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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.

Immersion Corporation (NASDAQ: IMMR) is a global leader in haptic technology, creating tactile feedback solutions that enhance digital interactions across mobile devices, automotive systems, and consumer electronics. This page provides investors and industry professionals with a centralized source for official company announcements and market-moving developments.

Access real-time updates on earnings reports, technology licensing agreements, and strategic partnerships that shape the future of touch-enabled interfaces. Our curated news feed includes press releases about product innovations, patent filings, and cross-industry applications of IMMR's haptic systems.

Key coverage areas include financial performance updates, R&D breakthroughs in digital tactility, and expansions into emerging markets. Bookmark this page to monitor how Immersion Corp's technology continues to redefine user experiences in gaming, automotive controls, and medical device interfaces.

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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.
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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.
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Immersion Corporation (IMMR) renews license with Nintendo Co., Ltd. for haptic technologies. Eric Singer, President and CEO, expresses delight in the continued partnership.
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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.
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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.
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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.
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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.
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Immersion Corp

NYSE:IMMR

IMMR Rankings

IMMR Stock Data

230.66M
29.24M
9.65%
59.83%
8.68%
Software - Application
Computer Peripheral Equipment, Nec
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United States
AVENTURA