Tuesday, August 7, 2012

Immersion Disappoints, Hints At Potential Settlements For Basic Haptics

Read the whole article at Seeking Alpha

>>Last week on Thursday evening, Immersion Corporation (IMMR) delivered disappointing Q2 2012 results, below consensus and management's expectation as far as revenues. The company widened its guidance for 2012, to incorporate both the possibility of a result inferior to previous expectations, as well as potential upside from Basic Haptics royalty agreements/settlements before year's end.

First, a quick look at some of the highlights from Q2 2012 earnings:

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