Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the first quarter ended March 31, 2015. Total revenues for the first quarter of 2015 were $16.3 million, an increase of 6% compared to $15.4 million for the first quarter of 2014. Royalty and license revenues of $16.0 million for the first quarter of 2015 were up 6% from the same period last year. Net loss for the first quarter of 2015 was $(59,000), or $0.00 per share. This compares to net income of $1.9 million, or $0.06 per diluted share, for the first quarter of 2014. Non-GAAP net income for the first quarter of 2015 was $1.7 million, or $0.06 per...
↧