Group 1 - The focus has shifted from primarily tech stocks to include offshore drilling, supply industry, and shipping sectors such as tankers, containers, and dry bulk [1] - There is an emerging interest in the fuel cell industry, which is still in its nascent stage [1] Group 2 - The individual has a background in auditing with PricewaterhouseCoopers and transitioned to day trading nearly 20 years ago [2] - The experience includes navigating significant market events such as the dotcom bubble, the aftermath of the World Trade Center attacks, and the subprime crisis [2]

Core Viewpoint - Immersion (IMMR) reported quarterly earnings of $0.83 per share, significantly exceeding the Zacks Consensus Estimate of $0.15 per share, marking an earnings surprise of 453.33% [1]. Financial Performance - The company achieved revenues of $616.25 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5,983.41%, compared to revenues of $9.48 million a year ago [2]. - Over the last four quarters, Immersion has exceeded consensus EPS estimates three times and topped consensus revenue estimates four times [2]. Stock Performance - Immersion shares have increased approximately 29.7% since the beginning of the year, outperforming the S&P 500's gain of 26.9% [4]. Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [5]. - The current consensus EPS estimate for the next quarter is $0.15 on revenues of $10.42 million, and for the current fiscal year, it is $1.96 on revenues of $116.8 million [8]. Industry Context - The Computer - Peripheral Equipment industry, to which Immersion belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9].

Financial Performance - Total revenues of $616.2 million in Q2 fiscal 2025, compared to $7.0 million in Q2 fiscal 2023[3] - GAAP net income attributable to Immersion stockholders of $27.2 million, or $0.83 per diluted share in Q2 fiscal 2025, compared to $7.0 million, or $0.21 per diluted share in Q2 fiscal 2023[3] - Non-GAAP net income attributable to Immersion stockholders of $40.2 million, or $1.22 per diluted share in Q2 fiscal 2025, compared to $8.4 million, or $0.26 per diluted share in Q2 fiscal 2023[5] - Total revenues for the three months ended October 31, 2024, were $616,249 thousand, compared to $6,983 thousand for the same period in 2023[27] - Net income attributable to Immersion stockholders for the three months ended October 31, 2024, was $27,157 thousand, compared to $7,028 thousand for the same period in 2023[27] - Non-GAAP net income attributable to Immersion stockholders for the three months ended October 31, 2024, was $40,249 thousand, compared to $8,415 thousand for the same period in 2023[29] - Diluted income per common share attributable to Immersion stockholders for the three months ended October 31, 2024, was $0.83, compared to $0.21 for the same period in 2023[27] - Non-GAAP net income per diluted common share attributable to Immersion stockholders for the three months ended October 31, 2024, was $1.22, compared to $0.26 for the same period in 2023[29] Operating Expenses - GAAP operating expenses of $86.3 million in Q2 fiscal 2025, compared to $3.9 million in Q2 fiscal 2023[4] - Non-GAAP operating expenses of $73.2 million in Q2 fiscal 2025, compared to $2.5 million in Q2 fiscal 2023[4] - Total operating expenses for the three months ended October 31, 2024, were $86,332 thousand, compared to $3,870 thousand for the same period in 2023[27] - Non-GAAP operating expenses for the three months ended October 31, 2024, were $73,240 thousand, compared to $2,483 thousand for the same period in 2023[32] Revenue Breakdown - Immersion's royalty and license revenue for the three months ended October 31, 2024, was $14,127 thousand, compared to $6,983 thousand for the same period in 2023[27] - Barnes & Noble Education's product and other revenue for the three months ended October 31, 2024, was $559,674 thousand, compared to $0 for the same period in 2023[27] - Barnes & Noble Education's rental income for the three months ended October 31, 2024, was $42,448 thousand, compared to $0 for the same period in 2023[27] Balance Sheet - Total current assets of $852.8 million as of October 31, 2024, compared to $190.6 million as of April 30, 2024[21] - Total liabilities of $837.6 million as of October 31, 2024, compared to $45.3 million as of April 30, 2024[24] - Total stockholders' equity of $482.5 million as of October 31, 2024, compared to $201.2 million as of April 30, 2024[24] Corporate Actions - Immersion acquired 42% of Barnes & Noble Education's outstanding common shares on June 10, 2024, later reduced to 41.2% due to additional stock issuances[6] - Immersion declared a special cash dividend of $0.245 per share payable on January 24, 2025[10]

Company Performance - Immersion (IMMR) closed at $9.02, reflecting a +1.23% change from the previous day, outperforming the S&P 500's daily gain of 0.05% [1] - Over the last month, Immersion's shares increased by 6.71%, exceeding the Computer and Technology sector's gain of 4.59% and the S&P 500's gain of 5.75% [1] Earnings Expectations - The upcoming earnings report is expected to show an EPS of $0.15, representing an 87.5% increase from the prior-year quarter [2] - The Zacks Consensus Estimate for revenue is projected at $10.13 million, up 6.86% from the year-ago period [2] Annual Projections - For the annual period, earnings are anticipated to be $1.96 per share, indicating an increase of +88.46% from last year, with revenue expected to reach $116.8 million, signifying a +244.35% change [3] Analyst Sentiment - Recent changes to analyst estimates for Immersion reflect positive sentiment regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, indicates a clear, actionable rating model for investors [4] Zacks Rank and Valuation - Immersion currently holds a Zacks Rank of 3 (Hold), with no changes in the Zacks Consensus EPS estimate over the past month [5] - The company's Forward P/E ratio is 4.55, which is significantly lower than the industry average Forward P/E of 17.78 [6] Industry Context - The Computer - Peripheral Equipment industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

MALVERN, Pa., Nov. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its IHPT series of haptic feedback actuators with Immersion Corporation licenses has been selected as a finalist for the 2024 Elektra Awards in the category of “Passive and Electromechanical Product of the Year.” Providing 12 V operation for LCD displays, touchscreens, touch switches, and button control panels for human-machine interfaces (HMI) in automotive and commercial applications, the solenoid ...

The latest trading session saw Immersion (IMMR) ending at $8.93, denoting a -1.33% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, added 0.63%.The the stock of touch-based technology company has risen by 2.49% in the past month, leading the Computer and Technology sector's gain of 0.92% and undershooting the S&P 500's gain of 3.15%.Analysts and investors alike will be ...

Immersion Corporation (IMMR) shares have gained 28.2% in the year-to-date (YTD) period, outperforming the Computer and Technology sector and the S&P 500 index’s return of 27.4% and 25.3%, respectively. Immersion has also outperformed other players in the Zacks Computer - Peripheral Equipment industry, including Logitech (LOGI) , TransAct Technologies (TACT) and Identiv (INVE) .LOGI, TACT and INVE have lost 14%, 39.1% and 53.2%, respectively, in the year-to-date period. IMMR’s outperformance can be attribute ...

The most recent trading session ended with Immersion (IMMR) standing at $8.54, reflecting a +0.83% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.61%. Meanwhile, the Dow experienced a drop of 0.47%, and the technology-dominated Nasdaq saw a decrease of 0.64%.Shares of the touch-based technology company witnessed a loss of 0.82% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 3.03% and the S&P 500's gai ...

Immersion Corporation (IMMR) is expected to report third-quarter 2024 results this week.The Zacks Consensus Estimate for revenues is pegged at $10.13 million, suggesting a 6.9% year-over-year increase. The consensus mark for earnings stands at 15 cents per share, unchanged over the past 60 days, implying an impressive 87.5% surge from the year-ago figure of 8 cents.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Image Source: Zacks Investment ResearchAs a leading developer and licen ...

In the latest trading session, Immersion (IMMR) closed at $8.80, marking a -0.34% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.16%. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq gained 0.78%. Coming into today, shares of the touch-based technology company had lost 1.01% in the past month. In that same time, the Computer and Technology sector gained 1.87%, while the S&P 500 gained 1.67%. Analysts and investors alike will be keeping a close eye o ...