Immersion Q2 2025 Earnings Report
Key Takeaways
Immersion Corporation reported a substantial increase in total revenues to $616.2 million and GAAP net income attributable to Immersion stockholders of $27.2 million, or $0.83 per diluted share, for the second quarter of fiscal year 2025. These results reflect the inclusion of Barnes & Noble Education's financial information following Immersion's acquisition of a controlling interest in the company. The company also declared a special cash dividend of $0.245 per share.
Total revenues reached $616.2 million, a significant increase compared to $7.0 million in the prior year comparable quarter.
GAAP net income attributable to Immersion Corporation stockholders was $27.2 million, or $0.83 per diluted share.
Non-GAAP net income attributable to Immersion Corporation stockholders was $40.2 million, or $1.22 per diluted share.
A special cash dividend of $0.245 per share was declared, payable on January 24, 2025, to shareholders of record on January 10, 2025.
Immersion
Immersion
Forward Guidance
The company will continue to pursue thoughtful capital allocation as it aims to build its business and create long term shareholder value. Future quarterly dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to adjust or withdraw the quarterly dividend in future periods as it reviews the Company’s capital allocation strategy from time-to-time.