Benzinga | Aug 10, 2020 08:21AM EDT

Acacia Research Q2 EPS $0.09 Beats $(0.02) Estimate, Sales $2.12M Beat $200.00K Estimate

Acacia Research (NASDAQ:ACTG) reported quarterly earnings of $0.09 per share which beat the analyst consensus estimate of $(0.02) by 550 percent. This is a 325 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $2.12 million which beat the analyst consensus estimate of $200.00 thousand by 959.00 percent. This is a 61.19 percent decrease over sales of $5.46 million the same period last year.