Acacia Research (ACTG) Declares $0.125 Quarterly Dividend; 3.8% Yield
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Cowen Trims PT on Acacia Research (ACTG) to $20; Q4 Miss Slight Surprise, Still Plenty Left for FY15
February 20, 2015 7:44 AM ESTCowen and Company affirms Acacia Research (Nasdaq: ACTG) at Outperform and moves its price target from $24 to $20.
RECAP: Thursday night, Acacia Research reported Q4 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $31.03 million versus the consensus estimate of $26.42 million.
Analyst Brian Prohn issued th following commentary:
What To Do From Here
Although ACTG does not provide guidance, our post-call analysis of the company's litigation calendar and management commentary suggest multiple... More
Acacia Research (ACTG) Misses Q4 EPS by 3c
February 19, 2015 4:32 PM ESTAcacia Research (NASDAQ: ACTG) reported Q4 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $31.03 million versus the consensus estimate of $26.42 million.
For earnings history and earnings-related data on Acacia Research (ACTG) click here.
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