Immersion (IMMR) Tops Q1 EPS by 1c, Slight Beat on Revenues; Raises FY19 Revenue Outlook Above Consensus
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Immersion Corporation Reports First Quarter 2019 Results and Raises Guidance
May 13, 2019 4:15 PM EDTSAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the first quarter ended March 31, 2019.
In separate press releases issued today, the Company also announced that it settled a patent litigation dispute with Samsung Electronics Co. Ltd. and agreed to a global patent and technology license for mobile devices for quarterly royalties, and that it signed an agreement with Sony Interactive Entertainment to license Immersions advanced haptics patent portfolio and leverage Immersions haptics technology for gaming and VR... More
