Acacia Research Q1 EPS $(0.07) Misses $(0.02) Estimate, Sales $14.80M Miss $16.00M Estimate
Author: Benzinga Newsdesk | May 11, 2023 04:17pm
Acacia Research (NASDAQ:
ACTG) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.02) by 250 percent. This is a 95.65 percent increase over losses of $(1.61) per share from the same period last year. The company reported quarterly sales of $14.80 million which missed the analyst consensus estimate of $16.00 million by 7.48 percent. This is a 9.60 percent increase over sales of $13.51 million the same period last year.
Posted In: ACTG