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
Acacia Research made more money than experts predicted—earning $0.13 per share instead of losing money, and sales were way bigger too. When a company beats expectations by this much, it suggests the business is doing better than people thought.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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