NEW YORK (AP) _ Acacia Research Corp. (ACTG) on Monday reported third-quarter net income of $89.6 million.

The New York-based company said it had net income of 86 cents per share. Losses, adjusted for non-recurring gains, were 3 cents per share.

The technology patent licensor posted revenue of $1.6 million in the period.

Acacia Research shares have climbed 40% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.52, a climb of 58% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACTG at https://www.zacks.com/ap/ACTG

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