Acacia Research (ACTG) Reports Q3 Loss of $0.03

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Go back to Acacia Research (ACTG) Reports Q3 Loss of $0.03

Acacia Research Reports Third Quarter Financial Results

November 12, 2019 8:00 AM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Acacia Research Corporation(1) ("Acacia" or "the Company") (Nasdaq: ACTG) today reported results for the three and nine months ended September 30, 2019.

Clifford Press, Chief Executive Officer, stated, The systematic restructuring of Acacia is now complete and we can commence a focused strategy to diversify our business and augment our portfolio of intellectual property assets. The opportunities for a well-capitalized IP manager to partner with leading technology companies in the current market environment are so significant that Al Tobia and I will now focus our full attention on Acacia.... More