Acacia Research Q3 revenue $23.3M (+131% YoY), net loss $14M; acquires Deflecto for $103.7M

ACACIA RESEARCH CORP

2024-Q3 EPS reported -$0.23 revenue$73,468,000

Revenue $23.3M, up 131% YoY; energy ops $15.8M, industrial ops $7.0M.
Net loss $14.0M; Total Company Adj. EBITDA $1.7M; Operated Segment Adj. EBITDA $6.9M.
Nine-month operating cash flow $70.4M; book value per share $5.85.
Subsequent to Q3, acquired Deflecto for $103.7M; cash reserves ~$280M post-acquisition.
Repurchased 3.0M shares for $14.0M through Nov 7, 2024.

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