Immersion (NASDAQ:IMMR) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Immersion (NASDAQ:IMMR) announced its quarterly earnings results on Monday. The software maker reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.11, Zacks reports. The business had revenue of $294.40 million for the quarter, compared to analyst estimates of $3.43 million. Immersion had a net margin of 0.60% and a return on equity of 1.82%.

Immersion Stock Performance

Shares of NASDAQ:IMMR opened at $7.15 on Wednesday. Immersion has a 1 year low of $5.25 and a 1 year high of $8.05. The stock has a market capitalization of $237.31 million, a price-to-earnings ratio of 21.03 and a beta of 1.02. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.30 and a quick ratio of 1.19. The company’s 50 day simple moving average is $7.30 and its 200 day simple moving average is $6.63.

Immersion Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, October 16th. Immersion’s dividend payout ratio (DPR) is 214.29%.

Insiders Place Their Bets

In other Immersion news, insider Toro 18 Holdings Llc sold 105,541 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $4.63, for a total value of $488,654.83. Following the sale, the insider owned 1,101,832 shares of the company’s stock, valued at approximately $5,101,482.16. This trade represents a 8.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 442,815 shares of company stock worth $2,201,304 in the last three months. 10.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Immersion from a “sell” rating to a “hold” rating in a report on Tuesday, July 28th. Weiss Ratings downgraded Immersion from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Finally, BWS Financial reiterated a “buy” rating and set a $13.50 target price on shares of Immersion in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.50.

Key Stories Impacting Immersion

Here are the key news stories impacting Immersion this week:

• Positive Sentiment: Immersion swung to a profit and beat estimates. Fiscal first-quarter 2027 revenue rose to $294.4 million from $292.0 million a year earlier. GAAP net income was $4.9 million, or $0.17 per diluted share, versus a $0.9 million loss in the prior-year quarter. Non-GAAP EPS was $0.50, well above the $0.06 analyst consensus. Operating expenses also declined to $80.4 million from $84.8 million. Immersion Reports $294.4 Million Revenue and $4.9 Million GAAP Net Income
• Positive Sentiment: The company maintained its quarterly dividend. Immersion declared a $0.075-per-share dividend payable October 30 to shareholders of record October 16. The indicated annualized yield is approximately 4.2%, which may appeal to income-focused investors. Immersion Posts Higher Q1 Profit and Maintains Dividend
• Neutral Sentiment: Several headlines concern Bitmine Immersion Technologies (BMNR), not IMMR. Reports about Bitmine’s Ethereum treasury, staking revenue and cryptocurrency-related share movement involve a separate company and should not be treated as operating news for Immersion Corporation. What’s Going On With Bitmine Immersion Stock Tuesday?
• Negative Sentiment: Insider selling may create a modest overhang. Reports indicate that Immersion insiders sold shares recently, including a CFO sale of 4,899 shares worth roughly $32,000 and aggregate reported insider sales of approximately $488,655. No insider purchases were reported in the cited six-month period. Insider Selling: Immersion Insider Sells Stock

About Immersion

Immersion Corporation (NASDAQ: IMMR) develops and licenses haptic technologies that enable electronic devices to communicate through tactile sensations such as vibration, pressure, and motion. Its intellectual property and software are designed to help manufacturers create more responsive and immersive user experiences.

The company’s haptic solutions are used across a range of markets, including smartphones and other mobile devices, automotive systems, gaming controllers, personal computers, consumer electronics, and medical equipment.