Acacia Research (ACTG) rises 6.5% AH after reporting Q3 revenue of $63M (-1% Y/Y) and EPS of...

|About: Acacia Research Corporation (ACTG)|By:, SA News Editor

Acacia Research (ACTG) rises 6.5% AH after reporting Q3 revenue of $63M (-1% Y/Y) and EPS of $0.42, blowing past Street forecasts by $16.5M and $0.11. Results were boosted by an insurance claim the company filed over the reversal of a $12.5M award it received in a lawsuit against Yahoo (YHOO) - a particularly innovative twist on patent trolling.