Immersion Q3 revenue $14.0M (up 94% YoY); declares $0.03 dividend, repurchased 7% of shares YTD

IMMERSION CORP

2022-Q3 EPS reported $0.32 revenue$29,297,000

Total revenues $14.0M, up 94% YoY from $7.2M; royalty and license revenue $13.9M vs $7.1M.
GAAP operating expenses $3.1M (-12% YoY); non-GAAP op. expenses $2.3M (-18% YoY).
Board declared $0.03 per share quarterly dividend, payable Jan 30, 2023 to holders of record Jan 15, 2023.
Repurchased approximately 7% of shares outstanding year to date.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

IMMERSION CORP reported third quarter ended September 30, 2022 results: revenue $14.0 million.

Period: third quarter ended September 30, 2022
Revenue: $14.0 million
Result: reported results

Exact text from the filing

provider of technologies for haptics, today reported financial results for the third quarter ended September 30, 2022. Third Quarter Financial Summary: • Total revenues of $14.0 million, compared to $7.2 million in the third quarter of 2021. Royalty and license revenues were $13.9 million, compared to $7.1 million in the third quarter of 2021. • GAAP

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20 earnings releases filed in the last 30 days. Browse all earnings releases →

IMMERSION CORP filing history →

Source: SEC EDGAR

accession 0001628280-22-029635

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