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Acacia Research Reports Results.

Publication: Wireless News
Publication Date: 29-JUL-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Acacia Research Reports Results.(Acacia Research Corporation )(Financial report)

Article Excerpt
Acacia Research reported results for the three months ended June 30.

Acacia Research Chairman and CEO, Paul Ryan, said, "Acacia Research consolidated revenues for the second quarter of 2009 were $15,031,000, an increase of 111 percent, compared to $7,116,000 in the year ago period. Cash and investments increased during the quarter by $5,245,000 to $59,246,000.

"Acacia Research trailing 12-month revenues set a new record at $59,744,000, an increase of 58 percent, compared to $37,711,000 at the end of the second quarter of 2008. Acacia's revenues of $45,948,000 over the past three quarters also set a new record for a nine-month period.

"Acacia Research reported a net loss of $2,648,000, or $.09 per share, including non-cash patent amortization and non-cash stock compensation charges totaling $3,241,000. In the second quarter, Acacia generated revenues from 21 new licensing agreements, covering 16 different technologies, including initial revenues from one new licensing program. With two new licensing programs generating initial revenues since the end of the quarter, Acacia has now generated revenues from 55 different technologies. During the quarter,...

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