AP NEWS

Safeguard Scientifics: 4Q Earnings Snapshot

February 27, 2020 GMT

RADNOR, Pa. (AP) _ Safeguard Scientifics Inc. (SFE) on Thursday reported a loss of $698,000 in its fourth quarter.

On a per-share basis, the Radnor, Pennsylvania-based company said it had a loss of 3 cents.

For the year, the company reported net income of $54.6 million, or $2.64 per share, swinging to a profit in the period.

Safeguard Scientifics shares have dropped 15% since the beginning of the year. The stock has declined 10% in the last 12 months.

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