Safeguard Scientifics (SFE) Tops Q2 EPS by 45c

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Safeguard Scientifics Announces Second Quarter 2016 Financial Results

July 28, 2016 6:00 AM EDT

RADNOR, Pa., July 28, 2016 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced financial results for the three- and six-months ended June 30, 2016, as well as continued achievement of developmental milestones by Safeguard's 27 current partner companies.

For the quarter ended June 30, 2016, Safeguard's net income was $39.0 million, or $1.92 per share, compared with a net loss of $19.0 million, or $0.91 per share, for the same quarter of 2015.  For the... More