Immersion Corporation Reports Results for First Quarter 2018
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Immersion (IMMR) Tops Q1 EPS by 99c, Beats on Revenues; Boosts FY18 Revenue Outlook
May 10, 2018 4:30 PM EDTImmersion (NASDAQ: IMMR) reported Q1 EPS of $2.34, $0.99 better than the analyst estimate of $1.35. Revenue for the quarter came in at $85.4 million versus the consensus estimate of $51.03 million.
Non-GAAP net income for the first quarter of 2018 was $71.5 million, or $2.34 per diluted share. Record Revenues of $85.4 million31% Decrease in Operating ExpensesUpwardly Revised Annual... More