Immersion Full Year 2023 Earnings: Beats Expectations
Immersion (NASDAQ:IMMR) Full Year 2023 Results
Key Financial Results
Revenue: US$33.9m (down 12% from FY 2022).
Net income: US$34.0m (up 11% from FY 2022).
EPS: US$1.06 (up from US$0.92 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Immersion Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) also surpassed analyst estimates by 46%.
The company's shares are up 4.7% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Immersion, and understanding this should be part of your investment process.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
