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Immersion Corp Raises Low End Of Prior FY 2013 Revenue Guidance To A Range In Line With Analysts' Estimates; Reaffirms FY 2013 EBITDA Guidance


Thursday, 31 Oct 2013 04:15pm EDT 

Immersion Corp announced that for fiscal 2013, it now expects annual revenues to be in the range of $46 million to $48 million, an increase of between 43% and 49% over last year's revenue of $32.2 million and continues to anticipate Adjusted EBITDA to be in the range of $12 million to $15 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $48 million and EBITDA of $13 million for fiscal 2013. 

Company Quote

8.95
0.27 +3.11%
1:47pm EST