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Immersion Corp (IMMR.OQ)

IMMR.OQ on NASDAQ Stock Exchange Global Select Market

8.37USD
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Immersion posts Q4 adj loss of $0.27/share
Thursday, 2 Mar 2017 04:15pm EST 

Immersion Corp : Q4 revenue $9.3 million . Immersion Corporation reports fourth quarter and full year 2016 results . Sees FY 2017 non-GAAP loss per share $0.76 to $1.05 . Q4 loss per share $1.32 . Q4 earnings per share view $-0.18 -- Thomson Reuters I/B/E/S . Q4 non-GAAP loss per share $0.27 . Sees FY 2017 revenue $38 million to $42 million . Q4 revenue view $10.7 million -- Thomson Reuters I/B/E/S .Guidance for 2017 takes into account ongoing litigation with Apple and current unlicensed status of Samsung.  Full Article

Immersion and Nintendo enter into agreement to bring Immersion's TouchSense technology to the Nintendo switch system
Friday, 13 Jan 2017 09:25am EST 

Immersion Corp : Immersion and Nintendo enter into agreement to bring Immersion's TouchSense technology to the Nintendo switch system .Immersion Corp says as part of agreement, Nintendo receives a license to Immersion's patent portfolio.  Full Article

Viex Opportunities Fund Lp delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board
Wednesday, 28 Dec 2016 09:44am EST 

Immersion Corp : Viex Opportunities Fund LP series one-letter also included stockholder proposal requesting board take necessary steps to declassify board so that all directors elected on annual basis . Viex Opportunities Fund LP series one-representatives have engaged, intend to continue to engage, in discussions with immersion board relating to composition of board . Viex Opportunities Fund LP series one-on dec 27, delivered letter to immersion nominating Michael Bartholomeusz, Anurag Gupta and Daniel Mccurdy for election to board . Viex Opportunities Fund LP series one - requested immersion corp board to take steps to declassify board so all directors are elected on annual basis .Viex Opportunities Fund LP series one says it has serious concerns with immersion corp’s "sub optimal performance, weak corporate governance".  Full Article

Immersion sees FY 2016 revenue $55 million to $65 million
Thursday, 3 Nov 2016 04:15pm EDT 

Immersion Corp : FY2016 revenue view $60.0 million -- Thomson Reuters I/B/E/S . Immersion corporation reports third quarter 2016 results . Q3 earnings per share $0.24 . Q3 revenue $26.3 million versus I/B/E/S view $27.7 million . Q3 non-GAAP earnings per share $0.34 . Sees FY 2016 revenue $55 million to $65 million .Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.  Full Article

Viex Capital Advisors believes Immersion has strategic opportunities
Tuesday, 23 Aug 2016 09:24am EDT 

Viex Capital Advisors Llc: Viex Capital Advisors says it believes there are strategic opportunities for Immersion Corp - SEC filing . Viex Capital Advisors says it has initiated a dialogue with Immersion Corp's management and board regarding those opportunities . Viex Capital Advisors says it may seek board representation and/or take positions or make proposals with respect to Immersion's strategic direction . Viex Capital Advisors says it believe Immersion's shares are materially undervalued .Viex Capital Advisors held 9 percent stake in Immersion Corp as of Aug 19, up from 6.7 percent stake it held as of Aug 5.  Full Article

Viex Capital Advisors reports 6.7 pct stake in Immersion
Tuesday, 9 Aug 2016 09:35am EDT 

Immersion Corp :Viex Capital Advisors Llc reports 6.7 pct stake in Immersion Corp as of August 5 vs 5.7 pct stake as of June 24 - SEC filing.  Full Article

Immersion Corp. Q2 revenue fell 52 pct
Thursday, 4 Aug 2016 04:15pm EDT 

Immersion Corp : Q2 Non-GAAP loss per share $0.20 . Sees FY 2016 revenue $55 million to $65 million . Q2 revenue view $11.6 million -- Thomson Reuters I/B/E/S . Immersion Corp. reports second quarter 2016 results . Q2 revenue fell 52 percent to $7.9 million . Q2 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S .Fy2016 revenue view $61.5 million -- Thomson Reuters I/B/E/S.  Full Article

Immersion, unit enters into amended, restated license agreement with Samsung
Monday, 18 Jul 2016 08:11am EDT 

Immersion Corp :On July 12, Immersion together with Immersion software Ireland Ltd, entered into an amended and restated license agreement with Samsung Electronics Co Ltd.  Full Article

Viex Capital Advisors reports 5.7 pct stake in Immersion Corp - SEC filing
Wednesday, 29 Jun 2016 09:35am EDT 

Immersion Corp : Viex Capital Advisors LLC reports 5.7 percent stake in Immersion Corp, as of June 24, 2016 - SEC filing Source: (http://1.usa.gov/295Khwe ) Further company coverage: [IMMR.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Immersion corp, Lenovo enter deal for Touchsense® Haptic Technology
Monday, 27 Jun 2016 08:30am EDT 

Immersion Corp :Immersion Corporation and Lenovo enter into licensing agreement for Touchsense® Haptic Technology.  Full Article

More From Around the Web

BRIEF-Immersion to become member of HoloLens Agency Readiness programme

* Immersion selected by Microsoft Corp to become member of HoloLens Agency Readiness programme Source text: http://bit.ly/2mSLmxx Further company coverage: (Gdynia Newsroom:)