Immersion reports in-line Q4 results during US market closure

Immersion posted Q4 earnings and revenue in line with estimates, with market reaction expected after US exchanges reopen from the Christmas holiday.

neutral
Recently

Immersion reports in-line Q4 results during US market closure

1 min read58 words
Immersion reports in-line Q4 results during US market closure
Immersion posted Q4 earnings and revenue in line with estimates, with market reaction expected after US exchanges reopen from the Christmas holiday.
Immersion Corp released its fourth-quarter results on December 25 during the US holiday trading pause. The haptics technology firm posted earnings per share of 0.91, matching consensus estimates, while revenue came in at $610 million, also in line with expectations. Performance was supported by steady licensing activity, with stock reaction deferred until markets reopen after the holiday break.
Sentinel