Acacia Research (ACTG) Tops Q2 EPS by 22c
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Acacia Research Reports Second Quarter Financial Results and Announces Payment of Quarterly Dividend
July 23, 2015 4:00 PM EDTNEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) (Nasdaq: ACTG) today reported results for the three months ended June 30, 2015.
Revenues for the second quarter of 2015 were $40,336,000, as compared to $50,076,000 in the comparable prior year quarter. Revenues for the six months ended June 30, 2015 were $74,546,000, as compared to $62,654,000 in the comparable prior year period. GAAP net loss for the second quarter of 2015 was $3,686,000, or $0.08 per diluted share, as compared to $12,949,000, or $0.27 per diluted share for the comparable prior year quarter.... More