Acacia Research's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Acacia Research Corporation (ACTG)

Q1 2012 Earnings Call

April 19, 2012 4:30 pm ET

Executives

Paul Ryan – Chief Executive Officer and President

Clayton J. Haynes – Chief Financial Officer

Matthew Vella – Executive Vice President.

Edward J. Treska – Senior Vice President, General Counsel and Secretary

Dooyong Lee – Executive Vice President

Analysts

Mark N. Argento – Craig-Hallum Capital Group LLC

Timothy Quillin – Stephens Inc.

Paul Coster – JPMorgan Securities LLC

Jonathaon Skeels – Davenport & Company LLC

Daniel Gelbtuch – Cantor Fitzgerald

Walter Ramsley – Walrus Partners

Presentation

Operator

Good afternoon, and welcome ladies and gentlemen to the Acacia Research First Quarter Earnings Release Conference Call. At this time, I would like to remind you that this conference is being recorded and all participants are in a listen-only mode. At the request of the company, we will open up the conference for questions and answers after the presentation.

I’ll now turn the conference over to Mr. Paul Ryan. Please go ahead, sir.

Paul Ryan

Thank you for being with us today. Today’s call may involve what the SEC considers to be forward-looking statements. Please refer to our 8-K which was filed with the SEC today for our forward-looking statement disclaimer.

In today’s call, the terms we, us and our refer to Acacia Research Corporation and/or it’s wholly and majority-owned operating subsidiaries. All intellectual property acquisition, development, licensing, and enforcement activities are conducted solely by certain of Acacia Research Corporation’s wholly and majority-owned operating subsidiaries.

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