Immersion FY27 Q1 net income turns to profit at $4.9 million; revenue rises 0.82% to $294.4 million - IMMR News | RalliesImmersion FY27 Q1 net income turns to profit at $4.9 million; revenue rises 0.82% to $294.4 million
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IMMR• Q1 FY27 results
- Immersion posted GAAP net income attributable to stockholders of USD 4.88 million, or USD 0.17 a share, in Q1 fiscal 2027, returning to profit.
- Revenue edged up 0.82% to USD 294.4 million from a year earlier.
- GAAP operating expenses fell 5.22% to USD 80.37 million, while operating loss narrowed to USD 19.98 million.
- Interest and other income rose to USD 15.1 million, and interest expense declined to USD 1.8 million.
- Declared a quarterly dividend of USD 0.075 per share payable Oct. 30 to holders of record Oct. 16; Eric Singer said the year started strong.
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