Acacia Research: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 07:35 AM ET
Last Updated - Dec 16, 2024, 05:30 PM EST
NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Tuesday reported a loss of $14 million in its third quarter.
The New York-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring costs, came to 9 cents per share.
The technology patent licensor posted revenue of $23.3 million in the period.
The company's shares closed at $4.73. A year ago, they were trading at $3.61.
