Immersion SA (FR:ALIMR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Immersion SA has reported a 7% increase in sales for the fiscal year 2023/2024, reaching €7.04 million, with a notable improvement in gross margin to 45%. The company strengthened its financial structure and launched the innovative Studiiio product, integrating hybrid video conferencing with virtual and augmented reality. Additionally, Immersion has been selected for several research projects aimed at advancing immersive technologies and artificial intelligence in various sectors.
For further insights into FR:ALIMR stock, check out TipRanks’ Stock Analysis page.