Acacia Research: Q1 Earnings Insights - Acacia Research (NASDAQ:ACTG)

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.

Acacia Research reported an EPS of $-1.61.

Revenue was up $7.70 million from the same period last year.

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.