Immersion Q2 FY2025: GAAP EPS $0.83, Non-GAAP EPS $1.22; declares $0.245 special dividend

IMMERSION CORP

2025-Q2 EPS reported $1.65 revenue$799,738,000

GAAP net income $27.2M ($0.83 diluted EPS), Non-GAAP $40.2M ($1.22) for Q2 FY2025 ended Oct 31, 2024.
Total revenues $616.2M, driven by consolidation of Barnes & Noble Education (42% stake acquired June 2024).
Special cash dividend of $0.245 per share declared, payable Jan 24, 2025 to holders of record Jan 10, 2025.
Company changed fiscal year end from Dec 31 to Apr 30; Q2 results compared to June 30, 2023 quarter.
GAAP operating expenses $86.3M vs $3.9M in prior-year quarter; Non-GAAP $73.2M.

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