Immersion Reports Third Quarter Financials, Provides Update on New Strategic Initiative

November 7, 2019

Last quarter, Immersion Corporation’s CEO Ramzi Haidamus told investors that with the company’s last outstanding lawsuit settled, Immersion—which he said has been mired in constant patent litigation for the past 17 years—could now focus on a strategic initiative to drive long-term value for its shareholders. On November 6, Immersion released its third-quarter financials and provided investors with a broad overview of its plan for moving forward now that it has “transitioned out of cash burn mode”.

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