Immersion Q2 2024 Adj EPS $1.14, Up From $0.26 Prior Year; Sales $99.42M, Up From $6.98M Prior Year

On June 10, 2024, the Company closed certain transactions with Barnes & Noble Education, Inc. As part of the transactions, the Company acquired 42% of all outstanding common shares of Barnes & Noble Education, as well as control over Barnes & Noble Education through the five Immersion-appointed board seats. 

The financial information presented includes the consolidated financial information of Barnes & Noble Education from the period of June 10, 2024 through June 30, 2024. The Company owns approximately 11 million shares of Barnes & Noble Education's common stock upon the close of this transaction.