Force feedback company Immersion has posted higher revenues and lower net losses for its fiscal year and fourth quarter.
For the quarter ended December 31, the company posted revenues of $8.6 million compared to $6.9 million for the comparable quarter a year ago. Net loss for the quarter was $2 million, an improvement over the $3 million loss a year prior.
Annual revenues were $27.9 million in 2006, up from $24.3 million in 2005. Net loss was $10.4 million for the year compared to $13.1 million a year ago.