Immersion Q4 GAAP net income $19.7M ($0.60 EPS); declares $0.03 quarterly dividend

IMMERSION CORP

2022-FY EPS reported $0.92 revenue$38,461,000

Q4 total revenues $9.2M vs $9.7M in Q4 2021; royalty and license revenues $9.1M.
GAAP net income $19.7M ($0.60 diluted EPS) vs $1.3M ($0.04) in Q4 2021; non-GAAP net income $14.8M ($0.45).
GAAP operating expenses $3.4M, down 14% YoY; non-GAAP operating expenses $2.6M, down 21%.
Board declared $0.03 per share quarterly dividend, payable April 28, 2023 to holders of record April 13, 2023.

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 0.95

IMMERSION CORP reported fourth quarter ended December 31, 2022 results: net income $14.8 million, EPS $0.45 per diluted share.

Period: fourth quarter ended December 31, 2022
Net income: $14.8 million
EPS: $0.45 per diluted share
Result: reported results

Exact text from the filing

Fourth Quarter Financial Summary: • Total revenues of $9.2 million, compared to $9.7 million in the fourth quarter of 2021. Royalty and license revenues were $9.1 million, compared to $9.7 million in the fourth quarter of 2021. • GAAP net income was $19.7 million, or $0.60 per diluted share, compared to GAAP net income of $1.3 million, or $0.04 per diluted share, in the fourth quarter of 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

IMMERSION CORP reported fourth quarter ended December 31, 2022 results: net income $14.8 million, EPS $0.45 per diluted share.

Period: fourth quarter ended December 31, 2022
Net income: $14.8 million
EPS: $0.45 per diluted share
Result: reported results

Exact text from the filing

Immersion Corporation Reports Fourth Quarter 2022 Results GAAP Net Income of $19.7 million or $0.60 per diluted share Non-GAAP Net Income of $14.8 million or $0.45 per diluted share

View on SEC.gov

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

IMMERSION CORP filing history →

Source: SEC EDGAR

accession 0001628280-23-004444

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.