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Immersion Corp - $IMMR STOCK NEWS

Welcome to our dedicated page for Immersion news (Ticker: $IMMR), a resource for investors and traders seeking the latest updates and insights on Immersion stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Immersion's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Immersion's position in the market.

Rhea-AI Summary
Barnes & Noble Education (BNED) announces milestone transactions to strengthen balance sheet and advance services. The company will receive $95 million in new capital, eliminate $34 million of debt, and secure a commitment to refinance a loan facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-64.29%
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Rhea-AI Summary
Immersion Corporation (IMMR) reported fourth-quarter GAAP net income of $16.0 million or $0.49 per diluted share and non-GAAP net income of $16.9 million or $0.52 per diluted share. The company repurchased 1% of shares outstanding. Total revenues for the fourth quarter were $10.4 million, with royalty and license revenues at $10.4 million. For the full year 2023, revenues were $33.9 million, with net income of $34.0 million. Cash, cash equivalents, and short-term investments increased to $160.4 million. Immersion returned $15.7 million to shareholders through buybacks and dividends in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.52%
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Rhea-AI Summary
Immersion Corporation (IMMR) renews license with Nintendo Co., Ltd. for haptic technologies. Eric Singer, President and CEO, expresses delight in the continued partnership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
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Rhea-AI Summary
Immersion Corporation (IMMR) signs a license agreement with Meta Platforms, Inc. to provide haptic technology patents for VR and gaming products. The agreement aims to enhance touch feedback in gaming peripherals, making VR experiences more immersive.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.67%
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Rhea-AI Summary
Immersion Corporation (NASDAQ: IMMR) reported GAAP net income of $2.7 million or $0.08 per diluted share and non-GAAP net income of $4.0 million or $0.12 per diluted share. They also repurchased 1.5% of shares outstanding and increased quarterly dividend by 50 percent. The company filed a second patent lawsuit against Meta and reported total revenues of $9.5 million for the third quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.41%
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Rhea-AI Summary
Immersion Corporation has signed a multi-year license with Razer to make its patents available for Razer's gaming computer peripherals, laptop computers, and AR/VR products. Immersion will report its financial results for Q3 2023 on November 13, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.66%
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Rhea-AI Sentiment
End-of-Day
-0.84%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
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Rhea-AI Summary
Turtle Beach Corporation's Board of Directors has taken several actions in response to shareholder feedback, including implementing a CEO succession plan and separating the roles of CEO and Chairman. Juergen Stark, the current CEO and Chairman, will step down from both roles by June 30, 2023. The Board has launched a search for a permanent CEO. The Board has also elected Terry Jimenez as the new non-executive Chairman of the Board. In addition, the Board has reorganized its committees, including the committee chairs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
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Immersion Corp

NYSE:IMMR

IMMR Rankings

IMMR Stock Data

228.88M
29.29M
6.53%
65.99%
3.54%
Computer Storage Device Manufacturing
Manufacturing
Link
United States of America
AVENTURA

About IMMR

immersion (nasdaq: immr) is the world leading innovator of touch feedback technology, also known as haptics. the company provides haptic technology to create immersive and realistic experiences that enhance digital interactions on mobile devices. immersion's technologies have been adopted in more than 3 billion digital devices that, along with mobile, include automotive, gaming, medical and consumer electronics. headquartered in san jose, california, the company’s offices worldwide provide services/support, licensing options and software to help industry-leading electronics companies create high-quality haptic experiences. immersion is enabling people to touch, feel and engage with the digital world, making it much more personal, vivid, and meaningful. learn more at www.immersion.com.