Acacia Research (ACTG) Reports Q3 EPS of $0.32

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Go back to Acacia Research (ACTG) Reports Q3 EPS of $0.32

Acacia Research Reports Third Quarter 2020 Financial Results

November 9, 2020 8:20 AM EST

Company Fully Engaged in Executing Strategic Transactions in Collaboration with Starboard

NEW YORK--(BUSINESS WIRE)-- Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three-month period ended September 30, 2020.

Clifford Press, Chief Executive Officer, stated, Since announcing our acquisition of the Woodford portfolio in June, we have completed dispositions that have recovered two-thirds of our purchase price. We continue to hold substantial value in the securities of public and private companies remaining in the portfolio.

Holdings of the securities of life sciences companies in the Woodford portfolio as of September 30, 2020... More