Safeguard Scientifics: 4Q Earnings Snapshot
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.