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Stock impact report

Acacia Research Reports Fourth Quarter and Full-Year 2018 Financial Results

Acacia Research Corporation (ACTG) 
Last acacia research corporation earnings: 8/8 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: acaciaresearch.com/investor-relations
Company Research Source: Business Wire
Company Restarts Patent Business Engine with New Engagement Opportunities;Commences Absolute Return Capital Allocation Investment Strategy NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) ("Acacia" or "the Company") (Nasdaq: ACTG) today reported results for the three months and year ended December 31, 2018. “As a result of the actions that we took during the second half of 2018 to revive Acacia’s IP business, we capitalized on three time-sensitive transactions from our legacy portfolio that generated more than $44 million in revenue during the fourth quarter,” commented Director Alfred V. Tobia Jr. “The result is a short-term spike in licensing revenue that could have otherwise been lost. These transactions demonstrate the skills of our licensing team, led by our Chief IP Officer, Marc Booth, and the ongoing value and viability of our IP business. Moreover, the Show less Read more
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