earnings
confidence high
sentiment positive
materiality 0.65
Immersion Q1 GAAP net income $8.3M ($0.25/diluted); declares $0.03 quarterly dividend
IMMERSION CORP
2023-Q1 EPS reported
$0.25
revenue$7,074,000
- GAAP net income $8.3M ($0.25 diluted EPS), up from $5.1M ($0.15) in Q1 2022.
- Non-GAAP net income $11.0M ($0.33 diluted EPS).
- Total revenues $7.1M, down 3% YoY; royalty/license rev $7.0M.
- GAAP operating expenses $3.8M (+3% YoY); non-GAAP op ex $2.6M (+6%).
- Declares $0.03 quarterly dividend, payable July 28, 2023 to holders of record July 13.