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Acacia Research Corp. (ACTG)
NASDAQ:ACTG
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
0Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -31.04%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The call highlights successful acquisitions and strong cash management which contribute positively to the company's outlook. However, challenges in the intellectual property segment and increased operating costs present notable concerns. The sentiment is balanced with both positive strategic achievements and significant financial challenges.Company Guidance
During Acacia Research's fourth quarter and year-end 2024 earnings call, key financial metrics were discussed highlighting the company's financial performance and strategic growth initiatives. For the fourth quarter, Acacia reported consolidated revenue of $48.8 million, with a total company adjusted EBITDA of $4.9 million and an operated segment adjusted EBITDA of $9.6 million. Excluding intellectual property operations, which have episodic cash flows, the operated segment adjusted EBITDA was $12.4 million. For the full year, Acacia generated consolidated revenue of $122.3 million, total company adjusted EBITDA of $17 million, and operated segment adjusted EBITDA of $35.7 million, with a figure of $32.2 million excluding intellectual property operations. The company also noted cash reserves of approximately $274 million available for deployment. During the year, Acacia completed significant acquisitions, including the Revolution Asset Package with Benchmark Energy and Deflecto, leading to strategic optimization and integration efforts. Additionally, the company repurchased $20 million in stock, reflecting confidence in their strategy and operations.Successful Acquisitions and Integration
Acacia successfully acquired and integrated the Revolution Asset Package and Deflecto, demonstrating effective navigation of the macro environment and enhancing their portfolio with significant operational and strategic optionality.
Strong Cash Position
As of year-end 2024, Acacia had approximately $274 million of cash to deploy, with a strong balance sheet enabling continued opportunistic investments.
Energy Segment Performance
Benchmark's highest ever revenue was reported this quarter, aided by the completion of over 40 capital work over projects and an effective hedging strategy protecting approximately 70% of operated net oil and gas production.
Stock Buyback
Acacia repurchased $20 million of stock at an average price of $4.61 per share, which was below the year-end book value of $5.75 per share, representing a strategic use of shareholder capital.
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ACTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ACTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $4.22 | $3.61 | -14.45% |
| Nov 12, 2024 | $4.73 | $4.31 | -8.88% |
| Aug 08, 2024 | $4.92 | $4.58 | -6.91% |
| May 09, 2024 | $5.18 | $5.08 | -1.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Acacia Research Corp. (ACTG) report earnings?
Acacia Research Corp. (ACTG) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Acacia Research Corp. (ACTG) earnings time?
Acacia Research Corp. (ACTG) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACTG EPS forecast?
ACTG EPS forecast for the fiscal quarter 2025 (Q1) is -0.05.
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