Immersion (NASDAQ:IMMR) reported its Q3 earnings results on Monday, November 13, 2023 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Immersion missed estimated earnings by 63.64%, reporting an EPS of $0.12 versus an estimate of $0.33.
Revenue was down $4.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 2.66% increase in the share price the next day.
Here’s a look at Immersion’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.14 | 0.14 | 0.16 |
| EPS Actual | 0.28 | 0.33 | 0.45 | 0.28 |
| Revenue Estimate | 7.76M | 7.82M | 8.00M | 8.50M |
| Revenue Actual | 6.98M | 7.07M | 9.16M | 14.01M |
To track all earnings releases for Immersion visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
