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Article: Safeguard Scientifics Reports 2Q Financial Results
- Article from:
- Wireless News
- Article date:
- August 10, 2009
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Wireless News
08-10-2009
Safeguard Scientifics Reports 2Q Financial Results
Type: News
Safeguard Scientifics, a holding company for growth-stage life sciences and technology companies, announced second quarter results.
In a release dated August 5, the company stated:
- Net income from continuing operations attributable to Safeguard common shareholders in the second quarter was $146.2 million, or $1.20 per share, compared with a net loss of $7.5 million, or $0.06 per share, in the same period of 2008.
- Second quarter results reflect recognition of an unrealized gain in income from continuing operations of $106.0 million stemming from the deconsolidation of Safeguard's holdings in ...