Acacia Research (ACTG) Reports Q2 EPS of $0.23

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Go back to Acacia Research (ACTG) Reports Q2 EPS of $0.23

Acacia Research Reports Second Quarter Financial Results

July 28, 2016 4:01 PM EDT

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) (Nasdaq: ACTG) today reported results for the three months ended June 30, 2016.

Revenues for the second quarter of 2016 were $41,351,000, as compared to $40,336,000 in the comparable prior year quarter. GAAP net loss for the second quarter of 2016, including impairment charges, was $40,573,000, or $0.81 per diluted share, as compared to $3,686,000, or $0.08 per diluted share for the comparable prior year quarter. Non-GAAP net income for the second quarter of 2016 was $11,826,000, or $0.23 per diluted share, as compared to... More