NEWPORT BEACH, Calif. (AP) _ Acacia Research Corp. (ACTG) on Thursday reported third-quarter net income of $158.5 million.
The Newport Beach, California-based company said it had net income of $3.13 per share. Earnings, adjusted for amortization costs and asset impairment costs, came to $3.31 per share.
The technology patent licensor posted revenue of $36.6 million in the period.
The company's shares closed at $4.25. A year ago, they were trading at $5.95.
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