Acacia Research Q2 Adj. EPS $0.13 Beats $(0.10) Estimate, Sales $114.600M Beat $49.500M Estimate
Acacia Research (NASDAQ:ACTG) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $(0.10) by 230 percent. This is a 316.67 percent increase over losses of $(0.06) per share from the same period last year. The company reported quarterly sales of $114.600 million which beat the analyst consensus estimate of $49.500 million by 131.52 percent. This is a 123.67 percent increase over sales of $51.237 million the same period last year.
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