Acacia Research ACTG reported its Q1 earnings results on Thursday, May 12, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Acacia Research reported an EPS of $-1.61.
Revenue was up $7.70 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 3.99% increase in the share price the next day.
Here's a look at Acacia Research's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.06 | 0.05 | 0.05 |
| EPS Actual | 0.45 | 0.86 | 0.23 | -2.81 |
| Revenue Estimate | 5.00M | 3.75M | 3.75M | 3.75M |
| Revenue Actual | 63.26M | 1.58M | 17.40M | 5.80M |
To track all earnings releases for Acacia Research visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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