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To: Jeff Jordan who wrote (4747)7/21/2006 7:28:42 AM
From: Jeff Jordan  Respond to of 5125
 
"Acacia Technologies' revenues for the second quarter increased to $14,371,000 compared to $2,682,000 in the year ago period. Trailing 12-month revenues increased to $34,117,000 compared to $22,428,000 as of the end of the first quarter of 2006. Acacia Technologies reported GAAP net income of $1,191,000 or $0.04 per share, including non-cash patent amortization and non-cash stock compensation charges totaling $2,215,000. Cash and short-term investments increased by $3,050,000 from the previous quarter to $40,715,000. We continue to expect significant growth in 2006 annual revenues compared to 2005," commented Acacia Chairman and CEO, Paul Ryan.

biz.yahoo.com



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