AP NEWS

Immersion: 3Q Earnings Snapshot

November 2, 2018

SAN JOSE, Calif. (AP) _ Immersion Corp. (IMMR) on Thursday reported a loss of $4.6 million in its third quarter.

The San Jose, California-based company said it had a loss of 15 cents per share. Losses, adjusted for stock option expense, were 7 cents per share.

The touch-based technology company posted revenue of $8.6 million in the period.

Immersion expects full-year revenue in the range of $108 million to $111 million.

Immersion shares have climbed 47 percent since the beginning of the year. The stock has increased 31 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMMR at https://www.zacks.com/ap/IMMR

AP RADIO
Update hourly