Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. Its technologies allow people to use their sense of touch when they engage with various digital products. The company offers TouchSense Lite and TouchSense Premium toolkits that enable original equipment manufacturers and their suppliers to add customized haptic technologies to their own branded devices and other products. It also provides TouchSense Software Development Kits, which consist of design tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in mobile content, including games, ads, and video. In addition, the company offers TouchSense Force, which comprises design tools, APIs, reference designs, and firmware for the PC/Console gaming/virtual reality markets. Further, the company licenses its patents to implement the licensed software to customers. Additionally, it provides engineering and integration services, design kits for prototyping, authoring tools, application programming interfaces, and platform independent solutions. The company offers its products to mobile communications, wearables, and consumer electronics; console and PC gaming; automotive; and medical markets. Immersion Corporation was founded in 1993 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryComputer Storage & Peripherals
SectorComputer and Technology
Phone408-467-1900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$35.01 million
Profitability
Miscellaneous
Employees81
OptionableOptionable
Immersion (NASDAQ:IMMR) Frequently Asked Questions
What is Immersion's stock symbol?
Immersion trades on the NASDAQ under the ticker symbol "IMMR."
How were Immersion's earnings last quarter?
Immersion Co. (NASDAQ:IMMR) issued its quarterly earnings data on Thursday, November, 1st. The software maker reported ($0.07) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.02. The software maker earned $8.55 million during the quarter, compared to analysts' expectations of $9.47 million. Immersion had a return on equity of 62.41% and a net margin of 42.23%. The firm's revenue for the quarter was down 27.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.13) earnings per share. View Immersion's Earnings History.
When is Immersion's next earnings date?
What price target have analysts set for IMMR?
3 brokerages have issued 12 month target prices for Immersion's stock. Their forecasts range from $12.25 to $15.00. On average, they expect Immersion's stock price to reach $13.75 in the next year. This suggests a possible upside of 40.3% from the stock's current price. View Analyst Price Targets for Immersion.
What is the consensus analysts' recommendation for Immersion?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Immersion in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Immersion.
Has Immersion been receiving favorable news coverage?
News stories about IMMR stock have been trending very positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Immersion earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are some of Immersion's key competitors?
Some companies that are related to Immersion include Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), AstroNova (ALOT), RADCOM (RDCM), Identiv (INVE), TransAct Technologies (TACT), RadiSys (RSYS), Key Tronic (KTCC), Interlink Electronics (LINK), Top Image Systems (TISA), IGO (IGOI) and Hauppauge Digital (HAUP).
Who are Immersion's key executives?
Immersion's management team includes the folowing people:
- Ms. Nancy Erba, Chief Financial Officer (Age 52)
- Ms. Anne Marie Peters, Gen. Counsel and Sr. VP of IP Licensing & Legal Affairs (Age 48)
- Mr. Thomas A. Lacey, Interim CEO & Director (Age 60)
- Mr. Chris Ullrich, VP of Technology
- Mr. Hossam Bahlool, VP of Marketing
How do I buy shares of Immersion?
Shares of IMMR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Immersion's stock price today?
One share of IMMR stock can currently be purchased for approximately $9.80.
How big of a company is Immersion?
Immersion has a market capitalization of $301.87 million and generates $35.01 million in revenue each year. The software maker earns $-45,290,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. Immersion employs 81 workers across the globe.
What is Immersion's official website?
How can I contact Immersion?
Immersion's mailing address is 50 RIO ROBLES, SAN JOSE CA, 95134. The software maker can be reached via phone at 408-467-1900 or via email at [email protected]
MarketBeat Community Rating for Immersion (NASDAQ IMMR)
MarketBeat's community ratings are surveys of what our community members think about Immersion and other stocks. Vote "Outperform" if you believe IMMR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IMMR will underperform the S&P 500 over the long term. You may vote once every thirty days.
