Safeguard Scientifics (SFE) Misses Q4 EPS by 6c

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Safeguard Scientifics Announces Fourth Quarter and Full-Year 2016 Financial Results

March 2, 2017 6:00 AM EST

RADNOR, Pa., March 2, 2017 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced financial results for the three months and full-year ended December 31, 2016, as well as continued achievement of developmental milestones for its 29 partner companies. For the three months ended December 31, 2016, Safeguard's net loss was $21.7 million, or $1.07 per share, compared with a net loss of $14.3 million, or $0.69 per share, for the same period of 2015. For the year ended December 31, 2016, Safeguard's net loss was $22.3 million, or $1.09 per share, compared with a net loss of $59.5... More