Acacia Research Reports Third Quarter Financial Results
Acacia Research Corporation (ACTG)
Last acacia research corporation earnings: 8/8 04:00 pm
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US:NASDAQ Investor Relations:
acaciaresearch.com/investor-relations
Company Research
Source: Business Wire
Renewed Focus on Patent Business Yields Encouraging Results NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) (“Acacia” or “the Company”) (Nasdaq: ACTG) today reported results for the three months ended September 30, 2018. Statements from Alfred V. Tobia Jr. and Clifford Press “We took immediate steps to safeguard and enhance Acacia’s corporate assets,” commented Director Alfred V. Tobia Jr. “Cash has been consolidated, verified, and secured in a short-term liquidity program at Morgan Stanley. We addressed critical pending issues in the patent portfolio, resulting in $13.7 million in third quarter revenue, with another $25 million in revenue realized in the fourth quarter already. The appointment of Marc Booth as Chief IP Officer was the first step in rebuilding what we believe is a very viable business.” Clifford Press, Director, added, “Simultaneously, we c
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ACTG
News
- Acacia Research Announces Closing of Benchmark Energy’s Transformative Acquisition in the Western Anadarko BasinBusiness Wire
- Acacia Research Co. (NASDAQ: ACTG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Acacia Research Co. (NASDAQ: ACTG) had its price target raised by analysts at Craig Hallum from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Acacia Research: Positive Developments, Discount To Book Value High Despite Recent Price Spike [Seeking Alpha]Seeking Alpha
- AUR, CDLX and PTGX are among after hour movers [Seeking Alpha]Seeking Alpha
ACTG
Sec Filings
- 4/19/24 - Form DEF
- 4/17/24 - Form 8-K
- 3/25/24 - Form 4
- ACTG's page on the SEC website