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Stock impact report

Immersion (IMMR) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]

Immersion Corporation (IMMR) 
Last immersion corporation earnings: 3/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.immersion.com/investor-relations
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 0.56%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.59%. The touch-based technology company's shares have seen a decrease of 1.6% over the last month, not keeping up with the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 1.2%. Investors will be eagerly watching for the performance of Immersion in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.19, reflecting a 57.78% decrease from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $9.25 million, indicating a 0.98% increase compared to the same quarter of the previous year. It is also important to note the recent changes to analyst estimates for Immersion. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism Show less Read more
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