Acacia Research (ACTG) Reports Q4 EPS of $0.41

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Go back to Acacia Research (ACTG) Reports Q4 EPS of $0.41

Acacia Research Reports Fourth Quarter and Full-Year 2018 Financial Results

March 13, 2019 4:00 PM EDT

Company Restarts Patent Business Engine with New Engagement Opportunities;

Commences Absolute Return Capital Allocation Investment Strategy

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) ("Acacia" or "the Company") (Nasdaq: ACTG) today reported results for the three months and year ended December31, 2018.

As a result of the actions that we took during the second half of 2018 to revive Acacias IP business, we capitalized on three time-sensitive transactions from our legacy portfolio that generated more than $44 million in revenue during... More