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 (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACTG at https://www.zacks.com/ap/ACTG
Keywords: Acacia Research, Earnings Report