Immersion Corporation Reports Fourth Quarter and Full Year 2023 Results
Immersion Corporation (IMMR)
Last immersion corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
ir.immersion.com/investor-relations
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Source: Business Wire
Fourth Quarter GAAP Net Income of $16.0 million or $0.49 per diluted shareFourth Quarter Non-GAAP Net Income of $16.9 million or $0.52 per diluted shareRepurchased 1% of shares outstanding AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter and full year ended December 31, 2023.Fourth Quarter Financial Summary:1Total revenues of $10.4 million, compared to $9.2 million in the fourth quarter of 2022. Royalty and license revenues were $10.4 million, compared to $9.1 million in the fourth quarter of 2022.GAAP net income was $16.0 million, or $0.49 per diluted share, compared to GAAP net income of $19.7 million, or $0.60 per diluted share, in the fourth quarter of 2022.GAAP operating expenses of $5.3 million in the fourth quarter of 2023, compared to GAAP operating expenses of $3.4 million in the fourth quarter of 2022. Non-GAAP operating expenses of $
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News
- Immersion (IMMR) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Immersion Co. (NASDAQ: IMMR) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $11.00 price target on the stock.MarketBeat
- Immersion Corporation: Undervalued On Paper, Despite Lack Of Growth [Seeking Alpha]Seeking Alpha
- Immersion (IMMR) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Why Immersion (IMMR) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
IMMR
Earnings
- 3/7/24 - Beat
IMMR
Sec Filings
- 4/16/24 - Form 8-K
- 4/4/24 - Form ARS
- 4/4/24 - Form DEF
- IMMR's page on the SEC website