secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001213900-24-020789
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion Q4 GAAP net income $16.0M ($0.49/diluted); declares $0.045 quarterly dividend
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- Q4 revenue $10.4M (royalty & license $10.4M) vs $9.2M YoY; FY revenue $33.9M vs $38.5M.
- Q4 GAAP net income $16.0M ($0.49 diluted) vs $19.7M ($0.60) YoY; Non-GAAP net income $16.9M ($0.52).
- FY 2023 GAAP net income $34.0M ($1.04 diluted) vs $30.7M ($0.92); Non-GAAP net income $38.5M ($1.18).
- Cash & short-term investments $160.4M at Dec 31, 2023; repurchased 319,017 shares in Q4 (1% of outstanding).
- Quarterly dividend $0.045 per share, payable April 19, 2024 to shareholders of record April 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000121390024020789/0001213900-24-020789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000121390024020789/immr-20240307.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-020789

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