NASDAQ$ACTG

Acacia Research Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Acacia Research reported financial results for the first quarter of 2021.

Acacia Research reported its Q1 2021 financial results, with a focus on evaluating new strategic opportunities and ongoing IP investments. The company led the reconstitution of the Board of Directors of Arix Bioscience plc, where Acacia is a significant shareholder.

  • Ongoing evaluation of new strategic opportunities in collaboration with Starboard Value LP.
  • Focus on acquiring operating companies in mature technology, healthcare, industrial, and financial services segments.
  • IP investments have resulted in a balanced portfolio.
  • Led the reconstitution of the Board of Directors of Arix Bioscience plc.

Headline financials

Total Revenue

$5.8M

Previous: $3.82M+52.1%
EPS (adj)

-$2.81

Previous: -$0.24-1070.8%
Book Value Per Share

$2.64

No prior period
Capital Expenditures

-$33K

Previous: -$163K+79.8%
Free Cash Flow

-$165M

Previous: -$11.5M-1337.5%
Net Income

-$165M

Previous: -$11.3M-1358.0%
Operating Income

-$5.68M

Previous: -$3.57M-59.0%
Gross Profit

$490K

Previous: $1.31M-62.6%
Cash & Equivalents

$145M

Previous: $58.7M+146.8%
Total Assets

$569M

Previous: $214M+166.2%
Stock-Based Comp

$450K

Previous: $332K+35.5%

Revenue & EPS history

Acacia · Revenue · Quarterly

$5.8M

Q1 2021+52.1%vs Q1 2020
Beat estimate in 9 of 12 quarters(75%)
ActualEstimate

Revenue by segment

Acacia · $10.1M total across 2 segments · Q3 2023

  • Industrial Operations
    $8.32M-12.9%
  • Intellectual Property Operations
    $1.76M-72.2%

Forward guidance

Acacia Research focuses on acquiring operating companies in the mature technology, healthcare, industrial and certain financial services segments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.8%

Avg return

30 days after

42%

27 / 65 earnings

Positive

+20.7%

Q4 2025

Best reaction

-27.2%

Q1 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.3%-7.5%-8.9%
Q4 2025+20.7%+18.8%+18.1%
Q3 2025+9.4%+11.3%+12.8%
Q1 2025+15.7%+26.4%+24.8%
Q4 2024-14.5%-18.5%-31.0%
Q3 2024-8.9%-6.3%-4.9%
Q2 2024-4.8%-6.9%-2.5%
Q1 2024-1.9%+2.1%+0.2%
Q4 2023+16.3%+26.3%+25.5%
Q3 2023+1.7%+3.0%+6.1%
Q2 2023-7.2%-3.2%-5.5%
Q1 2023-1.2%+0.8%+14.5%
Q4 2022-7.5%-5.9%-16.7%
Q3 2022+2.0%+0.0%-5.3%
Q2 2022-3.0%-6.0%-16.1%
Q1 2022-3.9%-1.3%-0.9%
Q4 2021+12.3%+8.4%+12.2%
Q3 2021+5.3%-3.1%-10.2%
Q2 2021-4.9%-4.3%+9.7%
Q1 2021-5.1%+0.5%+12.6%
Q4 2020+0.7%+5.3%+0.8%
Q3 2020+1.4%-2.5%+0.0%
Q2 2020-1.0%-3.4%-7.7%
Q1 2020-0.2%-8.6%+62.9%
Q4 2019+3.6%-0.5%+14.0%
Q3 2019+14.2%+13.0%+13.8%
Q2 2019-3.6%-4.9%-14.4%
Q1 2019+1.0%+1.0%-0.6%
Q4 2018-3.2%-1.9%-1.0%
Q3 2018+2.7%+1.3%+3.7%
Q2 2018+2.6%+2.6%-7.9%
Q1 2018+1.4%+1.4%+5.5%
Q4 2017-1.4%-1.4%+2.8%
Q3 2017+6.1%+9.8%+4.9%
Q2 2017-10.0%-15.0%-17.5%
Q1 2017-4.9%-3.9%-22.5%
Q4 2016-9.6%-11.3%-3.5%
Q3 2016+1.7%-2.5%+24.4%
Q2 2016+7.6%+17.5%+16.7%
Q1 2016+4.1%
Q4 2015-21.8%
Q3 2015-14.4%
Q2 2015+9.1%
Q1 2015+12.9%
Q4 2014-3.6%
Q3 2014+1.2%
Q2 2014+16.8%
Q1 2014-0.2%
Q4 2013-6.1%
Q3 2013-25.3%
Q2 2013-12.4%
Q1 2013-27.2%
Q4 2012+3.8%
Q3 2012-0.2%
Q2 2012+1.1%
Q1 2012+2.3%
Q1 2010-2.9%
Q1 2011-2.9%
Q4 2011-2.9%
Q4 2009-2.9%
Q3 2011-6.9%
Q3 2010-6.9%
Q2 2011-1.8%
Q2 2010-1.8%
Q4 2010-1.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro