This article is about 5 months old

Acacia Research: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Thursday reported a loss of $8.4 million in its second quarter.

The New York-based company said it had a loss of 8 cents per share. Losses, adjusted for non-recurring costs, were 2 cents per share.

The technology patent licensor posted revenue of $25.8 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $4.92. A year ago, they were trading at $3.88.

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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

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