Acacia Research (ACTG) Reports Q1 Loss of $0.10, Revenues Miss

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Acacia Research Reports First Quarter Financial Results

May 9, 2019 4:00 PM EDT

Company Closes First Patent Investments since 2016

Completes Reconstitution of Board with Highly Credentialed and Relevant Directors

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) ("Acacia" or "the Company") (Nasdaq: ACTG) today reported results for the three months ended March31, 2019.

Statements from Alfred V. Tobia Jr. and Clifford Press

Acacia continued to execute a disciplined approach to developing its intellectual property business, commented Clifford Press, Director. A crucial initial step was completing the reconstitution of our Board with four highly experienced directors with significant... More