Immersion Corporation, together with its subsidiaries, creates, designs, develops, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It also provides software development kits (SDKs) comprising tools, integration software, and effect libraries that allow for the design, encoding, and playback of tactile effects in content. In addition, the company offers reference designs and SDKs; and licenses its patents to implement the licensed software to customers. Further, the company offers engineering and integration services, design kits for actuators, mounting suggestions, controller boards, software libraries, programming examples, and documentation. The company offers its products to mobile communications, wearables, and consumer electronics; console and PC gaming; automotive; and medical markets. Immersion Corporation was incorporated in 1993 and is based in San Francisco, California.
IPO Year: 1999
Exchange: NASDAQ
Website: immersion.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2023 | $11.00 | Buy | BWS Financial |
| 11/4/2021 | Buy → Neutral | Colliers Securities |
BWS Financial initiated coverage of Immersion with a rating of Buy and set a new price target of $11.00
Colliers Securities downgraded Immersion from Buy to Neutral
Colliers Securities resumed coverage of Immersion with a rating of Buy and set a new price target of $15.00
GAAP Net Income (Loss) Attributable to Immersion Stockholders of $15.5 million or $0.47 per diluted share Non-GAAP Net Income (Loss) Attributable to Immersion Stockholders of $20.8 million or $0.63 per diluted share Immersion Corporation ("Immersion", the "Company", "we", "us" or "our") (NASDAQ:IMMR), a leading provider of technologies for haptics, today reported financial results for the third quarter of its fiscal year ending April 30, 2025 ("fiscal 2025"). Third Quarter of Fiscal 2025 Consolidated Financial Summary1: Total revenues of $474.8 million in the three months ended January 31, 2025, compared to $9.5 million in the three months ended September 30, 2023. GAAP Net income (l
GAAP Net Income Attributable to Immersion stockholders of $27.2 million or $0.83 per diluted share Non-GAAP Net Income Attributable to Immersion stockholders of $40.2 million or $1.22 per diluted share Immersion Corporation ("Immersion", the "Company", "we", "us" or "our") (NASDAQ:IMMR), a leading provider of technologies for haptics, today reported financial results for the second quarter of its fiscal year ending April 30, 2025, ("fiscal 2025"). Second Quarter of Fiscal 2025 Consolidated Financial Summary1: • Total revenues of $616.2 million in the three months ended October 31, 2024, compared to $7.0 million in the three months ended June 30, 2023. • GAAP net
GAAP Net Income Attributable to Immersion stockholders of $28.9 million or $0.89 per diluted share Non-GAAP Net Income Attributable to Immersion stockholders of $37.0 million or $1.14 per diluted share Immersion Corporation ("Immersion", the "Company", "we", "us" or "our") (NASDAQ:IMMR), a leading provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2024. Second Quarter Consolidated Financial Summary1: • Total revenues of $99.4 million in the second quarter of 2024, compared to $7.0 million in the second quarter of 2023. • GAAP net income attributable to Immersion Corporation stockholders was $28.9 million,
GAAP Net Income of $18.7 million or $0.59 per diluted share Non-GAAP Net Income of $19.8 million or $0.63 per diluted share Increased Total Cash and Short-term Investments By $18.7 Million Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the first quarter ended March 31, 2024. First Quarter Financial Summary1: Total revenues of $43.8 million, compared to $7.1 million in the first quarter of 2023. GAAP net income was $18.7 million, or $0.59 per diluted share, compared to GAAP net income of $8.3 million, or $0.25 per diluted share, in the first quarter of 2023. GAAP operating expenses of $2
Fourth Quarter GAAP Net Income of $16.0 million or $0.49 per diluted share Fourth Quarter Non-GAAP Net Income of $16.9 million or $0.52 per diluted share Repurchased 1% of shares outstanding 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:1 Total 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
GAAP Net Income of $2.7 million or $0.08 per diluted share Non-GAAP Net Income of $4.0 million or $0.12 per diluted share Repurchased 1.5% of shares outstanding Increased quarterly dividend by 50 percent Announces filing of Second Patent Lawsuit Against Meta Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the third quarter ended September 30, 2023. Third Quarter Financial Summary: Total revenues of $9.5 million, compared to $14.0 million in the third quarter of 2022. Royalty and license revenues were $9.5 million, compared to $13.9 million in the third quarter of 2022. GAAP net income was $2.7
GAAP Net Income of $7.0 million or $0.21 per diluted share Non-GAAP Net Income of $9.1 million or $0.28 per diluted share Repurchased 1.3% of shares outstanding Declares Fourth Consecutive Quarterly Dividend Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2023. Second Quarter Financial Summary: Total revenues of $7.0 million, compared to $8.0 million in the second quarter of 2022. Royalty and license revenues were $6.9 million, compared to $7.9 million in the second quarter of 2022. GAAP net income was $7.0 million, or $0.21 per diluted share, compared to GAAP
GAAP Net Income of $8.3 million or $0.25 per diluted share Non-GAAP Net Income of $11.0 million or $0.33 per diluted share Declares Third Consecutive Quarterly Dividend Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the first quarter ended March 31, 2023. First Quarter Financial Summary: Total revenues of $7.1 million, compared to $7.3 million in the first quarter of 2022. Royalty and license revenues were $7.0 million, compared to $7.2 million in the first quarter of 2022. GAAP net income was $8.3 million, or $0.25 per diluted share, compared to GAAP net income of $5.1 million, or $0.15
Board Comments on Engagement with Immersion Turtle Beach Corporation (NASDAQ:HEAR, the "Company"))), a leading gaming headset and audio accessory brand, today announced that its Board of Directors (the "Board") has unanimously taken a series of actions consistent with its commitment to acting in the best interest of its shareholders and ensuring best-in-class governance practices. These actions are aligned with shareholder feedback and include: Implementation of a CEO succession plan, effective June 30, 2023; Election of a new independent Chairman and separation of CEO and Chairman roles going forward; Decision by two long tenured directors, Mr. Stark and Mr. Keitel, to not stand
GAAP Net Income of $19.7 million or $0.60 per diluted share Non-GAAP Net Income of $14.8 million or $0.45 per diluted share Declares Quarterly Dividend Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter ended December 31, 2022. Fourth Quarter Financial Summary: Total revenues of $9.2 million, compared to $9.7 million in the fourth quarter of 2021. Royalty and license revenues were $9.1 million, compared to $9.7 million in the fourth quarter of 2021. GAAP net income was $19.7 million, or $0.60 per diluted share, compared to GAAP net income of $1.3 million, or $0.04 per diluted shar