Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
12 November 1999Website:
http://www.immersion.comNext earnings report:
13 November 2024Last dividends:
04 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:52:28 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
IMMR Latest News
In the latest trading session, Immersion (IMMR) closed at $8.80, marking a -0.34% move from the previous day.
Logitech, Mercury, Immersion and TransAct have been highlighted in this Industry Outlook article.
In the most recent trading session, Immersion (IMMR) closed at $8.89, indicating a +1.25% shift from the previous trading day.
IMMR's attractive valuation and the recent dip in its share price offer a buying opportunity.
Cost- and Space-Saving Devices Deliver High Force Up to 120 N with Low Voltage Operation, 12 V Nominal (8 V to 16 V), for HD Haptic Effects in Automotive and Commercial Applications Cost- and Space-Saving Devices Deliver High Force Up to 120 N with Low Voltage Operation, 12 V Nominal (8 V to 16 V), for HD Haptic Effects in Automotive and Commercial Applications
Immersion Corp. NASDAQ: IMMR is a leading developer of haptic technology. The company was a pioneer in developing haptic technology, which is the touch feedback you receive from digital devices.
The recent dip in the Immersion (IMMR) stock could be a golden opportunity for investors, given its robust fundamentals and promising growth trajectory.
After the close of Tuesday's regular session, Immersion Corporation reported strong Q2/2024 results as licensing operations benefited from the recognition of some large settlement and renewal deals. In addition, the recent acquisition of a controlling stake in Barnes & Noble Education has turned out to be a major winner. However, the required consolidation of Barnes & Noble Education's highly seasonal operations will make it more difficult for investors to assess the performance of Immersion's core licensing business.
Immersion (IMMR) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.21 per share a year ago.
AVENTURA, Fla.--(BUSINESS WIRE)--Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a leading provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2024. Second Quarter Consolidated Financial Summary1: • Total revenues of $99.4 million in the second quarter of 2024, compared to $7.0 million in the second quarter of 2023. • GAAP net income attributable to Immersion Corporation stockholders was $28.9 milli.
What type of business is Immersion?
Immersion Corporation, together with its subsidiaries, engages in the creation, design, development, and licensing of haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and combined licenses. It serves markets, including mobility, gaming, automotive, virtual and augmented reality, and wearables, as well as residential, commercial, and industrial Internet of Things. The company was incorporated in 1993 and is headquartered in Aventura, Florida.
What sector is Immersion in?
Immersion is in the Technology sector
What industry is Immersion in?
Immersion is in the Software Application industry
What country is Immersion from?
Immersion is headquartered in United States
When did Immersion go public?
Immersion initial public offering (IPO) was on 12 November 1999
What is Immersion website?
https://www.immersion.com
Is Immersion in the S&P 500?
No, Immersion is not included in the S&P 500 index
Is Immersion in the NASDAQ 100?
No, Immersion is not included in the NASDAQ 100 index
Is Immersion in the Dow Jones?
No, Immersion is not included in the Dow Jones index
When was Immersion the previous earnings report?
No data
When does Immersion earnings report?
The next expected earnings date for Immersion is 13 November 2024