NEWPORT BEACH, Calif. (AP) _ Acacia Research Corp. (ACTG) on Monday reported a loss of $5.8 million in its second quarter.
The Newport Beach, California-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, were 4 cents per share.
The technology patent licensor posted revenue of $5.5 million in the period.
Acacia Research expects full-year revenue of $25 million.
In the final minutes of trading on Monday, the company's shares hit $2.95. A year ago, they were trading at $3.75.