Welcome to our dedicated page for Acacia Research news (Ticker: ACTG), a resource for investors and traders seeking the latest updates and insights on Acacia Research stock.
Acacia Research Corporation reports developments tied to its role as a value-oriented acquirer and operator of businesses across industrial, energy and technology markets. Its updates commonly cover operating and financial results, capital allocation, acquisition activity, and governance matters for a public company traded on Nasdaq under the symbol ACTG.
Company news also describes segment-level activity across Energy Operations, Industrial Operations, Manufacturing Operations and Intellectual Property Operations. Recurring references include Benchmark, Printronix, Deflecto and Acacia Research Group, along with earnings releases, conference presentations, operating-business performance and balance-sheet themes.
Acacia Research Corporation (ACTG) will release its Q1 2021 financial results on May 17, 2021, at 8:00 a.m. ET. A conference call to discuss these results will follow at 11:00 a.m. ET. Investors can access the call by dialing (877) 407-0778 (U.S. and Canada) or (201) 689-8565 (international), with a simultaneous webcast on the company's website. Founded in 1993, Acacia focuses on investing in Intellectual Property Assets, partnering with inventors to maximize the financial value of patents.
Acacia Research Corporation (Nasdaq: ACTG) reported its financial results for the year ending December 31, 2020. The company completed a significant acquisition of life science assets valued at over $117.5 million, funded by $282.3 million, and recouped $188.5 million by selling some holdings. As of December 31, 2020, gross revenues reached $29.8 million, while GAAP net income surged to $88.5 million, or $1.54 per diluted share, up from a loss of $(20.4 million) the previous year. Cash reserves increased to $274.6 million, while book value climbed to $292.5 million.
Acacia Research Corporation (NASDAQ: ACTG) is set to release its fourth quarter and year-end 2020 financial results on March 29, 2021, at 8:00 a.m. ET. A conference call will follow at 11:00 a.m. ET to discuss the results. Investors can access the call at (877) 407-0778 in the U.S. and (201) 689-8565 internationally, or via webcast. Founded in 1993, Acacia specializes in investing in Intellectual Property Assets.
Acacia Research Corporation (Nasdaq: ACTG) reported Q3 2020 results, achieving $19.5 million in gross revenues and a GAAP net income of $29.2 million, or $0.32 per diluted share. This reflects a significant turnaround from a net loss of $(7.6 million) last year. Cash and short-term investments rose to $303.1 million from $184.0 million in Q2. CEO Clifford Press noted the recovery of two-thirds of their purchase price from the Woodford portfolio acquisition. A shelf registration statement on Form S-3 is expected to be filed to facilitate a rights offering for stockholders.
Acacia Research Corporation (ACTG) will release its third quarter financial results on November 9, 2020, at 8:00 a.m. ET. A conference call to discuss these results will follow at 11:00 a.m. ET. Investors can access the call by dialing (877) 407-0778 for U.S. participants or (201) 689-8565 internationally. The call will also be available via webcast on Acacia's investor relations website. Founded in 1993, Acacia focuses on maximizing the value of intellectual property assets through partnerships with inventors and patent owners.