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Stock impact report

Immersion Corporation Reports Results for Third Quarter and Nine Months Ended September 30, 2018

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: Business Wire
Q3 revenues of $8.6 million and Year to Date revenues of $100 million Nine months operating expenses down 41% over same period last year Strong cash, cash equivalents, and short-term investment position of $131 million Interim CEO Tom Lacey highlights substantive and exciting opportunities ahead SAN JOSE, Calif.--(BUSINESS WIRE)-- Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the third quarter and nine months ended September 30, 2018. Effective January 1, 2018, the company adopted a new revenue recognition standard (“ASC 606”), which impacted the company’s recognition of revenue from certain of its fixed-fee and per-unit license agreements. The company adopted ASC 606 using the modified retrospective method, which means that the total amo Show less Read more
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