Immersion Corp: Quarterly report
Immersion reported total quarterly revenues of $294,399 thousand and narrowed its consolidated net loss to $(4,555) thousand.
Mixed for the companyWhat the numbers say
Revenue rose 0.8% to $294.4M versus the same quarter last year (9% up on the previous quarter); operating margin widened from -9.0% to -6.8%; diluted EPS $0.17 versus -$0.03; cash rose by $36.5M to $174.8M; diluted share count up 2.1% (dilution).
What happened
- Consolidated net loss decreased by (67%) from $(13,716) thousand to $(4,555) thousand.
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