Immersion Corporation Reports Record Revenues In First Quarter 2014

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Immersion Corporation (NASDAQ: IMMR), the leading developer and licensor of touch feedback technology, today reported financial results for the first quarter ended March 31, 2014.

Total revenues for the first quarter of 2014 were $15.4 million, an increase of 11% compared to $13.9 million for the first quarter of 2013. Royalty and license revenues of $15.2 million for the first quarter of 2014 were up 11% from the same period last year. Net income for the first quarter of 2014 was $1.9 million, or $0.06 per diluted share.

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