US Haptics tech firm Immersion Q1 revenue edges up

Immersion

14/09/2026 14:11

Overview
US haptics tech licensor's fiscal Q1 revenue rose slightly year-over-year
GAAP net income turned positive from a loss in the prior-year period
Non-GAAP net income was nearly flat year-over-year

Outlook
Company did not provide specific guidance for the current quarter or full year

Result Drivers
BNED CONSOLIDATION - Results reflect continued consolidation of Barnes & Noble Education following controlling interest acquisition
STRATEGIC INITIATIVES - Co said it remains focused on executing strategic initiatives to drive long-term shareholder value, per CEO Eric Singer

Company press release: ID:nBw7Z9wl4a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Loss
 
$4.56 mln
 
Q2 Operating Income
 
-$19.98 mln
 
Q2 Pretax Loss
 
$6.69 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the software peer group is "buy"

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)