Acacia Research (ACTG) Reports Q1 Loss of $2.81/sh

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Go back to Acacia Research (ACTG) Reports Q1 Loss of $2.81/sh

Acacia Research Reports First Quarter 2021 Financial Results

May 17, 2021 8:17 AM EDT

NEW YORK--(BUSINESS WIRE)-- Acacia Research Corporation (NASDAQ: ACTG) today reported results for the three-month period ended March 31, 2021.

Clifford Press, Chief Executive Officer, stated, Our defined process, in collaboration with Starboard Value LP, to evaluate new strategic opportunities is ongoing, and we continue to methodically evaluate potential acquisitions. Our focus remains the small-cap value sector with the goal of acquiring operating companies in the mature technology, healthcare, industrial and certain financial services segments. Our ongoing IP investments have resulted in a balanced portfolio, positioned to capitalize both on soft licensing and... More