Brett Reese
Analyst, Janney Montgomery Scott
Replay available
Acacia Research Corporation (ACTG) Q3 2025 Earnings Call
Acacia Research Corporation (NASDAQ: ACTG) Q3 2025 earnings conference call, held 2025-11-05. Replay captured from the company's public earnings webcast.
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Todd Seltzer
Portfolio Manager, 88 Management LLC
Anthony Stoss
Analyst, Craig‐Hallum Capital Group
MJ McNulty
President and Chief Executive Officer
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Acacia Research Corporation.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:01.653 In context, 00:00:01.653 -- 00:00:05.539 in spite of the macroeconomic and geopolitical headwinds, the businesses we own are still 00:00:05.539 -- 00:00:08.243 delivering attractive return characteristics. 00:00:08.243 -- 00:00:12.749 As you've heard me say before, Acacia is focused on identifying and acquiring underloved, 00:00:12.749 -- 00:00:17.276 undermanaged, and undervalued businesses where we believe we can leverage our significant 00:00:17.276 -- 00:00:22.724 capital base and experienced leadership teams to streamline operations, materially 00:00:22.724 -- 00:00:26.170 improve performance, and drive long-term growth. 00:00:26.170 -- 00:00:31.159 As a result of our actions on a year-to-date annualized basis, Benchmark is generating 00:00:31.159 -- 00:00:33.783 a roughly high teens' free cash flow yield. 00:00:33.783 -- 00:00:37.770 Deflecto is generating a high single-digit free cash flow yield. 00:00:37.770 -- 00:00:42.931 Prior to the impact of our in-flight operational improvement initiatives, And Printronics 00:00:42.931 -- 00:00:45.474 is generating a high teen's free cash flow yield. 00:00:45.474 -- 00:00:49.860 With strong and improving cash yields at each of our operating companies and disciplined 00:00:49.860 -- 00:00:54.206 cost control at the parent, we believe we're creating significant equity value, which 00:00:54.206 -- 00:00:57.770 is not yet reflected in our share price. 00:00:57.770 -- 00:01:02.156 As we approach the end of the year, we remain focused on driving revenue, EBITDA, and 00:01:02.156 -- 00:01:07.683 free cash flow growth at each of our operating businesses, while at the same time 00:01:07.683 -- 00:01:12.374 growing our extensive pipeline of actionable M&A opportunities. 00:01:12.374 -- 00:01:17...