Acacia Research Corp
NASDAQ:ACTG

  • LAST PRICE
    5.5800
  • TODAY'S CHANGE (%)
    0.1200 (2.1978%)
  • Bid / Lots
    5.3400/ 1
  • Ask / Lots
    5.7400/ 1
  • Open / Previous Close
    5.4600 / 5.4600
  • Day Range
    5.4200
    5.5900
  • 52 Week Range
    3.4300
    5.7300
  • Volume
    145,496

Search Criteria

Click on magnifying glass icon to search

CompanyCountrySymbol

TD Direct Investing offers more research reports than any other discount brokerage in Canada. Provided from the industry's most trusted sources, our service includes timely, relevant information for the current trading day and comprehensive industry, sector, and insider trading reports for further analysis.

Open a New Account, or Login if you're a client.

  • May 9, 2024

      Show headlines and story abstract

    • 4:23PM ET on Thursday May 09, 2024 by MT Newswires
      Companies Mentioned: ACTG
      04:23 PM EDT, 05/09/2024 (MT Newswires) -- ...

    • 4:06PM ET on Thursday May 09, 2024 by Business Wire
      Companies Mentioned: ACTG

      Acacia Research Corporation (Nasdaq: ACTG) ("Acacia" or the "Company") today reported financial results for the three months ended March 31, 2024.

      Martin ("MJ") D. McNulty, Jr., Chief Executive Officer, stated, "With the establishment of our strategic partnership with Benchmark Energy, and through its most recent acquisition, we have significantly diversified our portfolio and created a new value-creation platform in the Oil and Gas space. The recent sale of our Arix position completes the divestment of all public life science assets, significantly expanding our capital base which we continue to reallocate into new opportunities."

    • 4:06PM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: ACTG
      Total liabilities and stockholders' equity $ 631,725 $ 633,545 =========== ============== ACACIA RESEARCH CORPORATION UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except share and per share data) Three Months Ended March 31, ---------------------------------- 2024 2023 ------------ ----------- Revenues: Intellectual property operations $ 13,623 $ 4,176 Industrial operations 8,841 10,627 Energy operations 1,856 -- ------------ ----------- Total revenues 24,320 14,803 ------------ ----------- Costs and expenses: Cost of revenues - intellectual property operations 7,001 4,738 Cost of revenues - industrial operations 4,049 5,220 Cost of production - energy operations 1,315 -- Engineering and development expenses - industrial operations 134 216 Sales and marketing expenses - industrial operations 1,555 1,913 General and administrative expenses 12,353 12,040 ------------ ----------- Total costs and expenses 26,407 24,127 ------------ ----------- Operating loss (2,087) (9,324) ------------ ----------- Other income (expense): Equity securities investments: Change in fair value of equity securities (26,701) 3,343 Gain (loss) on sale of equity securities 28,861 (1,361) Earnings on equity investment in joint venture -- -- ------------ ----------- Net realized and unrealized gain 2,160 1,982 Legal liability fee (6,243) -- Change in fair value of the Series B warrants and embedded derivatives -- 16,651 (Loss) gain on foreign currency exchange (18) 80 Interest expense on Senior Secured Notes -- (900) Interest income and other, net 4,890 3,441 ------------ ----------- Total other income 789 21,254 ------------ ----------- (Loss) income before income taxes (1,298) 11,930 Income tax benefit (expense) 1,109 (2,483) ------------ ----------- Net (loss) income including noncontrolling interests in subsidiaries (189) 9,447 Net loss attributable to noncontrolling interests in subsidiaries 3 -- ------------ ----------- Net (loss) income attributable to Acacia Research Corporation $ (186) $ 9,447 ============ =========== (Loss) income per share: Net (loss) income attributable to common stockholders - Basic $ (186) $ 5,958 ------------ ----------- Weighted average number of shares outstanding - Basic 99,745,905 47,971,931 ------------ ----------- Basic net income per common share $ 0.00 $ 0.12 ============ =========== Net loss attributable to common stockholders - Diluted $ (186) $ (6,496) ------------ ----------- Weighted average number of shares outstanding - Diluted 99,745,905 89,067,821 ------------ ----------- Diluted net loss per common share $ 0.00 $ (0.07) ============ ===========

    • 4:06PM ET on Thursday May 09, 2024 by Dow Jones
      Companies Mentioned: ACTG

Peers Headlines