earnings
confidence medium
sentiment negative
materiality 0.60
Immersion Q2 revenue down 27% to $8.0M; bylaws amended for shareholder nominations
IMMERSION CORP
2022-Q2 EPS reported
$0.10
revenue$15,291,000
- Q2 2022 total revenues $8.0M, down 27% from $11.0M in Q2 2021.
- Royalty and license revenues $7.9M vs $10.9M in Q2 2021.
- GAAP operating expenses $3.9M (-25% YoY); Non-GAAP operating expenses $2.9M (-23% YoY).
- Bylaws amended: tightened nomination deadlines, added disqualification criteria, required white proxy card.