Acacia Research Q2 Adj. EPS $(0.06), Inline, Sales $51.237M Miss $55.000M Estimate
Benzinga Newsdesk 1 year ago
EarningsEarnings MissesNews
Acacia Research (NASDAQ:ACTG) reported quarterly losses of $(0.06) per share which met the analyst consensus estimate. This is a 200 percent decrease over losses of $(0.02) per share from the same period last year. The
Acacia Research (NASDAQ:ACTG) reported quarterly losses of $(0.06) per share which met the analyst consensus estimate. This is a 200 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $51.237 million which missed the analyst consensus estimate of $55.000 million by 6.84 percent. This is a 98.30 percent increase over sales of $25.838 million the same period last year.