Seeking Alpha

Immersion +2.8% AH following CEO's CNBC appearance

  • During an appearance on CNBC's Fast Money, Immersion (IMMR) CEO Victor Viegas talked up the value of his company's haptic feedback tech and mentioned Immersion is growing at a 50% Y/Y clip.
  • Immersion's Q2 revenue was up 58% Y/Y. Analysts expect 54% growth in Q3, and 42% growth in Q4.
  • Previous: Immersion haptic tech used in Samsung smartwatch
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