Acacia Research Reports First Quarter 2024 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
Company Continues to Advance Capital Allocation Strategy NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2024.Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “With the establishment of our strategic partnership with Benchmark Energy, and through its most recent acquisition, we have significantly diversified our portfolio and created a new value-creation platform in the Oil and Gas space. The recent sale of our Arix position completes the divestment of all public life science assets, significantly expanding our capital base which we continue to reallocate into new opportunities.”“Our opportunity set is broad and includes investing in our existing businesses to continue to drive free cash flow, which has increased significantly over the last two quarters, and evaluate other operating companies for potential M&A,” continued Mr. McNulty. “We have a str
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News
- Acacia Research Corporation (NASDAQ:ACTG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Acacia Research First Quarter 2024 Earnings: US$0.002 loss per share (vs US$0.15 profit in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Acacia Research to Release First Quarter 2024 Financial Results on May 9Business Wire
- 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
ACTG
Sec Filings
- 5/20/24 - Form 4
- 5/20/24 - Form 4
- 5/10/24 - Form 10-Q
- ACTG's page on the SEC website