Immersion Corp expected to post earnings of 34 cents a share - Earnings Preview

Reuters11-15

Immersion Corp <immr.oq> expected to post earnings of 34 cents a share - Earnings Preview </immr.oq>

Immersion Corp IMMR.OQ IMMR.O is expected to show a rise in quarterly revenue when it reports results on November 18 (estimated) for the period ending September 30 2024
The Aventura Florida-based company is expected to report a 1,335.0% increase in revenue to $136.064 million from $9.48 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Immersion Corp is for earnings of 34 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Immersion Corp is $13.75, above its last closing price of $8.54.

This summary was machine generated November 15 at 11:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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