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Article: Acacia Research Posts 2Q 2009 Financial Results
- Article from:
- Wireless News
- Article date:
- July 28, 2009
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Wireless News
07-28-2009
Acacia Research Posts 2Q 2009 Financial Results
Type: News
Acacia Research Corp. has reported results for the three months ended June 30.
"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," said Acacia Research Chairman and CEO, Paul Ryan.
"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 ...