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Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2023. Second Quarter Financial Summary: Total revenues of $7.0 million, compared to $8.0 million in the second quarter of 2022. Royalty and license revenues were $6.9 million, compared to $7.9 million in the second quarter of 2022. GAAP net income was $7.0 million, or $0.21 per diluted share, compared to GAAP net loss of $1.8...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it has filed a complaint against Valve Corporation in the United States District Court for the Western District of Washington. The complaint alleges that Valve’s handheld video game and augmented and virtual reality (“AR/VR”) systems, including the Steam Deck and Valve Index, infringe seven Immersion patents that cover various uses of haptic effects in connection with...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the first quarter ended March 31, 2023. First Quarter Financial Summary: Total revenues of $7.1 million, compared to $7.3 million in the first quarter of 2022. Royalty and license revenues were $7.0 million, compared to $7.2 million in the first quarter of 2022. GAAP net income was $8.3 million, or $0.25 per diluted share, compared to GAAP net income of $5.1...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a multi-year license to Immersion’s technology with Motrex Co., Ltd., a manufacturer and developer of automotive solutions that provides in-car safety information, driving data and passenger entertainment, for use in Motrex’s automotive products. “We are very pleased to establish a partnership with Motrex,” said Eric Singer, Immersion’s President and...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has filed patent infringement lawsuits against several companies of the Xiaomi-Group in Germany, France and India. Immersion filed complaints against Xiaomi-Group companies and their agents in the Düsseldorf Regional Court in Germany, the Tribunal judiciaire de Paris (Paris First Instance Civil Court) in France, and the High Court of Delhi, at New Delhi, in India. The...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter ended December 31, 2022. Fourth Quarter Financial Summary: Total revenues of $9.2 million, compared to $9.7 million in the fourth quarter of 2021. Royalty and license revenues were $9.1 million, compared to $9.7 million in the fourth quarter of 2021. GAAP net income was $19.7 million, or $0.60 per diluted share, compared to GAAP net income of...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced it has signed a license agreement with Vishay Intertechnology, Inc. (NYSE: VSH)(“Vishay”) to bundle Immersion haptic patent licenses for purchasers of Vishay’s solenoid-based haptic actuators, streamlining the design-in process for Vishay’s game-changing technology. “We are very pleased to establish a partnership with Vishay,” said Eric Singer, Immersion’s President...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program. Effective immediately, Executive Chairman Eric Singer has been appointed President and CEO and will continue to serve as Chairman of the Board. The Board of Directors believes Eric Singer’s significant experience in operations, transactions and capital allocation as well as his deep technology...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it renewed a multi-year license with Dongwoon Anatech, which creates analog integrated circuits (ICs) for phones, wearables, and other electronic devices, to make Immersion haptic patent licenses available to mobile phone, wearable, and PC OEMs through Dongwoon. “As the adoption of haptics increases in markets all over the world, this business relationship is an important...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the third quarter ended September 30, 2022. Third Quarter Financial Summary: Total revenues of $14.0 million, compared to $7.2 million in the third quarter of 2021. Royalty and license revenues were $13.9 million, compared to $7.1 million in the third quarter of 2021. GAAP operating expenses of $3.1 million declined 12% from $3.5 million in the third quarter of...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it renewed a multi-year license to Immersion’s technology with Nippon Seiki Co., Ltd., a global supplier of control panels for home, office and factory appliances, for use in Nippon Seiki’s line of printer and copier products, and has expanded its license with Immersion to cover Nippon Seiki’s automotive products. “We are increasingly seeing more new car models...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the second quarter ended June 30, 2022. Second Quarter Financial Summary: Total revenues of $8.0 million, compared to $11.0 million in the second quarter of 2021. Royalty and license revenues were $7.9 million, compared to $10.9 million in the second quarter of 2021. GAAP operating expenses of $3.9 million declined 25% from $5.2 million in the second quarter of...

Immersion Corporation (NASDAQ: IMMR), a leading developer and provider of technologies for haptics, today announced that it has signed a license agreement with ELAN Microelectronics Corporation, a leading human-machine interface solution provider, to make Immersion haptic patent licenses available to PC laptop OEMs through ELAN’s best-in-class Smart-Haptic Pad™ Technology. "With a haptics API now integrated into Windows 11, advanced haptics technology is critical for PC laptop OEMs to...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it has filed a complaint against Meta Platforms, Inc. (formerly known as Facebook, Inc.) in the United States District Court for the Western District of Texas. The complaint alleges that Meta’s augmented and virtual reality (“AR/VR”) systems, including the Meta Quest 2, infringe six Immersion patents that cover various uses of haptic effects in connection with such...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the first quarter ended March 31, 2022. First Quarter Financial Summary: Total revenues of $7.3 million, compared to $7.2 million in the first quarter of 2021. Royalty and license revenues were $7.2 million, compared to $7.1 million in the first quarter of 2021. GAAP operating expenses of $3.7 million declined 20% from $4.6 million in the first quarter of...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today announced that it will report financial results for the first quarter of 2022 on Thursday, May 12, 2022, after market close. About Immersion Immersion Corporation (NASDAQ: IMMR) is the leading innovator of touch feedback technology, also known as haptics. The company invents, accelerates, and scales haptic experiences by providing technology solutions for mobile, automotive, gaming, and...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter ended December 31, 2021. Fourth Quarter Financial Summary: Total revenues of $9.7 million, compared to $10.9 million in the fourth quarter of 2020. Royalty and license revenues were $9.7 million, compared to $10.9 million in the fourth quarter of 2020. GAAP operating expenses of $3.9 million declined 31% from $5.7 million in the fourth...

Immersion Corporation (NASDAQ: IMMR), the leading licensor of haptic technologies, and Nissha, a global supplier of touch sensors, decorative film and molded parts, announced a partnership to integrate Immersion’s haptics technology into automotive interface solutions. Under the agreement, Immersion will license its Active Sensing™ technology and patents to Nissha. "Nissha is excited to develop haptic enabled interface solutions for the automotive market," said Kazuhiro Nishikawa, Vice...

Immersion Corporation (NASDAQ: IMMR), the leading licensor of haptic technologies, announced it has signed a license agreement with Duck-il, a Korea-based automotive supplier, for use of its technology in automotive interfaces. "Immersion technology is essential to high-definition tactile user experiences in the car," said Nobumitsu Shimada, VP, APAC, Immersion. "We’re excited to be working with Duck-il on further adoption of our technology in the market.” “Haptics is becoming pivotal to...

Immersion Corporation (NASDAQ: IMMR), the leading developer and provider of technologies for haptics, today reported financial results for the third quarter ended September 30, 2021. Third Quarter Financial Summary: Total revenues of $7.2 million, compared to $7.6 million in the third quarter of 2020. Royalty and license revenues were $7.1 million, compared to $7.5 million in the third quarter of 2020. GAAP operating expenses of $3.5 million declined 30% from $5.0 million in the third quarter of...