---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065917"
form_type: "8-K"
ticker: "IMMR"
cik: "0001058811"
company_name: "IMMERSION CORP"
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T13:49:26.708274+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Immersion Q2 GAAP net income $7.0M ($0.21 EPS), revenue $7.0M down 12.5% YoY

## Summary
- Total revenues $7.0M vs $8.0M in Q2 2022; royalty & license revenues $6.9M down 12.7%.
- GAAP net income $7.0M ($0.21 diluted EPS) vs net loss of $1.8M ($0.05 loss) a year ago.
- Non-GAAP net income $9.1M ($0.28 diluted EPS); non-GAAP OpEx $2.5M vs $2.9M.
- Board declared $0.03/share dividend, payable Oct 27 to holders of record Oct 16.
- Stock repurchase program extended to Dec 29, 2024; $46.8M remains available; 1.3% shares repurchased in Q2.

## SEC filing metadata
- accession: 0001213900-23-065917
- form_type: 8-K
- ticker: IMMR
- cik: 0001058811
- company_name: IMMERSION CORP
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058811/000121390023065917/0001213900-23-065917-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058811/000121390023065917/immr-20230811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065917
- JSON: https://secwatch.observer/filing/0001213900-23-065917.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065917.txt

## Key facts
- Earnings Releases
  IMMERSION CORP reported Second quarter ended June 30, 2023 results: revenue $7.0 million, net income $7.0 million, EPS $0.21 per diluted share.
  - Period: Second quarter ended June 30, 2023
  - Revenue: $7.0 million
  - Net income: $7.0 million
  - EPS: $0.21 per diluted share
  - Result: reported results
  source text: Immersion Corporation Reports Second Quarter 2023 Results 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 AVENTURA FL, August 11, 2023 – 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 net loss of $ 1.8 million, or $ 0.05 per diluted share, in the second quarter of 2022 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058811/000121390023065917/0001213900-23-065917-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
