Immersion (NASDAQ:IMMR) Announces Earnings Results, Beats Estimates By $0.33 EPS

Posted by Trina Covell on Mar 14th, 2025

Immersion (NASDAQ:IMMR – Get Free Report) issued its quarterly earnings data on Wednesday. The software maker reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.33, Zacks reports. The firm had revenue of $474.76 million during the quarter, compared to analysts’ expectations of $9.45 million. Immersion had a net margin of 11.79% and a return on equity of 28.08%.

Immersion Price Performance

NASDAQ IMMR opened at $7.44 on Friday. The company has a market cap of $240.13 million, a PE ratio of 2.66 and a beta of 1.55. Immersion has a 52 week low of $7.06 and a 52 week high of $13.94. The company has a quick ratio of 0.94, a current ratio of 1.65 and a debt-to-equity ratio of 0.37. The firm’s 50-day simple moving average is $8.36 and its two-hundred day simple moving average is $8.63.

Immersion Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, April 14th will be issued a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Monday, April 14th. Immersion’s dividend payout ratio (DPR) is currently 4.64%.

Analyst Upgrades and Downgrades

IMMR has been the subject of several recent research reports. Craig Hallum reduced their target price on shares of Immersion from $14.00 to $11.00 and set a “buy” rating for the company in a report on Thursday. BWS Financial reaffirmed a “buy” rating and set a $13.50 price target on shares of Immersion in a research report on Thursday.

Read Our Latest Stock Report on IMMR

Immersion Company Profile

(Get Free Report)

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.