Acacia Research Corporation (NASDAQ:ACTG) headquartered in Newport Beach, will host a conference call for the investment community to discuss the 3Q20 financial results on 9th November 2020 at 11:00 AM Eastern Time.
The conference call will also be webcast live under the investor relations section of the website www.acaciaresearch.com
Earnings Expectation
Acacia Research Corporation is reporting third quarter financial results on Monday 9th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, ACTG is expected to report 3Q20 loss of $ 0.02 per share from revenue of $ 0.40 million. For the full year, analysts anticipate top line of $ 6.90 million, while looking forward to loss of $ 0.15 per share bottom line.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S.
