Acacia Research (ACTG) Tops Q1 EPS by 1c
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Acacia Research Reports First Quarter Financial Results and Announces Payment of Quarterly Dividend
April 23, 2015 4:00 PM EDTNEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) (Nasdaq: ACTG) today reported results for the three months ended March 31, 2015.
Revenues for the first quarter of 2015 were $34,210,000, as compared to $12,578,000 in the comparable prior year quarter. GAAP net loss for the first quarter of 2015 was $13,130,000, or $0.27 per diluted share, as compared to $24,421,000, or $0.51 per diluted share for the comparable prior year quarter. Non-GAAP net income for the first quarter of 2015 was $3,155,000, or $0.06 per diluted share, as compared to a Non-GAAP net loss... More