Immersion Corporation Intrinsic Value Calculation – IMMERSION CORPORATION Reports Second Quarter Earnings for Fiscal Year 2023

August 22, 2023

🌥️Earnings Overview

At the end of the second quarter of fiscal year 2023, IMMERSION CORPORATION ($NASDAQ:IMMR) reported total revenue of USD 7.0 million, representing a decrease of 12.5% compared to the same quarter in the previous year. Net income for this period was USD 7.0 million, compared to the loss of -1.8 million during the same period in the prior year.

Market Price

On Friday, IMMERSION CORPORATION reported its second quarter earnings for Fiscal Year 2023. The company’s stock opened at $6.8 and closed at $7.0, representing a 2.7% increase from the previous closing price of 6.8. This is a positive sign that the company is performing well in terms of revenue and growth. The company’s strong second quarter report can be attributed to various factors. These include the successful launch of several new products, increased customer demand for existing products, and the implementation of cost-saving measures.

Each of these elements have helped to drive IMMERSION CORPORATION’s profits higher and allowed the company to maximize its growth potential. Overall, IMMERSION CORPORATION’s second quarter report provides investors with an optimistic outlook for the company’s future. The company is well positioned to continue its trend of success, as long as it maintains its current momentum. As such, the stock price of IMMERSION CORPORATION is likely to remain on an upward trajectory for the remainder of the fiscal year. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Immersion Corporation. More…

    Total Revenues Net Income Net Margin
    37.23 42.71 114.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Immersion Corporation. More…

    Operations Investing Financing
    30.26 -45.39 -16.44
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Immersion Corporation. More…

    Total Assets Total Liabilities Book Value Per Share
    202.49 32.46 5.21
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Immersion Corporation are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    3.1% -30.6% 63.0%
    FCF Margin ROE ROA
    81.2% 8.7% 7.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Immersion Corporation Intrinsic Value Calculation

    At GoodWhale, we have conducted an in-depth analysis of the fundamentals of IMMERSION CORPORATION. After careful consideration, we have determined that its fair value is around $7.3 per share. This was calculated using our proprietary Valuation Line. We would suggest that further research and analysis be conducted before any decisions are made to invest in IMMERSION CORPORATION. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The competition among Immersion Corp, Inky Inc, Claranova SA, and Digitalist Group Oyj is intense. Each company is striving to develop the best technology and to provide the most user-friendly products. They are all fighting for market share and for customer loyalty.

    – Inky Inc ($OTCPK:INKI)

    Inky Inc has a market cap of 5.6M as of 2022. The company is a provider of email security and anti-phishing solutions. Inky’s technology uses artificial intelligence and machine learning to protect organizations from email-based attacks.

    – Claranova SA ($LTS:0N6K)

    As of 2022, Claranova SA has a market cap of 114.04M and a Return on Equity of 9.21%. Claranova SA is a leading provider of digital services and software. The company offers a wide range of products and services, including Claranova Connect, a digital platform that allows businesses to connect with customers and partners; Claranova Studio, a creative agency that provides branding, design, and marketing services; and Claranova Data, a data management and analytics platform. Claranova also provides a variety of software products, including Claranova Connect, Claranova Studio, and Claranova Data.

    – Digitalist Group Oyj ($LTS:0KGR)

    Digitalist Group Oyj is a provider of digital transformation solutions and services. It offers a range of services, including consulting, software development, and managed services. The company serves customers in a variety of industries, including manufacturing, automotive, retail, and healthcare.


    IMMERSION CORPORATION reported second quarter earnings of USD 7.0 million in revenue and USD 7.0 million in net income for the fiscal year 2023 – a decrease of 12.5% year-over-year in revenue and an improvement from the previous year’s net loss of -1.8 million. Investors may see this as a sign of the company’s return to profitability, despite a decrease in revenue. This could be a positive sign for the company’s future prospects, and may be worth considering for investors looking to increase their portfolio.

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