Edition:
United States

Immersion Corp (IMMR.OQ)

IMMR.OQ on NASDAQ Stock Exchange Global Select Market

8.44USD
24 May 2017
Change (% chg)

-- (--)
Prev Close
$8.44
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
84,327
52-wk High
$11.92
52-wk Low
$5.95

Latest Key Developments (Source: Significant Developments)

Immersion has signed a license agreement with Onkyo Corp
Monday, 15 May 2017 08:30am EDT 

May 15 (Reuters) - Immersion Corp :Has signed a license agreement with Onkyo Corp.Agreement enables Onkyo to use Immersion TouchSense premium and TouchSense Lite technologies in its smartphones.  Full Article

Raging Capital Management reports 9.8 pct stake in Immersion Corp - SEC filing
Friday, 12 May 2017 01:53pm EDT 

May 12 (Reuters) - Raging Capital Management LLC::Raging Capital Management LLC reports 9.8 percent stake in Immersion Corporation as of May 12, 2017 - SEC filing.  Full Article

Immersion Corp reports Q1 loss per share $0.44
Thursday, 4 May 2017 04:15pm EDT 

May 4 (Reuters) - Immersion Corp :Immersion Corporation reports first quarter 2017 results.Q1 loss per share $0.44.Q1 revenue $9.2 million versus I/B/E/S view $11.1 million.Q1 non-GAAP loss per share $0.30.Immersion Corp - "are maintaining our 2017 revenue outlook of $38 million to $42 million, with non-GAAP net loss between $23 million and $32 million".Sees FY 2017 revenue $38 million to $42 million.Q1 earnings per share view $-0.26 -- Thomson Reuters I/B/E/S.  Full Article

Immersion signs multi-year license renewal with ALPS
Tuesday, 25 Apr 2017 08:30am EDT 

April 25 (Reuters) - Immersion Corp ::Immersion signs multi-year license renewal with ALPS.Has renewed a multi-year license agreement with ALPS electric Co Ltd.  Full Article

Immersion renews license agreement with Meizu
Monday, 10 Apr 2017 08:30am EDT 

Immersion Corp - : Immersion renews license agreement with Meizu .Agreement enables Meizu to use Immersion touchsense® premium technology.  Full Article

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

More From Around the Web

BRIEF-Immersion has signed a license agreement with Onkyo Corp

* Agreement enables Onkyo to use Immersion TouchSense premium and TouchSense Lite technologies in its smartphones Source text for Eikon: Further company coverage: