Immersion, based in Aventura, Florida, develops and licenses patented haptic technology and software, employing 14 staff. The company targets diverse applications including mobile devices, gaming, and virtual reality.
Immersion (IMMR) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Immersion's actual EPS was $0.63, beating the estimate of $0.53 per share, resulting in a 18.78% surprise.
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