Acacia Research Reports Fourth Quarter 2023 Financial Results [Yahoo! Finance]
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
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Source: Yahoo! Finance
Agreement to Acquire Cash Flow-Generating Oil and Gas Assets with a Goal of Driving Book Value per Share NEW YORK, March 14, 2024 BUSINESS WIRE )--Acacia Research Corporation (Nasdaq: ACTG) ("Acacia" or the "Company") today reported financial results for the three months and full year ended December 31, 2023. Martin ("MJ") D. McNulty, Jr., Chief Executive Officer, stated, "Through the last quarter of 2023 and into the beginning of 2024 we continued to meaningfully advance our business strategy in an effort to drive earnings and book value per share growth in disciplined and unique ways. For example, in the fourth quarter our Intellectual Property team generated $82 million in gross revenue from its WiFi-6 licensing initiatives. We were able to commit a portion of this income as well as proceeds from the sale of a life science asset into a highly attractive near-team addition to our oil and gas business, which we expect to close in Q2. We expect to execute on additional acquisition
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News
- 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
- 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
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