secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001213900-23-037938
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion Q1 GAAP net income $8.3M ($0.25/diluted); declares $0.03 quarterly dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000121390023037938/0001213900-23-037938-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000121390023037938/immr-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-037938

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer