Acacia Q3 2020 Earnings Report
Key Takeaways
Acacia Research Corporation reported results for the three-month period ended September 30, 2020. The company has recovered two-thirds of the purchase price from dispositions since acquiring the Woodford portfolio in June and continues to hold substantial value in the securities of public and private companies remaining in the portfolio.
Completed dispositions that have recovered two-thirds of the Woodford portfolio purchase price.
Hold substantial value in the securities of public and private companies remaining in the portfolio.
Working intensively with Starboard to execute investment strategy.
Completed an option agreement to add a new portfolio.
Acacia
Acacia
Forward Guidance
Acacia anticipates that its financial results will vary, and may vary significantly, from quarter to quarter.