>>Last week, Immersion Corporation (IMMR) reported Q3 2011 earnings.
Total revenues for Q3 2011 were $6.5 million, unchanged from Q3 2010, and less than the consensus estimate of $7.52 million. Net loss for the quarter was $(1.4) million, or $(0.05) per share, less than analysts' expectations of a ($0.02) loss. The company also lowered yearly guidance, and now expects 2011 revenues to be in the range of $29.5 to $30.5 million, with a net loss of $(1.0) to $(2.0) million.
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