Acacia Research Stock Gains On Record Q4 Results, New Buyback
Acacia Research Corp (NASDAQ:ACTG) reported fourth-quarter revenues of $63.3 million compared to $4.4 million in 4Q20. The company's Intellectual Property business generated $51.3 million in licensing and other revenue versus $4.4 million last year. Operating income recovered to $31.3 million from a loss of $(6.4) million a year ago. EPS was $0.45 compared…
Benzinga ·
Benzinga
