Acacia Research (ACTG) Misses Q3 EPS
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Acacia Research Reports Third Quarter Financial Results
October 25, 2018 4:00 PM EDTRenewed Focus on Patent Business Yields Encouraging Results
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) (Acacia or the Company) (Nasdaq: ACTG) today reported results for the three months ended September30, 2018.
Statements from Alfred V. Tobia Jr. and Clifford Press
We took immediate steps to safeguard and enhance Acacias corporate assets, commented Director Alfred V. Tobia Jr. Cash has been consolidated, verified, and secured in a short-term liquidity program at Morgan Stanley. We addressed critical pending issues in the patent portfolio, resulting in $13.7 million in third... More
