Canada markets closed
  • S&P/TSX

    19,351.32
    +29.42 (+0.15%)
     
  • S&P 500

    4,185.47
    +15.05 (+0.36%)
     
  • DOW

    34,200.67
    +164.68 (+0.48%)
     
  • CAD/USD

    0.7997
    +0.0020 (+0.26%)
     
  • CRUDE OIL

    63.07
    -0.39 (-0.61%)
     
  • BTC-CAD

    78,005.82
    -1,355.40 (-1.71%)
     
  • CMC Crypto 200

    1,398.97
    +7.26 (+0.52%)
     
  • GOLD FUTURES

    1,777.30
    +10.50 (+0.59%)
     
  • RUSSELL 2000

    2,262.67
    +5.60 (+0.25%)
     
  • 10-Yr Bond

    1.5730
    +0.0430 (+2.81%)
     
  • NASDAQ

    14,052.34
    +13.58 (+0.10%)
     
  • VOLATILITY

    16.25
    -0.32 (-1.93%)
     
  • FTSE

    7,019.53
    +36.03 (+0.52%)
     
  • NIKKEI 225

    29,683.37
    +40.68 (+0.14%)
     
  • CAD/EUR

    0.6670
    +0.0012 (+0.18%)
     

Safeguard Scientifics: Q4 Earnings Snapshot

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

RADNOR, Pa. (AP) _ Safeguard Scientifics Inc. (SFE) on Wednesday reported a loss of $7.4 million in its fourth quarter.

On a per-share basis, the Radnor, Pennsylvania-based company said it had a loss of 35 cents. Losses, adjusted for asset impairment costs, were 22 cents per share.

For the year, the company reported a loss of $37.6 million, or $1.81 per share, swinging to a loss in the period.

Safeguard Scientifics shares have risen 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.88, a fall of 9% in the last 12 months.

_____

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