Overview
* Acacia Q2 2025 revenue rises 98% yr/yr, driven by Manufacturing Operations
* Company reports GAAP net loss of $3.3 mln, adjusted net loss of $5.9 mln
* Announces partnership for Bitcoin-backed commercial loan strategy
Outlook
* Company aims to leverage strong cash position for future acquisitions
* Acacia focuses on improving efficiencies amid economic challenges
* Company sees opportunities in existing businesses for long-term value
Result Drivers
* MANUFACTURING OPERATIONS - Revenue growth driven by $29 mln from Manufacturing Operations
* CASH POSITION - Strong cash reserves of $338.2 mln to support growth and acquisitions
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $51.24
Revenue mln
Q2 -$0.06
Adjusted
EPS
Q2 Net -$3.29
Income mln
Q2 -$12.38
Operatin mln
g Income
Analyst Coverage
* The one available analyst rating on the shares is "buy"
* The average consensus recommendation for the business support services peer group is "buy"
* Wall Street's median 12-month price target for Acacia Research Corp ( ACTG ) is $6.00, about 40.2% above its August 5 closing price of $3.59
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)