Acacia Research reports 2Q loss

NEWPORT BEACH, Calif. (AP) _ Acacia Research Corp. (ACTG) on Thursday reported a loss of $14.3 million in its second quarter.

The Newport Beach, California-based company said it had a loss of 28 cents per share. Losses, adjusted for amortization costs and stock option expense, came to 14 cents per share.

The technology patent licensor posted revenue of $16.5 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $4.15. A year ago, they were trading at $5.03.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ACTG at


Keywords: Acacia Research, Earnings Report