Immersion (IMMR) Q2 Earnings and Revenues Surpass Estimates

Immersion (IMMR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 78%. A quarter ago, it was expected that this touchbased technology company would post earnings of $0.59 per share when it actually produced earnings of $0.59, delivering no surprise. Over the last four quarters, the com ...