NASDAQ$IMMR
Immersion Corporation · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Immersion reported an increase in revenue and net income for Q4 2023 compared to the previous year.
Immersion Corporation reported Q4 2023 financial results, with total revenues of $10.4 million and GAAP net income of $16.0 million, or $0.49 per diluted share. Non-GAAP net income was $16.9 million, or $0.52 per diluted share. The company repurchased 319,017 shares during the quarter.
- Total revenues for Q4 2023 were $10.4 million, up from $9.2 million in Q4 2022.
- GAAP net income for Q4 2023 was $16.0 million, or $0.49 per diluted share.
- Non-GAAP net income for Q4 2023 was $16.9 million, or $0.52 per diluted share.
- The company repurchased 319,017 shares in Q4 2023.
Headline financials
Revenue & EPS history
Immersion · Revenue · Quarterly
$10.4M
Revenue by segment
Immersion · $9.47M total across 1 segment · Q3 2023
- Royalty and license$9.47M—100.0%
Forward guidance
Immersion continues to focus on protecting its intellectual property, renewing license deals, and allocating capital thoughtfully. The company's strong balance sheet positions it well for 2024.
Tailwinds
- Focus on protecting intellectual property
- Renewing license agreements
- Thoughtful capital allocation
- Strong balance sheet
- Increasing stockholder's equity
Headwinds
- Inability to predict litigation outcomes
- Costs associated with litigation
- Risks related to initiating litigation
- Unanticipated changes in markets
- Effects of macroeconomic climate
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2023
-0.9%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+2.6%
Avg return
30 days after
49%
31 / 63 earnings
Positive
+23.8%
Q3 2022
Best reaction
-23.0%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q3 2026 | +3.6% | +6.7% | — | |
| Q2 2026 | +3.6% | +15.2% | +11.3% | |
| Q1 2025 | +5.0% | +5.2% | +4.1% | |
| Q3 2025 | -0.1% | +0.9% | -7.9% | |
| Q3 2024 | +7.6% | +1.2% | +3.3% | |
| Q2 2024 | -6.5% | -10.1% | -16.1% | |
| Q1 2024 | +9.6% | +14.0% | +32.0% | |
| Q4 2023 | +7.7% | +15.8% | +10.2% | |
| Q3 2023 | -8.6% | -4.6% | -0.1% | |
| Q2 2023 | +7.8% | +6.4% | +0.7% | |
| Q1 2023 | -6.7% | -1.0% | +9.2% | |
| Q4 2022 | +11.9% | +13.1% | +20.1% | |
| Q3 2022 | +23.8% | +24.0% | +47.4% | |
| Q2 2022 | -9.2% | -9.9% | -0.3% | |
| Q1 2022 | +20.1% | +29.4% | +26.0% | |
| Q4 2021 | +8.5% | +13.2% | +13.4% | |
| Q3 2021 | -23.0% | -22.7% | -39.4% | |
| Q2 2021 | -10.9% | -3.2% | -1.4% | |
| Q1 2021 | -7.9% | -13.3% | +1.3% | |
| Q4 2020 | -3.3% | +3.4% | -3.5% | |
| Q3 2020 | -1.2% | -0.7% | +15.4% | |
| Q2 2020 | +14.1% | +20.9% | +30.9% | |
| Q1 2020 | +1.0% | -3.3% | +2.9% | |
| Q4 2019 | -19.5% | -26.4% | -27.8% | |
| Q3 2019 | -6.7% | -8.5% | -19.4% | |
| Q2 2019 | +0.5% | -3.0% | +2.1% | |
| Q1 2019 | -18.2% | -23.8% | -30.1% | |
| Q4 2018 | -7.4% | -9.7% | -16.4% | |
| Q3 2018 | +1.8% | -5.0% | -5.2% | |
| Q2 2018 | -22.3% | -18.4% | -16.3% | |
| Q1 2018 | +9.2% | +16.9% | +41.4% | |
| Q4 2017 | +13.3% | +15.9% | +19.8% | |
| Q3 2017 | -4.5% | -19.8% | -5.5% | |
| Q2 2017 | -20.5% | -21.0% | -12.9% | |
| Q1 2017 | -10.5% | -9.3% | -5.0% | |
| Q4 2016 | -23.0% | -26.5% | -22.3% | |
| Q3 2016 | +8.5% | +15.2% | +34.6% | |
| Q2 2016 | -14.6% | -15.3% | -0.3% | |
| Q1 2016 | -3.9% | — | — | |
| Q4 2015 | +16.7% | — | — | |
| Q3 2015 | +11.8% | — | — | |
| Q2 2015 | +17.9% | — | — | |
| Q1 2015 | +3.6% | — | — | |
| Q4 2014 | -1.2% | — | — | |
| Q3 2014 | +0.7% | — | — | |
| Q2 2014 | -21.0% | — | — | |
| Q1 2014 | -7.2% | — | — | |
| Q4 2013 | +6.8% | — | — | |
| Q3 2013 | +7.6% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | +20.7% | — | — | |
| Q4 2012 | -5.4% | — | — | |
| Q3 2012 | +5.3% | — | — | |
| Q2 2012 | +7.4% | — | — | |
| Q1 2011 | +3.9% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q4 2011 | +5.4% | — | — | |
| Q3 2011 | -11.1% | — | — | |
| Q2 2011 | -18.5% | — | — | |
| Q2 2010 | -18.5% | — | — | |
| Q4 2010 | -3.8% | — | — | |
| Q3 2010 | -9.0% | — | — | |
| Q1 2010 | +4.9% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro