Immersion: Q3 Earnings Insights

Immersion IMMR reported its Q3 earnings results on Monday, November 13, 2023 at 09:00 AM.

Here's what investors need to know about the announcement.

Immersion missed estimated earnings by 63.64%, reporting an EPS of $0.12 versus an estimate of $0.33.

Revenue was down $4.52 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 2.66% increase in the share price the next day.

Here's a look at Immersion's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.14	0.14	0.14	0.16
EPS Actual	0.28	0.33	0.45	0.28
Revenue Estimate	7.76M	7.82M	8.00M	8.50M
Revenue Actual	6.98M	7.07M	9.16M	14.01M

To track all earnings releases for Immersion visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar