05:03 PM EDT, 03/14/2024 (MT Newswires) -- Acacia Research ( ACTG ) reported Q4 net income Thursday of $0.75 per diluted share, compared with a loss of $0.50 a year ago.

Revenue for the quarter ended Dec.31 was $92.3 million, up from $13.1 million a year earlier.

Analysts polled by Capital IQ expected $8 million.

The company shares were up more than 7% in recent after-hours trading.

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