• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Immersion Corporation Reports Fourth Quarter 2022 Results

    2/22/23 9:00:00 AM ET
    $IMMR
    $VSH
    Computer peripheral equipment
    Technology
    Electrical Products
    Technology
    Get the next $IMMR alert in real time by email

    GAAP Net Income of $19.7 million or $0.60 per diluted share

    Non-GAAP Net Income of $14.8 million or $0.45 per diluted share

    Declares Quarterly Dividend

    Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported financial results for the fourth quarter ended December 31, 2022.

    Fourth Quarter Financial Summary:

    • Total revenues of $9.2 million, compared to $9.7 million in the fourth quarter of 2021. Royalty and license revenues were $9.1 million, compared to $9.7 million in the fourth quarter of 2021.
    • GAAP net income was $19.7 million, or $0.60 per diluted share, compared to GAAP net income of $1.3 million, or $0.04 per diluted share, in the fourth quarter of 2021.
    • GAAP operating expenses of $3.4 million declined 14% from $3.9 million in the fourth quarter of 2021. Non-GAAP operating expenses of $2.6 million declined 21% from $3.2 million in the fourth quarter of 2021. (See attached table for a reconciliation of GAAP to non-GAAP financial measures.)
    • Non-GAAP net income was $14.8 million, or $0.45 per diluted share, compared to non-GAAP net income of $5.8 million, or $0.17 per diluted share in the fourth quarter of 2021.

    Fiscal Year 2022 Financial Summary:

    • Revenues for 2022 were $38.5 million, compared to $35.1 million in 2021. Royalty and license revenues for 2022 totaled $38.2 million, compared to $34.7 million in 2021.
    • Net income for 2022 was $30.7 million, or $0.92 per diluted share, compared to net income of $12.5 million, or $0.39 per diluted share, for 2021.
    • Non-GAAP net income for 2022 was $29.4 million, or $0.88 per diluted share, compared to non-GAAP net income for 2021 of $20.6 million, or $0.65 per diluted share.
    • Cash, cash equivalents and short-term investments were $149.7 million as of December 31, 2022, an increase of $11.8 million from $137.9 million as of December 31, 2021.
    • Repurchased 2,542,065 shares in 2022 (7.4% of shares outstanding at December 31, 2021) at an average price of $5.20 per share.
    • Approved first quarterly dividend of $0.03 cents per share as well as a one-time special dividend of $0.10 cents per share, both of which were paid out on January 30, 2023.

    Eric Singer, Chairman & CEO, stated, "By any measure, this was a successful quarter and year for Immersion. We improved our cash, cash equivalents and short-term investments sequentially by $16 million and ended the year with $157.7 million in stockholder equity, or $4.86 per share."

    "We are focused on protecting our intellectual property through the execution of new license agreements, the renewal of existing agreements, and by proactive enforcement. We also continue to pursue thoughtful capital allocation to increase long-term shareholder value, including, but not limited to, our $50 million stock repurchase program. Today, we are pleased to declare our second consecutive quarterly dividend of $0.03 cents per share," said Singer.

    The second quarterly dividend will be paid on April 28, 2023 to shareholders of record on April 13, 2023. Future quarterly dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to adjust or withdraw the quarterly dividend in future periods as it reviews the Company's capital allocation strategy from time-to-time. In addition, the Company's current stock repurchase program allows for the repurchase of shares with an aggregate value of up to $50 million.

    Recent Business Highlights:

    • Signed a license agreement with Vishay Intertechnology, Inc. (NYSE:VSH) to bundle Immersion haptic patent licenses for purchasers of Vishay's solenoid-based haptic actuators, streamlining the design-in process for Vishay's game-changing technology.
    • Renewed a multi-year license with Dongwoon Anatech, which creates analog integrated circuits (ICs) for phones, wearables, and other electronic devices, to make our haptic patent licenses available to mobile phone, wearable, and PC OEMs through Dongwoon.

    About Immersion

    Immersion Corporation (NASDAQ:IMMR) is a leading innovator of touch feedback technology, also known as haptics. The company invents, accelerates, and scales haptic experiences by providing technology solutions for mobile, automotive, gaming, and consumer electronics. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users' sense of touch. Learn more at www.immersion.com.

    Use of Non-GAAP Financial Measures

    Immersion reports all financial information required in accordance with generally accepted accounting principles (GAAP), but it believes that evaluating its ongoing operating results may be difficult to understand if limited to reviewing only GAAP financial measures. Immersion discloses this non-GAAP information, such as Non-GAAP net income, Non-GAAP operating expenses and Non-GAAP net income per diluted share because it is useful in understanding the company's performance as it excludes certain non-cash expenses like stock-based compensation expense and other special charges, such as deferred tax assets valuation allowance, depreciation and restructuring costs, that many investors feel may obscure the company's true operating performance. Likewise, management uses these non-GAAP financial measures to manage and assess the profitability of its business. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the Company's reported results under GAAP. The non-GAAP financial measures are not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. Such non-GAAP financial measures are reconciled to their closest GAAP financial measures in tables contained in this press release.

    Forward-looking Statements

    This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The forward-looking statements involve risks and uncertainties. Forward-looking statements are identified by words such as "anticipates," "believes," "expects," "intends," "may," "can," "will," "places," "estimates," and other similar expressions. However, these words are not the only way we identify forward-looking statements. Examples of forward-looking statements include any expectations, projections, or other characterizations of future events, or circumstances, including but not limited to statements about the Company's focus on protecting its intellectual property, either through the execution of new or renewal license agreements or by proactive enforcement continuing to pursue thoughtful capital allocation to increase long-term shareholder value, and the timing of any dividend payments.

    Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Actual results could differ materially from those projected in the forward-looking statements, therefore we caution you not to place undue reliance on these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the inability to predict the outcome of any litigation, the costs associated with any litigation and the risks related to our business, both direct and indirect, of initiating litigation, the effects of the COVID-19 global pandemic on the Company and its business, and on the business of its suppliers and customers; unanticipated changes in the markets in which the Company operates; the effects of the current macroeconomic climate (especially in light of the ongoing adverse effects of the COVID-19 global pandemic); delay in or failure to achieve adoption of or commercial demand for the Company's products or third party products incorporating the Company's technologies; the inability of Immersion to renew existing licensing arrangements, or enter into new licensing arrangements on favorable terms; the loss of a major customer; the ability of Immersion to protect and enforce its intellectual property rights and other factors. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in Immersion's Annual Report on Form 10-K for 2021 and in its most recent Quarterly Report on Form 10-Q which are on file with the U.S. Securities and Exchange Commission. Any forward-looking statements made by us in this press release speak only as of the date of this press release, and Immersion does not intend to update these forward-looking statements after the date of this press release, except as required by law.

    Immersion, and the Immersion logo are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners. The use of the word "partner" or "partnership" in this press release does not mean a legal partner or legal partnership.

    (IMMR – C)

    Immersion Corporation

    Condensed Consolidated Balance Sheets

    (In thousands)

    (Unaudited)

     

     

    December 31,

    2022

     

    December 31,

    2021

     

    (1)

     

    (1)

    ASSETS

     

     

     

    Cash and cash equivalents

    $

    48,820

     

     

    $

    51,490

     

    Investments-current

     

    100,918

     

     

     

    86,431

     

    Accounts and other receivables

     

    1,235

     

     

     

    1,970

     

    Prepaid expenses and other current assets

     

    9,347

     

     

     

    13,432

     

    Total current assets

     

    160,320

     

     

     

    153,323

     

    Property and equipment, net

     

    293

     

     

     

    444

     

    Investments-noncurrent

     

    17,040

     

     

     

    7,286

     

    Long-term deposits

     

    4,324

     

     

     

    9,658

     

    Deferred tax assets

     

    7,217

     

     

     

    2,115

     

    Other assets

     

    916

     

     

     

    2,694

     

    TOTAL ASSETS

    $

    190,110

     

     

    $

    175,520

     

    LIABILITIES

     

     

     

    Accounts payable

    $

    86

     

     

    $

    2

     

    Accrued compensation

     

    2,029

     

     

     

    555

     

    Deferred revenue-current

     

    4,766

     

     

     

    4,826

     

    Other current liabilities

     

    12,465

     

     

     

    11,247

     

    Total current liabilities

     

    19,346

     

     

     

    16,630

     

    Deferred revenue - noncurrent

     

    12,629

     

     

     

    16,699

     

    Other long-term liabilities

     

    435

     

     

     

    896

     

    Total liabilities

     

    32,410

     

     

     

    34,225

     

    STOCKHOLDERS' EQUITY

     

    157,700

     

     

     

    141,295

     

    TOTAL LIABILITIES & STOCKHOLDERS' EQUITY

    $

    190,110

     

     

    $

    175,520

     

    (1) Derived from Immersion's annual audited consolidated financial statements.

    Immersion Corporation

    Condensed Consolidated Statements of Income

    (In thousands, except per share amounts)

    (Unaudited)

     

     

    Three Months Ended

    December 31,

     

    Years Ended

    December 31,

     

    2022

     

    2021

     

    2022

     

    2021

     

    (1)

     

    (1)

     

    (2)

     

    (2)

    Revenues:

     

     

     

     

     

     

     

    Royalty and license

    $

    9,099

     

     

    $

    9,672

     

     

    $

    38,178

     

     

    $

    34,689

     

    Development, services, and other

     

    65

     

     

     

    75

     

     

     

    283

     

     

     

    400

     

    Total revenues

     

    9,164

     

     

     

    9,747

     

     

     

    38,461

     

     

     

    35,089

     

    Costs and expenses:

     

     

     

     

     

     

     

    Cost of revenues

     

    —

     

     

     

    10

     

     

     

    4

     

     

     

    88

     

    Sales and marketing

     

    229

     

     

     

    498

     

     

     

    1,215

     

     

     

    3,241

     

    Research and development

     

    262

     

     

     

    708

     

     

     

    1,380

     

     

     

    4,150

     

    General and administrative

     

    2,892

     

     

     

    2,729

     

     

     

    11,442

     

     

     

    9,835

     

    Total costs and expenses

     

    3,383

     

     

     

    3,945

     

     

     

    14,041

     

     

     

    17,314

     

    Operating Income

     

    5,781

     

     

     

    5,802

     

     

     

    24,420

     

     

     

    17,775

     

    Interest and other income (loss), net

     

    8,958

     

     

     

    (647

    )

     

     

    2,545

     

     

     

    (485

    )

    Income before benefit from (provision for) income taxes

     

    14,739

     

     

     

    5,155

     

     

     

    26,965

     

     

     

    17,290

     

    Benefit from (provision for) income taxes

     

    4,963

     

     

     

    (3,819

    )

     

     

    3,699

     

     

     

    (4,806

    )

    Net Income

    $

    19,702

     

     

    $

    1,336

     

     

    $

    30,664

     

     

    $

    12,484

     

    Basic net income per share

    $

    0.61

     

     

    $

    0.04

     

     

    $

    0.92

     

     

    $

    0.40

     

    Shares used in calculating basic net income per share

     

    32,327

     

     

     

    33,735

     

     

     

    33,280

     

     

     

    31,459

     

    Diluted net income per share

    $

    0.60

     

     

    $

    0.04

     

     

    $

    0.92

     

     

    $

    0.39

     

    Shares used in calculating diluted net income per share

     

    32,584

     

     

     

    33,851

     

     

     

    33,508

     

     

     

    31,769

     

    (1) unaudited quarterly financial data

    (2) Derived from audited annual consolidated financial statements

    Immersion Corporation

    Reconciliation of GAAP Net Income to Non-GAAP Net Income

    (In thousands, except per share amounts)

    (Unaudited)

     

     

    Three Months Ended

    December 31,

     

    Years Ended

    December 31,

     

     

    2022

     

     

     

    2021

     

     

     

    2022

     

     

     

    2021

     

    GAAP net income

    $

    19,702

     

     

    $

    1,336

     

     

    $

    30,664

     

     

    $

    12,484

     

    Add: Provision for (benefit for) income taxes

     

    (4,963

    )

     

     

    3,819

     

     

     

    (3,699

    )

     

     

    4,806

     

    Less: Non-GAAP provision for income taxes

     

    (746

    )

     

     

    (66

    )

     

     

    (1,408

    )

     

     

    (205

    )

    Add: Stock-based compensation

     

    756

     

     

     

    341

     

     

     

    3,417

     

     

     

    2,338

     

    Add: Restructuring expense

     

    —

     

     

     

    78

     

     

     

    —

     

     

     

    690

     

    Add: Depreciation and amortization of property and equipment

     

    45

     

     

     

    24

     

     

     

    140

     

     

     

    99

     

    Other nonrecurring charges

     

    27

     

     

     

    269

     

     

     

    322

     

     

     

    369

     

    Non-GAAP net income

    $

    14,821

     

     

    $

    5,801

     

     

    $

    29,436

     

     

    $

    20,581

     

    Non-GAAP net income per diluted share

    $

    0.45

     

     

    $

    0.17

     

     

    $

    0.88

     

     

    $

    0.65

     

    Shares used in calculating Non-GAAP net income per diluted share

     

    32,584

     

     

     

    33,851

     

     

     

    33,508

     

     

     

    31,769

     

    Immersion Corporation

    Disaggregated Revenue Information

    (In thousands)

    (Unaudited)

     

     

    Three Months Ended

    December 31,

     

    Years Ended

    December 31,

     

    2022

     

    2021

     

    2022

     

    2021

    Fixed fee license revenue

    $

    1,300

     

    $

    1,497

     

    $

    11,953

     

    $

    5,843

    Per-unit royalty revenue

     

    7,799

     

     

    8,175

     

     

    26,225

     

     

    28,846

    Total royalty and license revenue

     

    9,099

     

     

    9,672

     

     

    38,178

     

     

    34,689

    Development, services, and other revenue

     

    65

     

     

    75

     

     

    283

     

     

    400

    Total revenues

    $

    9,164

     

    $

    9,747

     

    $

    38,461

     

    $

    35,089

    Immersion Corporation

    Revenue by Line of Business

    (Unaudited)

     

     

    Three Months Ended

    December 31,

     

    Years Ended

    December 31,

     

    2022

     

    2021

     

    2022

     

    2021

    Mobility

    39

    %

     

    50

    %

     

    60

    %

     

    60

    %

    Gaming

    30

    %

     

    18

    %

     

    21

    %

     

    21

    %

    Automotive

    26

    %

     

    32

    %

     

    13

    %

     

    19

    %

    Other

    5

    %

     

    —

    %

     

    6

    %

     

    —

    %

    Total revenues

    100

    %

     

    100

    %

     

    100

    %

     

    100

    %

    Immersion Corporation

    Reconciliation of GAAP Operating Expenses to Non-GAAP Operating Expenses

    (In thousands)

    (Unaudited)

     

     

    Three Months Ended

    December 31,

     

    Years Ended

    December 31,

     

     

    2022

     

     

     

    2021

     

     

     

    2022

     

     

     

    2021

     

    GAAP operating expenses

    $

    3,383

     

     

    $

    3,935

     

     

    $

    14,037

     

     

    $

    17,226

     

    Adjustments to GAAP operating expenses:

     

     

     

     

     

     

     

    Stock-based compensation expense - S&M

     

    (41

    )

     

     

    (67

    )

     

     

    (61

    )

     

     

    (745

    )

    Stock-based compensation expense - R&D

     

    (21

    )

     

     

    (89

    )

     

     

    (117

    )

     

     

    (742

    )

    Stock-based compensation expense - G&A

     

    (694

    )

     

     

    (185

    )

     

     

    (3,239

    )

     

     

    (851

    )

    Restructuring expense

     

    —

     

     

     

    (78

    )

     

     

    —

     

     

     

    (690

    )

    Depreciation and amortization expense of property and equipment

     

    (45

    )

     

     

    (24

    )

     

     

    (140

    )

     

     

    (99

    )

    Other nonrecurring charges

     

    (27

    )

     

     

    (269

    )

     

     

    (322

    )

     

     

    (369

    )

    Non-GAAP operating expenses

    $

    2,555

     

     

    $

    3,223

     

     

    $

    10,158

     

     

    $

    13,730

     

     

    View source version on businesswire.com: https://www.businesswire.com/news/home/20230222005224/en/

    Get the next $IMMR alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $IMMR
    $VSH

    CompanyDatePrice TargetRatingAnalyst
    Vishay Intertechnology Inc.
    $VSH
    12/16/2024$19.00Neutral
    Analyst
    Vishay Intertechnology Inc.
    $VSH
    8/8/2024$24.00 → $22.00Hold
    TD Cowen
    Immersion Corporation
    $IMMR
    2/6/2023$11.00Buy
    BWS Financial
    Immersion Corporation
    $IMMR
    11/4/2021Buy → Neutral
    Colliers Securities
    More analyst ratings

    $IMMR
    $VSH
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Analyst initiated coverage on Vishay with a new price target

      Analyst initiated coverage of Vishay with a rating of Neutral and set a new price target of $19.00

      12/16/24 6:49:33 AM ET
      $VSH
      Electrical Products
      Technology
    • TD Cowen reiterated coverage on Vishay with a new price target

      TD Cowen reiterated coverage of Vishay with a rating of Hold and set a new price target of $22.00 from $24.00 previously

      8/8/24 7:41:00 AM ET
      $VSH
      Electrical Products
      Technology
    • BWS Financial initiated coverage on Immersion with a new price target

      BWS Financial initiated coverage of Immersion with a rating of Buy and set a new price target of $11.00

      2/6/23 9:14:42 AM ET
      $IMMR
      Computer peripheral equipment
      Technology

    $IMMR
    $VSH
    SEC Filings

    See more
    • SEC Form SD filed by Vishay Intertechnology Inc.

      SD - VISHAY INTERTECHNOLOGY INC (0000103730) (Filer)

      5/27/25 4:02:32 PM ET
      $VSH
      Electrical Products
      Technology
    • Vishay Intertechnology Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

      8-K - VISHAY INTERTECHNOLOGY INC (0000103730) (Filer)

      5/20/25 4:19:29 PM ET
      $VSH
      Electrical Products
      Technology
    • SEC Form 13F-HR filed by Immersion Corporation

      13F-HR - IMMERSION CORP (0001058811) (Filer)

      5/15/25 3:03:13 PM ET
      $IMMR
      Computer peripheral equipment
      Technology

    $IMMR
    $VSH
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Strategy Officer Martin William C covered exercise/tax liability with 68,400 shares, decreasing direct ownership by 5% to 1,352,900 units (SEC Form 4)

      4 - IMMERSION CORP (0001058811) (Issuer)

      7/3/25 5:03:48 PM ET
      $IMMR
      Computer peripheral equipment
      Technology
    • President and CEO Singer Eric covered exercise/tax liability with 113,132 shares, decreasing direct ownership by 5% to 1,966,835 units (SEC Form 4)

      4 - IMMERSION CORP (0001058811) (Issuer)

      7/2/25 5:25:54 PM ET
      $IMMR
      Computer peripheral equipment
      Technology
    • Chief Financial Officer Dodson J Michael sold $44,585 worth of shares (5,921 units at $7.53), decreasing direct ownership by 13% to 39,132 units (SEC Form 4)

      4 - IMMERSION CORP (0001058811) (Issuer)

      6/16/25 2:04:58 PM ET
      $IMMR
      Computer peripheral equipment
      Technology

    $IMMR
    $VSH
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Cody Michael J bought $3,868 worth of shares (250 units at $15.47), increasing direct ownership by 0.42% to 60,419 units (SEC Form 4)

      4 - VISHAY INTERTECHNOLOGY INC (0000103730) (Issuer)

      6/13/25 4:27:57 PM ET
      $VSH
      Electrical Products
      Technology
    • Director Cody Michael J bought $56,420 worth of shares (3,500 units at $16.12), increasing direct ownership by 6% to 60,169 units (SEC Form 4)

      4 - VISHAY INTERTECHNOLOGY INC (0000103730) (Issuer)

      6/11/25 5:51:15 PM ET
      $VSH
      Electrical Products
      Technology
    • EVP, COO Semiconductors & CTO Shoshani Roy bought $149,525 worth of shares (10,000 units at $14.95), increasing direct ownership by 10% to 106,550 units (SEC Form 4)

      4 - VISHAY INTERTECHNOLOGY INC (0000103730) (Issuer)

      5/13/25 7:02:57 PM ET
      $VSH
      Electrical Products
      Technology

    $IMMR
    $VSH
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Vishay Intertechnology NTC Immersion Thermistor Delivers Fast 1.5 s Response Time for Liquid-Cooled Automotive Systems

      MALVERN, Pa., July 02, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today introduced a new AEC-Q200 qualified NTC immersion thermistor. Featuring a miniature design with a compact sensor tip and thin insulated wire, the Vishay BCcomponents NTCAIMM66H is ideal for the small spaces of liquid-cooled automotive systems, where it provides a fast 1.5 s response time to temperature changes. The rugged device released today consists of a miniature NTC thermistor mounted in a stainless steel 316L housing with lead (Pb)-free brass, and 0.35 mm² AWG#22 insulated lead wires with a FLR2X construction that enables a traction force higher than 30 N. These wires allow for direct crimp

      7/2/25 11:00:00 AM ET
      $VSH
      Electrical Products
      Technology
    • Vishay Intertechnology CHA Series of AEC-Q200 Qualified Thin Film Chip Resistors Now Available in 0402 Case Size

      MALVERN, Pa., June 25, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today announced that it has expanded its CHA series of AEC-Q200 qualified thin film chip resistors with new devices in the 0402 case size. Available with a wide range of resistance values from 10 Ω to 500 Ω, CHA0402 resistors provide high frequency performance up to 50 GHz for automotive, telecom, medical, space, avionics, and military applications. Now available in the 02016 and 0402 case sizes, CHA series devices offer very low internal reactance and exhibit behavior close to a pure resistor over their large frequency range, with a nearly flat Z/R curve to 70 GHz and 50 GHz, respectively. The microwa

      6/25/25 11:00:00 AM ET
      $VSH
      Electrical Products
      Technology
    • Vishay Intertechnology AC03-CS Series Axial Cemented, Leaded Wirewound Safety Resistors Now Available With WSZ Lead Form

      MALVERN, Pa., June 11, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today announced that its AC03-CS series of axial cemented, leaded wirewound safety resistors is now available with a pick and place friendly lead bending option, the WSZ lead form, which allows the devices to be used as surface-mount components to reduce assembly time and lower costs. Vishay Draloric AC03-CS series resistors act as inrush current limiting resistors during normal operation and serve as pre-charge, discharge, and snubber resistors. The devices are designed to ensure safe and silent fusing in automotive electronics, energy meters, and power supplies for industrial drives and consumer appl

      6/11/25 11:00:00 AM ET
      $VSH
      Electrical Products
      Technology

    $IMMR
    $VSH
    Leadership Updates

    Live Leadership Updates

    See more
    • Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

      12/6/24 6:29:00 PM ET
      $AMTM
      $APO
      $CMA
      $CRI
      Investment Managers
      Finance
      Major Banks
      Apparel
    • Barnes & Noble Education Shareholders Approve Milestone Equity and Refinancing Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

      BNED to Receive $95 Million of New Equity Capital Through $50 Million Equity Investment and $45 Million Fully Backstopped Equity Rights Offering Led by Immersion Corporation Converts Approximately $34 Million of Second Lien Debt to Equity Shareholders Approve Seven Directors to Serve on Board of Directors Barnes & Noble Education, Inc. (NYSE:BNED) ("BNED" or the "Company"), a leading solutions provider for the education industry, today announced that its shareholders have voted to approve its previously announced equity and refinancing transactions with Immersion Corporation (NASDAQ:IMMR) ("Immersion"), and certain of the Company's existing shareholders and strategic relationships (co

      6/5/24 4:30:00 PM ET
      $BNED
      $IMMR
      Other Specialty Stores
      Consumer Discretionary
      Computer peripheral equipment
      Technology
    • Vishay Intertechnology Appoints David McConnell Chief Financial Officer

      MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position. In addition, David Tomlinson, Senior Vice President - Corporate Controller, has been promoted by the Board to the newly created role of Senior Vice President - Chief Accounting Officer reporting to Mr. McConnell. The new positions of Mr. McConnell and Mr. Tomlinson will take effect on March 1, 2024.     "The appointment of Dave McConnell as

      2/27/24 4:15:00 PM ET
      $VSH
      Electrical Products
      Technology

    $IMMR
    $VSH
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Immersion Corporation

      SC 13G/A - IMMERSION CORP (0001058811) (Subject)

      11/13/24 3:44:19 PM ET
      $IMMR
      Computer peripheral equipment
      Technology
    • Amendment: SEC Form SC 13G/A filed by Vishay Intertechnology Inc.

      SC 13G/A - VISHAY INTERTECHNOLOGY INC (0000103730) (Subject)

      11/12/24 5:57:07 PM ET
      $VSH
      Electrical Products
      Technology
    • Amendment: SEC Form SC 13G/A filed by Vishay Intertechnology Inc.

      SC 13G/A - VISHAY INTERTECHNOLOGY INC (0000103730) (Subject)

      11/4/24 1:56:37 PM ET
      $VSH
      Electrical Products
      Technology

    $IMMR
    $VSH
    Financials

    Live finance-specific insights

    See more
    • Vishay Intertechnology Declares Quarterly Dividend

      MALVERN, Pa., May 20, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH), one of the world's largest manufacturers of discrete semiconductors and passive components, announced today that the Company's Board of Directors declared a dividend of $0.10 per share of common stock and Class B common stock, to be paid June 27, 2025 to stockholders of record as of the close of business June 18, 2025. Future dividends will be subject to Board approval. About VishayVishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunic

      5/20/25 4:15:23 PM ET
      $VSH
      Electrical Products
      Technology
    • Vishay Intertechnology Reports First Quarter 2025 Results

      MALVERN, Pa., May 07, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive electronic components, today announced results for the fiscal first quarter ended March 29, 2025. Highlights 1Q 2025 revenues of $715.2 millionGross margin was 19.0% and included the negative impact of approximately 200 basis points related to the addition of Newport1Q 2025 loss per share of ($0.03)1Q 2025 book-to-bill of 1.08 with book-to-bill of 1.12 for semiconductors and 1.04 for passive componentsBacklog at quarter end was 4.7 months "Market signals, which continued from the fourth quarter, indicate that muc

      5/7/25 7:15:00 AM ET
      $VSH
      Electrical Products
      Technology
    • Vishay Intertechnology to Announce First Quarter Results on Wednesday, May 7

      MALVERN, Pa., April 15, 2025 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE:VSH), will release its results for the fiscal first quarter ended March 29, 2025, before the New York Stock Exchange opens on Wednesday, May 7, 2025. A conference call to discuss Vishay's first quarter financial results is scheduled for Wednesday, May 7, 2025 at 9:00 a.m. ET. To participate in the live conference call, please pre-register at https://register.vevent.com/register/BI5b9245def09d4423aad8a7d7a5526751. Upon registering, you will be emailed a dial-in number, and unique PIN. A live audio webcast of the conference call and a PDF copy of the press release and the quarterly presentation will be acc

      4/15/25 4:15:00 PM ET
      $VSH
      Electrical Products
      Technology