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Stock impact report

Acacia Research Reports Third Quarter 2024 Financial Results

Acacia Research Corporation (ACTG) 
Last acacia research corporation earnings: 8/8 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: acaciaresearch.com/investor-relations
Company Research Source: Business Wire
Generated $23.3 Million in Consolidated Revenue, up 131% Year Over YearEnergy Operations Generated $15.8 Million in Revenue and Industrial Operations Generated $7.0 Million in Revenue, Up 12% and 11%, Respectively Quarter Over QuarterGenerated $70.4 Million in Operating Cash Flow During the Nine Months Ended September 30, 2024Repurchased 3.0 Million Shares for $14.0 Million Via the Company’s Stock Repurchase Program Through November 7, 2024Subsequent to the Quarter, Acquired Deflecto for $103.7 Million NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, today reported financial results for the three and nine months ended September 30, 2024. The Company also posted its third quarter 2024 earnings presentation on its website at www.acaciaresearch.com under Events & Presentations.Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “Aca Show less Read more
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