Seeking Alpha

Immersion (IMMR +6.7%) jumps following its Q2 report. The results aren't great: revenue of $6.5M...

Immersion (IMMR +6.7%) jumps following its Q2 report. The results aren't great: revenue of $6.5M (-3% Y/Y) missed by $1.3M and EPS of -$0.08 was in-line. However, Immersion said on its earnings call it could reach new licensing deals by year's end that would allow it to reach the high end of its 2012 revenue guidance range of $32M-$38M (consensus is for $35.1M). Also, the company announced Fujitsu has released the first smartphone containing Immersion's HD Haptics tech.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector