Shares of Acacia Research (NASDAQ:ACTG) remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share rose 313.33% year over year to $0.32, which beat the estimate of ($0.02).
Revenue of $19,466,000 rose by 1037.70% year over year, which beat the estimate of $400,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Nov 09, 2020
Time: 11:00 AM
ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2371/38302
Recent Stock Performance
Company's 52-week high was at $4.46
Company's 52-week low was at $1.75
Price action over last quarter: down 12.44%
Company Overview
Acacia Research Corp is engaged in the acquisition, development, and patents technologies through its subsidiaries. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies.
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