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Article: Acacia Research Issues 3Q 2009 Financial Results.
- Article from:
- Entertainment Close-up
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Acacia Research Corp. has reported results for the three months ended September 30.
"Acacia Research generated $16,831,000 in licensing transactions in the third quarter of 2009, resulting in third quarter license fee revenues of $12,831,000, a decrease of 7 percent, compared to $13,796,000 in the year ago period, and deferred revenues of $4,000,000 which will be recognized as revenues in subsequent periods," said Acacia Research Chairman and CEO, Paul Ryan.
"Acacia Research trailing 12-month revenues were $58,779,000, an increase of 40 percent, compared to $41,963,000 at the end of the third quarter of 2008."
"Acacia Research reported a net ...