Acacia Research: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Thursday reported a loss of $21.2 million in its second quarter.
The New York-based company said it had a loss of 36 cents per share. Losses, adjusted for non-recurring costs, came to 9 cents per share.
The technology patent licensor posted revenue of $7.9 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $3.92. A year ago, they were trading at $5.01.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACTG at https://www.zacks.com/ap/ACTG
