|Over a month ago|
Immersion and StrikerVR team on advanced haptic peripherals for VR and gaming » 08:4003/0303/03/21
Immersion and StrikerVR…
Immersion and StrikerVR announced that the two companies will collaborate to bring new and imaginative haptic experiences to StrikerVR's VR and gaming peripherals. The devices in development by StrikerVR will be built on StrikerVR's advanced haptic peripherals and platform, complemented with Immersion's HD haptic and kinesthetic technologies. StrikerVR's newest controller will bring novel peripheral designs to the rapidly growing consumer VR market - creating sensations for players that mimic a wide range of virtual object and letting users experience everything from the power of a floor-shaking speaker; to the crack of a baseball bat; to the pull of a fishing line. The collaboration enables StrikerVR to expand the haptic capabilities in its devices to incorporate the latest force feedback technology launched in the gaming space developed by Immersion.
Immersion signs multi-year license agreement with Woory Industrial » 08:3802/1202/12/21
Immersion announced that…
Immersion announced that it has signed a multi-year license agreement with Woory Industrial. The agreement licenses Immersion's haptic technologies to Woory for automotive touchscreens manufactured by Woory and sold to automotive OEMs. Woory Industrial is an automotive component suppliers in Korea.
Immersion sees Q4 EPS 27c-29c, consensus 19c » 08:2002/0402/04/21
Sees Q4 revenue…
Sees Q4 revenue $10.5M-$11M, consensus $9.75M. Jared Smith, Immersion's Interim Chief Executive Officer commented, "We finished the year with strong momentum in our business, delivering sequential growth while continuing to innovate. I'm excited to capitalize on this momentum and on our recent achievements, including the recent success of the DualSense controller for the PlayStation 5 and our contribution to its haptic capabilities. I look forward to providing a more comprehensive update in our upcoming earnings call."
Immersion files $250M mixed securities shelf 16:2902/0302/03/21
Immersion and Faurecia Partner for haptic automotive technologies » 08:3602/0302/03/21
Faurecia, one of the…
Faurecia, one of the world's leading automotive technology companies and Immersion announced a multi-year license agreement, providing Faurecia with access to Immersion's haptic technologies and solutions. The agreement enables Faurecia to develop advanced, interactive haptic user interfaces with the latest innovations from Immersion. "Cars in the near future will be built with smart technology, which allows intuitive touch based interactions. This agreement with Immersion expands our technology ecosystem and illustrates our forward-thinking approach to meeting the technology needs of occupants for a connected and personalized experience," declared Edouard Da Silva, Display Global Product Line Director at Faurecia Clarion Electronics. "Haptics brings new capabilities to automotive HMIs. It enables tactile surfaces to readily respond to users and creates new opportunities for OEMs to re-imagine the user experience," said Jared Smith, Interim CEO at Immersion. "We're excited to work with Faurecia to go beyond the traditional approach to automotive HMI systems and explore new ways that we can help the driver safely interact with the car."
Immersion call volume above normal and directionally bullish » 12:4501/1501/15/21
Bullish option flow…
Bullish option flow detected in Immersion with 15,475 calls trading, 5x expected, and implied vol increasing over 29 points to 116.38%. Feb-21 15 calls and Feb-21 12.5 calls are the most active options, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 0.03. Earnings are expected on March 4th.
|Over a quarter ago|
Fly Intel: Wall Street's top stories for Tuesday » 16:2812/2912/29/20
INTC, ARCT, BA, AAL, IMMR, SNE, CSTE, SEER, ATNM
A positive open on Wall…
Fly Intel: Wall Street's top stories at midday » 12:5312/2912/29/20
INTC, ARCT, BA, AAL, IMMR, SNE, CSTE, SEER, ATNM
Stock futures were higher…
Colliers ups Immersion target to $15 on PS5 'breakthrough' technology » 09:3212/2912/29/20
Colliers analyst Charles…
Colliers analyst Charles Anderson raised the firm's price target on Immersion to $15 from $13 and reiterates a Buy rating on the shares. The analyst says Sony's (SNE) PlayStation 5 is a "breakthrough" for Immersion' haptics technology. The company is positioned to benefit from increased penetration of haptics technology across multiple end markets for "years to come with an efficient and predictable operating model finally," Anderson tells investors in a research note. The analyst has used the DualSense controller with PlayStation 5 for nearly a month and believes it represents a "true breakthrough for haptics technology." Haptics has never been deployed this well on a mass market product, says Anderson.
Unusually active option classes on open December 21st » 09:4012/2112/21/20
IMMR, SAN, TTCF, UVXY, USO, TDOC, VXX, BAC, CSCO
Unusual total active…
Unusual total active option classes on open include: Immersion (IMMR), Invesco NASDAQ Next Gen 100 ETF (QQQJ), Banco Santander (SAN), Tattooed Chef (TTCF), ProShares Ultra VIX Short Term Futures (UVXY), United States Oil Fund (USO), Teladoc (TDOC), VIX ShortTerm Futures ETN (VXX), Bank of America (BAC), and Cisco (CSCO).