Detail akcie Immersion Corp online

Business Summary: Immersion Corporation is a developer and provider of technologies for haptics. The Company develops, licenses, and supports a range of software and intellectual property (IP) that fully engage users senses of touch when operating digital devices. The Company offers licenses to its patented technology to its customers and offers its customers enabling software, related tools and technical assistance designed to integrate the Company's patented technology into its customers products or enhance the functionality of its patented technology. The Company's licenses enable its customers to deploy haptically enabled devices, content and other offerings, which they typically sell under their own brand names. It is focused on various target application areas, such as mobile devices, wearables, consumer, mobile entertainment and other content; virtual and augmented reality; console gaming; automotive; medical, and residential, commercial, and industrial Internet of Things.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Immersion Corporation revenues increased from $7.1M to $43.8M. Net income increased from $8.3M to $18.7M. Revenues reflect Fixed fee license revenue segment increase from $1.2M to $38.7M, North America segment increase from $849K to $38.6M, Europe segment increase of 55% to $438K. Net income was partially offset by General & administrative increase from $2.5M to $24.9M (expense).