Immersion Corporation Declares Quarterly Dividend of $0.07 (NASDAQ:IMMR)

Immersion Corporation (NASDAQ:IMMR) declared a quarterly dividend on Monday, September 14th. Stockholders of record on Friday, October 16th will be given a dividend of 0.075 per share by the software maker on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, October 16th.

Immersion Stock Performance

Shares of NASDAQ:IMMR opened at $7.21 on Tuesday. 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 business’s 50 day moving average price is $7.29 and its 200-day moving average price is $6.62. The firm has a market capitalization of $239.32 million, a PE ratio of 51.50 and a beta of 1.02. Immersion has a 1 year low of $5.25 and a 1 year high of $8.05.

Immersion (NASDAQ:IMMR) last issued its quarterly earnings results on Monday, September 14th. The software maker reported $0.50 EPS for the quarter, topping the consensus estimate of $0.06 by $0.44. Immersion had a return on equity of 0.80% and a net margin of 0.26%.The firm had revenue of $294.40 million during the quarter, compared to analysts’ expectations of $3.43 million. As a group, equities research analysts expect that Immersion will post 0.26 earnings per share for the current fiscal year.

Key Headlines Impacting Immersion

Here are the key news stories impacting Immersion this week:

• Positive Sentiment: First-quarter profit significantly exceeded expectations. Immersion reported fiscal Q1 2027 non-GAAP EPS of $0.50, well above the $0.06 consensus estimate. GAAP net income was $4.9 million, or $0.17 per diluted share, compared with a $0.9 million loss in the year-ago quarter. Immersion Swings To Profit in Q1
• Positive Sentiment: Revenue remained near record levels and expenses declined. Quarterly revenue rose to $294.4 million from $292.0 million a year earlier, while GAAP operating expenses fell to $80.4 million from $84.8 million. The earnings release also showed the company continued to hold approximately 11.2 million Barnes & Noble Education shares. Immersion Fiscal Q1 Results
• Positive Sentiment: Quarterly dividend maintained. Immersion declared a $0.075-per-share dividend, payable October 30 to shareholders of record October 16. The annualized payout is $0.30 per share, representing an indicated yield of roughly 4.2% at the reported share price. Immersion Revenue and Net Income
• Neutral Sentiment: Investors may be taking profits after the earnings release. Despite the substantial EPS beat, revenue growth was modest and the company’s reported net margin remained very low, which may limit enthusiasm about the durability of the earnings improvement.
• Negative Sentiment: Insider selling is a sentiment headwind. Recent disclosures indicate Immersion insiders sold shares, including a reported sale valued at approximately $488,655. While insider sales do not necessarily signal deteriorating fundamentals, they can weigh on investor confidence. Immersion Insider Selling

Immersion Company Profile

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.