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Acacia Research Q4 EPS $(0.50) Down From $0.45 YoY, Sales $13.10M Miss $13.50M Estimate

Author: Benzinga Newsdesk | March 16, 2023 08:16am
Acacia Research (NASDAQ:ACTG) reported quarterly losses of $(0.50) per share. This is a 211.11 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $13.10 million which missed the analyst consensus estimate of $13.50 million by 2.96 percent. This is a 79.29 percent decrease over sales of $63.26 million the same period last year.

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