immersion corporation (IMMR:NASDAQ GS)
immersion corporation (IMMR) Snapshot
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Open
$14.12
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Previous Close
$14.23
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Day High
$14.37
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Day Low
$14.11
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52 Week High
05/22/13 - $14.84
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52 Week Low
10/26/12 - $4.15
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Market Cap
395.3M
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Average Volume 10 Days
396.5K
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EPS TTM
$-0.12
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Shares Outstanding
27.9M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Immersion Corporation develops, manufactures, licenses, and supports a range of hardware and software technologies and products that enhance digital devices with touch interaction. It provides haptic technologies that allow people to use their sense of touch when operating various digital devices. The company licenses its technologies to the original equipment manufacturers (OEMs) or their suppliers to include technologies in products comprising mobile phones, video console gaming systems, consumer electronics, medical simulation and surgical robotic systems, and automotive controls under their own brands. Immersion Corporation offers its technologies under the TouchSense brand. Its product portfolio comprises TouchSense 1000 for the commercial and industrial, and automotive markets; TouchSense 2000 that targets mass consumer electronic devices, such as such as microwaves, cameras, and tablet PCs; and TouchSense 3000, TouchSense 4000, and TouchSense 5000 for mobile communications and consumer electronics markets. The company also provides Integrator that consists of modules comprising UI Module, which streamlines haptic integration; Reverb Module that uses the real-time audio track in digital content; Themes Module, which allows OEMs to waterfall a signature haptic feel through the UI of the device; WebKit Module that extends the theme controls to the device Internet browser experience; and Ringtones Module, which enables support of haptic vibrations to be used during the device silent mode. In addition, it offers engineering and integration services, design kits for prototyping, authoring tools, application programming interfaces, and the development of hardware and software technologies, as well as platform independent solutions. Immersion Corporation sells its products through a direct sales force. It operates in North America, Europe, the Far East, and internationally. The company was founded in 1993 and is headquartered in San Jose, California.
immersion corporation (IMMR) Top Compensated Officers
immersion corporation (IMMR) Key Developments
Immersion Corporation reported consolidated unaudited earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $13.9 million, an increase of 43% compared to $9.7 million for the first quarter of 2012. Net income was $2.3 million or $0.08 per share compared to a net loss of $0.219 million or $0.01 per share for the first quarter of 2012. Adjusted EBITDA was $4.0 million compared to $1.6 million in the first quarter of 2012. Operating income was $2.260 million against $0.324 million a year ago. Income before provision for income taxes was $2.270 million against $0.334 million a year ago. Cash generated from operations during the quarter was $19.7 million. For the year 2013, the company expects revenues to be in the range of $44 million to $48 million, an increase of between 37% and 49% over last year's revenues of $32.2 million. Adjusted EBITDA is anticipated to be in the range of $12 million to $15 million.
Immersion Corporation Presents at 14th Annual B. Riley & Company Investor Conference, May-21-2013 04:30 PM. Venue: Loews Santa Monica Beach Hotel, 1700 Ocean Avenue, Santa Monica, CA 90401, United States. Speakers: Paul F. Norris, Chief Financial Officer and Principal Accounting Officer.
Immersion Corporation Presents at Jefferies 2013 Global Technology, Media and Telecom Conference, May-09-2013 02:00 PM. Venue: The Westin New York, Times Square Hotel, New York, New York, United States. Speakers: Paul F. Norris, Chief Financial Officer and Principal Accounting Officer, Victor Viegas, Chief Executive Officer and Director.
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| IMMR:US | $14.21 USD | -0.02 |  |
| Company | Last | Change | |
| No competitor information is available for IMMR. | |||
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Industry Analysis
IMMR
Industry Average
| Valuation | IMMR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10.7x |
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| Price/Book | 8.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 9.2x |
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Post a JobJobs
- San Francisco, CA | ImmersionPosted: May 23
- Arlington, GA | Immersion ConsultingPosted: May 21
- San Jose, CA | ImmersionPosted: May 07
- Washington, Dc | Immersion ConsultingPosted: May 17
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To contact IMMERSION CORPORATION, please visit www.immersion.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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