NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Wednesday reported a loss of $2.7 million in its third quarter.
On a per-share basis, the New York-based company said it had a loss of 3 cents. Losses, adjusted for one-time gains and costs, were 1 cent per share.
The technology patent licensor posted revenue of $59.4 million in the period.
The company’s shares closed at $3.30. A year ago, they were trading at $4.36.
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