secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001213900-23-065917
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000121390023065917/0001213900-23-065917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000121390023065917/immr-20230811.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-065917

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