Immersion: Core Licensing Business Not Likely To Attract New Investors, Hold
Portfolio Pulse from
Immersion Corporation's quarterly results were impacted by the consolidation of Barnes & Noble Education, making the numbers appear strong despite a significant drop in core licensing revenues. A special cash dividend of $0.245 per share was declared.
December 18, 2024 | 3:45 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Immersion Corporation's quarterly results were influenced by the consolidation of Barnes & Noble Education, which masked a 70% decline in core licensing revenues. The company declared a special cash dividend of $0.245 per share.
The consolidation of Barnes & Noble Education made Immersion's results appear stronger than they are, hiding a significant decline in core licensing revenues. This could deter new investors. However, the special dividend may provide some short-term support to the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100