Immersion Q1 FY2027 swings to GAAP profit, revenue $294.4M, dividend declared

IMMERSION CORP

Total revenues $294.4M vs $292.0M YoY.
GAAP net income $4.9M ($0.17/diluted) vs loss $0.9M (-$0.03).
Non-GAAP net income $16.6M ($0.50/diluted) vs $16.9M ($0.52).
Quarterly dividend $0.075/share payable Oct 30, record Oct 16; 16th consecutive.
Results consolidate Barnes & Noble Education; IMMR stake reduced to 32.3%.

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