Safeguard Scientifics (SFE) Misses Q2 EPS by 71c

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Safeguard Scientifics Announces Second Quarter 2017 Financial Results

July 27, 2017 6:00 AM EDT

RADNOR, Pa., July 27, 2017 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced financial results for the three months and six months ended June 30, 2017, as well as continued achievement of developmental milestones for its 28 partner companies. For the three months ended June 30, 2017, Safeguard's net loss was $29.1 million, or $1.43 per share, compared with net income of $39.0 million, or $1.92 per share, for the same period in 2016. For the six months ended June 30, 2017, the Company's net loss was $51.2 million, or $2.51 per share, compared with net income of $23.5 million, or $1.15 per... More