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Last $11.81 USD
Change Today -0.05 / -0.42%
Volume 117.4K
IMMR On Other Exchanges
Symbol
Exchange
IMMR is not on other exchanges.
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

immersion corporation (IMMR) Snapshot

Open
$11.77
Previous Close
$11.86
Day High
$12.05
Day Low
$11.67
52 Week High
07/31/15 - $13.90
52 Week Low
10/15/14 - $7.20
Market Cap
332.6M
Average Volume 10 Days
199.2K
EPS TTM
$0.14
Shares Outstanding
28.2M
EX-Date
--
P/E TM
84.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for IMMERSION CORPORATION (IMMR)

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immersion corporation (IMMR) Details

Immersion Corporation, an intellectual property and software licensing company, creates, designs, develops, and licenses technologies in North America, Europe, Asia, and internationally. It provides haptic technologies and software that allow people to use their sense of touch when operating various digital devices. The company offers TouchSense Core software for incorporation into mobile devices, video console gaming systems, consumer electronics, medical simulation and surgical robotic systems, and automotive controls; and TouchSense Engage, a suite of design tools and software development kits to design and integrate tactile effects into mobile games, ads, and videos. Immersion Corporation licenses TouchSense software to original equipment manufacturers or their suppliers. The company also licenses its customers to implement the licensed software in their products. In addition, it offers turn-key engineering and integration services, design kits for prototyping, authoring tools, application programming interfaces, and platform independent solutions; and develops hardware and software technologies that are compatible with industry standards. The company sells its products through a direct sales force. Immersion Corporation was founded in 1993 and is headquartered in San Jose, California.

141 Employees
Last Reported Date: 02/27/15
Founded in 1993

immersion corporation (IMMR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $351.3K
Chief Financial Officer
Total Annual Compensation: $289.3K
Vice President and General Manager of Content...
Total Annual Compensation: $233.2K
Vice President of Worldwide OEM Sales
Total Annual Compensation: $59.1K
Senior Vice President of Marketing
Total Annual Compensation: $260.4K
Compensation as of Fiscal Year 2014.

immersion corporation (IMMR) Key Developments

Immersion Corporation Reports Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

Immersion Corporation reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2015. For the quarter, the company’s total revenue was $16.223 million against $11.831 million a year ago. Operating income was $2.217 million against $0.117 million a year ago. Income before provision for income taxes was $2.263 million against $0.261 million a year ago. Net income was $1.595 million or $0.06 per basic and diluted share against $0.169 million or $0.01 per basic and diluted share a year ago. Non-GAAP net income was $2.824 million or $0.10 per share against $1.513 million or $0.05 per share a year ago. For the six months, the company’s total revenue was $32.510 million against $27.267 million a year ago. Operating income was $2.147 million against $3.071 million a year ago. Income before provision for income taxes was $2.168 million against $3.208 million a year ago. Net income was $1.536 million or $0.05 per basic and diluted share against $2.033 million or $0.07 per basic and diluted share a year ago. Non-GAAP net income was $4.505 million or $0.16 per share against $4.960 million or $0.17 per share a year ago. Cash generated from operations during the six months ended June 30, 2015 was $16.7 million. Based on current outlook the company are narrowing 2015 revenue guidance to the high-end of the range, and now expect revenues to be $58 million to $60 million, reflecting growth of 10% to 13% over the prior year. Assuming an effective tax rate of up to 78% as a result of certain non-cash transitional tax expenses related to the reorganization of international operations. Non-GAAP net income is anticipated to be unchanged, and in the range of $4 million to $8 million, resulting in non-GAAP earnings per share of $0.13 to $0.27, assuming, for calculation purposes only, 30 million diluted shares outstanding.

Immersion Corporation Enters into Multi-Year Licensing Agreement Renewal with Fujitsu Limited

Immersion Corporation announced that it has entered into a multi-year licensing agreement renewal with Fujitsu Limited, for use of Immersion’s TouchSense® software technology and Basic Haptics Intellectual Property. The agreement renewal enables Fujitsu to use Immersion’s technology to advance its mobile experience with tactile capabilities and provide a more dynamic user interface with the sense of touch in Fujitsu’s smartphones and tablets, starting with the company’s recently launched ARROWS NX F-04G. The ARROWS NX F-04G smartphone is supported by Immersion’s TS3000TM software. Immersion offers its customers comprehensive solutions, including haptic software, integration tools, reference designs, and UX design services and support for creating a custom-designed tactile user interfaces. Immersion’s TS3000 software is designed to precisely control the device motor to create high-quality, power-efficient, tactile feedback in mobile devices. TouchSense technology enables device manufacturers to differentiate their product offerings through tactile feedback and effects that provide the user with greater usability and innovative features.

Immersion Corporation to Report Q2, 2015 Results on Jul 30, 2015

Immersion Corporation announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 30, 2015

 

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Digimarc Corp $37.81 USD +2.89
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Industry Analysis

IMMR

Industry Average

Valuation IMMR Industry Range
Price/Earnings 94.0x
Price/Sales 5.7x
Price/Book 4.1x
Price/Cash Flow 90.7x
TEV/Sales 4.5x
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