Immersion Corporation (IMMR) News
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Latest IMMR News From Around the Web
Below are the latest news stories about Immersion Corp that investors may wish to consider to help them evaluate IMMR as an investment opportunity.
Small cap Immersion Corporation (NASDAQ: IMMR ) is rising as its haptic technology could be added to a second major gaming console after its success with another. What Happened: Immersion has a royalty deal with Sony Corporation (NYSE: SNE ). The deal allows the company to use Immersion’s haptic technology in gaming and VR controllers, including the strong selling PlayStation 5. After the success of the PlayStation 5 and the strong reviews for the controller, Sony’s gaming rival Microsoft Corporation (NASDAQ: MSFT ) is considering adding haptic technology to controllers. Microsoft sent an Xbox console experience survey to its users that asks questions about the controllers. Questions ask if the Xbox Series X feels next-gen and if users are aware of features on Playstation controllers th...
Immersion shares soar after Colliers raises price target on 'thesis changer' PlayStation 5 inclusion
Colliers analyst Charles Anderson maintains a Buy rating on Immersion (IMMR) and raises the price target from $13 to $15, saying the inclusion of IMMR's haptic technology in Sony's PlayStation 5 is a "thesis changer."Anderson says the PS5 DualSense controller represents a "true breakthrough for haptics technology" that will "change the adoption...
Immersion (NASDAQ: IMMR) posted a 344.1% decrease in earnings from Q2. Sales, however, increased by 34.02% over the previous quarter to $7.60 million. …
The haptics technology specialist is poised to benefit from the PlayStation 5, according to one Wall Street analyst.
Immersion (IMMR) saw a big move last session, as its shares jumped more than 23% on the day, amid huge volumes.
Would Shareholders Who Purchased Immersion's (NASDAQ:IMMR) Stock Five Years Be Happy With The Share price Today?
Over the last month the Immersion Corporation ( NASDAQ:IMMR ) has been much stronger than before, rebounding by 34...
As of late, it has definitely been a great time to be an investor in Immersion (IMMR).
A small-cap company could be the way to play the early success of the Playstation 5. Strong Demand for Playstation 5: Retailers like Walmart Inc (NYSE: WMT ) and Best Buy Co (NYSE: BBY ) are struggling to keep up with demand for the Playstation 5 console from Sony Corporation (NYSE: SNE ). In Japan, the console sold out in its first day as retailers held draws to see who got supply due to a limited number of available consoles. On Amazon.com 's (NASDAQ: AMZN ) video games best seller list , Playstation 5-related items hold high ranks, with a gift card for Playstation in the No. 1 spot as of Nov. 15. In July, I wrote about demand for the Playstation 5 rising from 6 million consoles sold in 2020 up to … Full story available on Benzinga.com
At this time, I would like to hand the conference over to Mr. Aaron Akerman. Good afternoon, and thank you for joining us today on Immersion's Third Quarter 2020 Conference Call. With me on today's call is Jared Smith, our new Interim CEO.
SAN FRANCISCO--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the third quarter ended September 30, 2020. Third Quarter Financial Summary: Total revenues of $7.6 million, compared to $10.6 million in the third quarter of 2019. Royalty and license revenues were $7.5 million, compared to $10.5 million in the third quarter of 2019. GAAP operating expenses of $5.0 million declined 58% from $