by $1 million, and now expects revenues to be in the $45 to $48 ...
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