Acacia Research Reports First Quarter Financial Results
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Acacia Research (ACTG) Reports Q1 Loss of $0.10, Revenues Miss
May 9, 2019 4:01 PM EDTAcacia Research (NASDAQ: ACTG) reported Q1 EPS of ($0.10), versus $0.26 reported last year. Revenue for the quarter came in at $3.38 million versus the consensus estimate of $49.2 million.
Acacia continued to execute a disciplined approach to developing its intellectual property business, commented Clifford Press, Director. A crucial initial step was completing the reconstitution of our Board with four highly experienced directors... More
