Safeguard Scientifics (SFE) Misses Q3 EPS by 44c

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Safeguard Scientifics Announces Third Quarter 2016 Financial Results

October 27, 2016 6:00 AM EDT

RADNOR, Pa., Oct. 27, 2016 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced financial results for the three and nine months ended September 30, 2016, as well as continued achievement of developmental milestones for its 28 partner companies.

For the three months ended September 30, 2016, Safeguard's net loss was $24.1 million, or $1.18 per share, compared with a net loss of $11.6 million, or $0.56 per share, for the same period of 2015. For the... More