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More on Safeguard Scientifics Q4

Mar. 02, 2017 8:49 AM ETSafeguard Scientifics, Inc. (SFES) StockSFESBy: Mohit Manghnani, SA News Editor
  • Post Q4, Safeguard Scientifics (NYSE:SFE) sold their interest in Beyond.com back to the company for $26M of which $15.5M is cash and $10.5M in three-year notes at interest rate of 9.5% p.a.
  • Aggregate partner company revenue was $344M in 2016 vs. $328M past year.
  • The company ended the quarter with $32.6M cash and current assets on its balance sheet.
  • The company will hold a conference call at 9:00am ET.
    Webcast: www.safeguard.com/results
    Live Number: 877-201-0168 // (International) 647-788-4901
    Replay Number: 855-585-8367 // (International) 416-621-4642
    Access Code: 63404139
  • Previously: Safeguard Scientifics misses by $0.06 (Mar. 02 2017)
  • See important disclosures.

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