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Immersion's CEO Discusses Q1 2012 Earnings Results - Earnings Call Transcript

Immersion Corporation (IMMR)

Q1 2012 Earnings Call

May 3, 2012 5:00 pm ET

Executives

Jennifer Jarman – Blue Shirt Group

Victor Viegas – Chief Executive Officer, Interim Chief Financial Officer & Director

Paul Norris – Chief Financial Officer

Analyst

Jeff Schreiner – Capstone Investments

Darice Liu – National Securities

Charlie Anderson – Dougherty & Company, LLC

Mark McMahon – Raymond James

Presentation

Operator

Welcome to the Immersion Corporation first quarter 2012 earnings conference call. During today’s presentation all parties will be in a listen only mode. Following the presentation the conference will be opened for questions. (Operator Instructions) This conference is being recorded today, Thursday, May 3, 2012. I would now like to turn the conference over to Jennifer Jarman of the Blue Shirt Group.

Jennifer Jarman

Thank you for joining us today on Immersion’s first quarter 2012 conference call. This call is also being broadcast live over the web and can be accessed from the investor relations' section of the company’s website at www.Immersion.com. With me on today’s call is Vic Viegas, President and CEO.

During this call we may make forward-looking statements which may include projected financial results or operating metrics, business strategies, anticipated future products, anticipated market demand or opportunities, and other forward-looking topics. These statements are subject to risk, uncertainties, and assumptions. Accordingly, actual results could differ materially.

For a listing of the risks that could cause this please see our latest Form 10K filed with the SEC as well as the factors identified in today’s press release. Additionally, please note that during this call we may discuss non-GAAP financial measures. For each non-GAAP financial measure discussed, a presentation of the most directly comparable GAAP financial measure and a reconciliation of the differences between the non-GAAP financial measure discussed and the most directly comparable GAAP financial measure is available in the company’s press release issued today after market close.

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