Immersion Swings to Q1 FY2027 Profit, Non-GAAP EPS $0.50, Declares $0.075 Dividend
IMMR sits 40% above its 52-week low of $5.25.
Summary
Immersion reported Q1 FY2027 GAAP net income of $4.9M ($0.17/diluted share) and non-GAAP net income of $16.6M ($0.50/diluted share), and declared a $0.075 quarterly dividend payable October 30, 2026.
Key Events · Earnings and Guidance · IMMR
-
Q1 FY2027 Results Beat Prior Year
Total revenues of $294.4M vs $292.0M a year ago; GAAP net income attributable to Immersion stockholders of $4.9M ($0.17/diluted share) vs a loss of $0.9M ($0.03/diluted share) in Q1 FY2026.
-
Non-GAAP EPS $0.50
Non-GAAP net income attributable to Immersion stockholders was $16.6M, or $0.50 per diluted share, compared to $16.9M, or $0.52 per diluted share, in the prior-year quarter.
-
Sixteenth Consecutive Quarterly Dividend
Board declared a quarterly cash dividend of $0.075 per share, payable October 30, 2026 to stockholders of record on October 16, 2026.
-
Barnes & Noble Education Ownership Declines
Immersion's ownership of Barnes & Noble Education fell to 32.3% from 42% due to additional issuances of BNED common stock to noncontrolling stockholders; Immersion now owns approximately 11.2 million BNED shares.
Analysis · IMMR · Technology
A return to GAAP profitability headlines Immersion's first quarter of fiscal 2027, with net income of $4.9 million, or $0.17 per diluted share, versus a loss of $0.9 million a year ago. Non-GAAP net income came in at $16.6 million, or $0.50 per diluted share, roughly in line with the prior year's $0.52. The company also declared its sixteenth consecutive quarterly dividend of $0.075 per share, payable October 30, 2026. The results reflect the consolidation of Barnes & Noble Education, whose ownership stake has declined to 32.3% from 42% due to additional share issuances to noncontrolling stockholders. Long-term borrowings rose to $123.5 million from $71.0 million at fiscal year-end, a notable increase in leverage.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, IMMR was trading at $7.36 on NASDAQ in the Technology sector, with a market capitalization of approximately $245.6M. The 52-week trading range was $5.25 to $8.05. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.