Benzinga | Nov 15, 2021 04:55PM EST

Acacia Research Q3 EPS $0.86 Beats $(0.06) Estimate, Sales $1.58M Miss $3.75M Estimate

Acacia Research (NASDAQ:ACTG) reported quarterly earnings of $0.86 per share which beat the analyst consensus estimate of $(0.06) by 1533.33 percent. This is a 816.67 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $1.58 million which missed the analyst consensus estimate of $3.75 million by 57.81 percent. This is a 91.87 percent decrease over sales of $19.47 million the same period last year.