Immersion Past Earnings Performance

Past criteria checks 3/6

Immersion has been growing earnings at an average annual rate of 66.7%, while the Tech industry saw earnings growing at 30.3% annually. Revenues have been growing at an average rate of 6.6% per year. Immersion's return on equity is 22%, and it has net margins of 62.7%.

Key information

66.7%

Earnings growth rate

65.7%

EPS growth rate

Tech Industry Growth	14.3%
Revenue growth rate	6.6%
Return on equity	22.0%
Net Margin	62.7%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Immersion's (NASDAQ:IMMR) Profits May Not Reveal Underlying Issues

Mar 18

Recent updates

At US$6.16, Is It Time To Put Immersion Corporation (NASDAQ:IMMR) On Your Watch List?

Aug 05

Statutory Profit Doesn't Reflect How Good Immersion's (NASDAQ:IMMR) Earnings Are

Mar 04

Immersion (NASDAQ:IMMR) Shareholders Will Want The ROCE Trajectory To Continue

Mar 01

Immersion: The Market Leader Of Haptic Technology Plunged By 33% In 6 Months

Jan 21

When Should You Buy Immersion Corporation (NASDAQ:IMMR)?

Jan 11

Immersion Is Too Cheap

Oct 26

These Analysts Think Immersion Corporation's (NASDAQ:IMMR) Sales Are Under Threat

Aug 22

We Like These Underlying Return On Capital Trends At Immersion (NASDAQ:IMMR)

Aug 18

An Intrinsic Calculation For Immersion Corporation (NASDAQ:IMMR) Suggests It's 43% Undervalued

May 23

What Is Immersion Corporation's (NASDAQ:IMMR) Share Price Doing?

May 05

Some Investors May Be Worried About Immersion's (NASDAQ:IMMR) Returns On Capital

Apr 14

Revenue & Expenses Breakdown
Beta

How Immersion makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:IMMR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	71	44	39
31 Dec 23	34	34	16
30 Sep 23	33	38	14
30 Jun 23	37	43	13
31 Mar 23	38	34	13
31 Dec 22	38	31	13
30 Sep 22	39	12	13
30 Jun 22	32	8	13
31 Mar 22	35	16	13
31 Dec 21	35	12	13
30 Sep 21	36	19	14
30 Jun 21	37	18	16
31 Mar 21	31	12	17
31 Dec 20	30	5	23
30 Sep 20	31	-2	28
30 Jun 20	34	-6	33
31 Mar 20	37	-14	44
31 Dec 19	36	-20	49
30 Sep 19	35	-24	52
30 Jun 19	33	-27	54
31 Mar 19	31	-27	50
31 Dec 18	111	54	48
30 Sep 18	107	45	51
30 Jun 18	110	45	54
31 Mar 18	111	37	60
31 Dec 17	35	-45	67
30 Sep 17	37	-71	69
30 Jun 17	52	-59	68
31 Mar 17	53	-50	64
31 Dec 16	57	-40	59
30 Sep 16	64	-1	53
30 Jun 16	52	-8	49
31 Mar 16	61	0	45
31 Dec 15	63	3	43
30 Sep 15	60	3	42
30 Jun 15	58	4	40
31 Mar 15	54	2	38
31 Dec 14	53	4	35
30 Sep 14	51	41	34
30 Jun 14	51	40	34
31 Mar 14	49	40	32
31 Dec 13	47	40	32
30 Sep 13	44	1	33
30 Jun 13	40	-3	33

Quality Earnings: IMMR has a large one-off gain of $11.2M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: IMMR's current net profit margins (62.7%) are lower than last year (88.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: IMMR has become profitable over the past 5 years, growing earnings by 66.7% per year.

Accelerating Growth: IMMR's earnings growth over the past year (31%) is below its 5-year average (66.7% per year).

Earnings vs Industry: IMMR earnings growth over the past year (31%) exceeded the Tech industry 26.6%.

Immersion Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Immersion's (NASDAQ:IMMR) Profits May Not Reveal Underlying Issues

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Immersion Corporation to Report Q3, 2023 Results on Nov 13, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

Investor sentiment improves as stock rises 24%

First quarter dividend of US$0.045 announced

New major risk - Revenue and earnings growth

Immersion Corporation Announces Seventh Quarterly Dividend, Payable on July 26, 2024

First quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Immersion: An Able Capital Allocator Is Leading A Transformation

Immersion Corporation, Annual General Meeting, Apr 29, 2024

Upcoming dividend of US$0.045 per share

Immersion's (NASDAQ:IMMR) Profits May Not Reveal Underlying Issues

Consensus revenue estimates increase by 30%

Lead Independent Director recently sold US$107k worth of stock

Lead Independent Director notifies of intention to sell stock

Fourth quarter dividend of US$0.045 announced

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Immersion Corporation Announces Quarterly Dividend, Payable on April 19, 2024

Investor sentiment improves as stock rises 19%

Immersion: Undervalued, But More Than Just Financial Engineering Needed

Consensus EPS estimates fall by 22%, revenue upgraded

Immersion Corporation Increases Quarterly Dividend, Payable on January 25, 2024

Immersion Corporation Increases Quarterly Dividend, Payable on January 25, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Immersion Corporation to Report Q3, 2023 Results on Nov 13, 2023

Upcoming dividend of US$0.03 per share at 1.8% yield

Consensus revenue estimates decrease by 15%, EPS upgraded

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.03 per share at 1.7% yield

CFO & Treasurer notifies of intention to sell stock

Immersion Corporation Declare Third Quarterly Dividend, Payable on July 28, 2023

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of US$0.03 per share at 1.4% yield

Is Immersion Corporation (NASDAQ:IMMR) Potentially Undervalued?

Chief Strategy Officer & Director exercised options and sold US$336k worth of stock

Consensus EPS estimates fall by 10%

Here's Why We Think Immersion (NASDAQ:IMMR) Is Well Worth Watching

Full year 2022 earnings: EPS and revenues exceed analyst expectations

CFO & Treasurer exercised options and sold US$91k worth of stock

Immersion Corporation (NasdaqGS:IMMR) announces an Equity Buyback for $50 million worth of its shares.

Immersion Corporation, Annual General Meeting, Mar 30, 2023

Executive Chairperson recently bought US$146k worth of stock

Consensus revenue estimates increase by 17%

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Immersion Corporation Approves Quarterly Cash Dividend, Will Be Paid on January 30, 2023

Immersion Corporation to Report Q3, 2022 Results on Nov 14, 2022

Immersion Corporation: Litigant Play Against Meta Platforms

We Like These Underlying Return On Capital Trends At Immersion (NASDAQ:IMMR)

Chief Strategy Officer & Director recently bought US$624k worth of stock

Consensus EPS estimates fall by 44%

Consensus EPS estimates fall by 44%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Immersion: A Profitable Leader In Haptic Trading At A Dirt Cheap Level

At US$6.16, Is It Time To Put Immersion Corporation (NASDAQ:IMMR) On Your Watch List?

Chief Strategy Officer & Director recently bought US$342k worth of stock

First quarter 2022 earnings released: EPS: US$0.15 (vs US$0.071 in 1Q 2021)

High number of new and inexperienced directors

Immersion Corporation to Report Q1, 2022 Results on May 12, 2022

Immersion Corporation, Annual General Meeting, May 23, 2022

Statutory Profit Doesn't Reflect How Good Immersion's (NASDAQ:IMMR) Earnings Are

Immersion (NASDAQ:IMMR) Shareholders Will Want The ROCE Trajectory To Continue

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Immersion Corporation (NasdaqGS:IMMR) announces an Equity Buyback for $30 million worth of its shares.

Immersion Corporation to Report Q4, 2021 Results on Feb 24, 2022

Immersion: The Market Leader Of Haptic Technology Plunged By 33% In 6 Months

CFO & Treasurer exercised options and sold US$65k worth of stock

When Should You Buy Immersion Corporation (NASDAQ:IMMR)?

Executive Chairperson recently bought US$744k worth of stock

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS US$0.12 (vs US$0.11 in 3Q 2020)

Investor sentiment improved over the past week

Revenue & Expenses Breakdown
Beta