Immersion Corporation: This Company Delivered 3 Years' Worth Of Revenue In One Quarter [Seeking Alpha]
Immersion Corporation (IMMR)
Last immersion corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
ir.immersion.com/investor-relations
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Source: Seeking Alpha
Summary Removing Barnes & Noble's P&L contribution, Immersion's haptic business generated $52m in Q2 after winning license agreements from OEMs. With no R&D spending and only 14 employees, Immersion is more focused on maximising its existing patent portfolio in the niche haptic technology market. Sales driven by Immersion's haptic licensing deals could grow due to VR adoption, especially from Meta, in the years ahead. Overall, due to the limited communication from management and lack of investor marketing, it's hard to judge the company and its valuation, hence the "hold" recommendation. Girts Ragelis Background Immersion Corporation ( NASDAQ: IMMR ) is a small cap valued at $280m that sells licenses for its haptic technology. Haptic technology is embedded in a variety of electronic devices, mostly gaming-based devices such as Sony PlayStation PS5 controllers and Nintendo Switches. Haptic feedback is This article was written by George Theodosi Follower s Follow
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IMMR
News
- Immersion Co. (NASDAQ: IMMR) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $13.50 price target on the stock.MarketBeat
- Immersion (IMMR) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Immersion Corporation Reports Second Quarter of Fiscal 2025 Results [Yahoo! Finance]Yahoo! Finance
- Immersion Corporation Reports Second Quarter of Fiscal 2025 ResultsBusiness Wire
- Immersion (IMMR) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
IMMR
Earnings
- 12/16/24 - Beat
IMMR
Sec Filings
- 12/16/24 - Form 10-Q
- 12/16/24 - Form 8-K
- 11/25/24 - Form 8-K/A
- IMMR's page on the SEC website