earnings
confidence high
sentiment neutral
materiality 0.70
Acacia Research reports Q4 rev $48.8M, adj EPS -$0.07; full-year adj net income $14.2M; two acquisitions
ACACIA RESEARCH CORP
- Q4 revenue $48.8M (FY $122.3M); GAAP net loss $13.4M Q4 ($36.1M FY); adjusted net loss $6.8M Q4, adj net income $14.2M FY.
- Adjusted diluted EPS $(0.07) Q4, $0.14 FY; Operated Segment Adjusted EBITDA $9.6M Q4, $35.7M FY.
- April 2024: Benchmark (majority-owned O&G) acquired Revolution assets in TX/OK; 40+ workover projects completed, reserves replenished.
- October 2024: Acquired Deflecto, specialty mfr for transportation/HVAC/office; integration with operating partner underway.
- CEO says 2024 'transformational' with two opportunistic acquisitions; focus on stable cash-flow and scalability.