Immersion Corporation: Will Its Haptic Technology Become Part Of Most Smartphones?

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>>Last week Immersion Corporation (IMMR) reported Q4 2011 and full year results.

A quick look at some of the highlights:

• Revenue was $7.7 million, a 20% increase compared with $6.4 million in Q4 2010, and higher than consensus ($ 7.09 million);
• Royalty and license revenue totaled $6.8 million in Q4 2011, an increase of 26% as compared with $5.4 million for the same period of the previous year;
• Net loss for Q4 2011 was $(270,000), or $(0.01) per share, slightly better than consensus of $(0.02);