Acacia Research Corporation (ACTG)
Sector • Conglomerates Industry • Conglomerates |
Industry • Conglomerates |
Sector • Conglomerates |
EPS deteriorated while revenue truly advanced the Acacia Research Corporation all along the financial span closing Dec 31 2021
ACTG delivered fourth quarter of 2021 operating surplus of $31.299 million
Published 2022-04-06T07:07:33+00:00
Goran Soko / CSIMarket.com Contributer

compared to the preceding quarter profits grew by 23.2 % from $0.86 per share and Revenue doubled by 3898.862 % from $1.58 million.
Earnings of $174.573 million in the most recent fiscal period increased by 160.98 % from net earnings of $66.891 million reported in the most recent fiscal period a year ago. Acacia Research Corporation shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 275.95%.
ACTG delivered net deficit of $-118.91 million and revenue of $59.22 million for the financial 12 Months 2022.
Conglomerates company also said that, its eps were at $-3.13 compared to $1.91 in the preceding financial year, while Revenue Tumbled by -32.74 % from $88.05 million a year prior.
Acacia Research Corporation is expected to report next financial earnings on August 10, 2023.