secwatch.observer — SEC 8-K summary
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Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001213900-24-040909
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion Q1 revenue $43.8M; GAAP EPS $0.59, non-GAAP EPS $0.63
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- Total revenues $43.8M vs $7.1M in Q1 2023, a 517% increase.
- GAAP net income $18.7M ($0.59 diluted) vs $8.3M ($0.25) a year ago.
- Non-GAAP net income $19.8M ($0.63 diluted) vs $9.5M ($0.29).
- Cash and short-term investments grew $18.7M to $179.1M.
- Declared Q2 dividend of $0.045/share, payable July 26 to holders of record July 8.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000121390024040909/0001213900-24-040909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000121390024040909/immr-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-040909

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