Immersion Corp., based in Aventura, Florida with 20 employees, specializes in developing and licensing haptic technology for the mobility, gaming, and automotive industries. The company collaborates with major firms like ALPS Alpine and Continental, offering patent licenses and technological solutions across multiple platforms including mobile and consumer electronics.
Immersion (IMMR) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Immersion's actual EPS was $0.89, beating the estimate of $0.34 per share, resulting in a 158.95% surprise.
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