Immersion Q1 2014 revenues up 11%

Immersion Corp. (NASDAQ: IMMR) said it has reported revenues for the first quarter of 2014 were USD15.4m, an increase of 11 percent compared to USD13.9m for the first quarter of 2013.

Royalty and license revenues of USD15.2m for the first quarter of 2014 were up 11 percent from the same period last year. Net income for the first quarter of 2014 was USD1.9m, or USD0.06 per diluted share. This compares to net income of USD1.7m, or USD0.06 per diluted share, for the first quarter of 2013.

Founded in 1993, Immersion is the leading innovator in haptic technology; the company´s touch feedback solutions deliver a more compelling sense of the digital world. Its website is at immersion.com.

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