Safeguard Scientifics

Safeguard Scientifics, Inc. engages in the provision capital to technology-driven businesses in healthcare, financial services, and digital media. The company was founded by Warren V. Musser and Frank A. Diamond in 1953 and is headquartered in Radnor, PA.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

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Earnings data Q3 2024

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Conference call and webcast on August 11, 2022 at 5 p.m. ET Conference call and webcast on August 11, 2022 at 5 p.m. ET

Safeguard Scientifics Announces Second Quarter 2022 Financial Results

Conference Call and Webcast Scheduled for Thursday, August 11th at 5:00 pm ET Conference Call and Webcast Scheduled for Thursday, August 11th at 5:00 pm ET

SAFEGUARD SCIENTIFICS TO RELEASE SECOND QUARTER 2022 FINANCIAL RESULTS ON THURSDAY, AUGUST 11th

Safeguard Scientifics, Inc. (NYSE:SFE ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Matthew Barnard - General Counsel Eric Salzman - Chief Executive Officer Mark Herndon - Chief Financial Officer Conference Call Participants Jason Stankowski - Clayton Partners Operator Good day, ladies and gentlemen, and welcome to the Safeguard First Quarter 2022 Financial Results Conference Call. All lines have placed on a listen-only mode and the floor will be open for questions and comments following the presentation.

Safeguard Scientifics, Inc. (SFE) CEO Eric Salzman on Q1 2022 Results - Earnings Call Transcript

Conference call and webcast on May 5, 2022 at 5 p.m. ET Conference call and webcast on May 5, 2022 at 5 p.m. ET

Safeguard Scientifics Announces First Quarter 2022 Financial Results

Conference Call and Webcast Scheduled for Thursday, May 5th at 5:00 pm ET Conference Call and Webcast Scheduled for Thursday, May 5th at 5:00 pm ET

SAFEGUARD SCIENTIFICS TO RELEASE FIRST QUARTER 2022 FINANCIAL RESULTS ON THURSDAY, MAY 5th

RADNOR, Pa., March 21, 2022 (GLOBE NEWSWIRE) --   Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced a new $3 million share repurchase program, in accordance with the requirements of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended.   These repurchases, which will use existing funds, will be made in open market or privately negotiated transactions and are expected to be completed within the 2022 calendar year.

SAFEGUARD SCIENTIFICS ANNOUNCES SHARE REPURCHASE PROGRAM

Safeguard Scientifics, Inc. (SFE) CEO Eric Salzman on Q4 2021 Results - Earnings Call Transcript

Cash proceeds of $60.8 million from exits during 2021  Repurchases of 4.5 million common shares during 2021  Initiates evaluation of strategic options

Safeguard Scientifics Announces Full Year And Fourth Quarter 2021 Financial Results

Conference Call and Webcast Scheduled for Wednesday, March 9th at 5:00 pm ET Conference Call and Webcast Scheduled for Wednesday, March 9th at 5:00 pm ET

SAFEGUARD SCIENTIFICS TO RELEASE FOURTH QUARTER AND FULL YEAR 2021 FINANCIAL RESULTS ON WEDNESDAY, MARCH 9th

Safeguard Scientifics, Inc. (SFE) CEO Eric Salzman on Q3 2021 Results - Earnings Call Transcript

Successful Completion of $39mm Self-tender Offer

Safeguard Scientifics Announces Third Quarter 2021 Financial Results

Conference Call and Webcast Scheduled for Thursday, November 4th at 5:00 pm ET Conference Call and Webcast Scheduled for Thursday, November 4th at 5:00 pm ET

SAFEGUARD SCIENTIFICS TO RELEASE THIRD QUARTER FINANCIAL RESULTS ON THURSDAY, NOVEMBER 4th

RADNOR, Pa., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced the final results of its previously announced modified “Dutch auction” self-tender offer to purchase for cash up to $35 million in value of shares of its common stock at a price within (and including) the range of $7.90 to $9.00 per share. As described in the tender offer, the Company reserved the right to purchase up to an additional 2% of the Company's outstanding shares of common stock without amending or extending the offer (the “Additional Shares”). The tender offer expired at 5:00 p.m. Eastern Time on Friday, October 1, 2021.

Safeguard Announces Final Results of Modified Dutch Auction Tender Offer

Safeguard Scientifics' (SFE) CEO Eric Salzman on Q2 2021 Results - Earnings Call Transcript

Conference call and webcast on August 12, 2021 at 5 p.m. ET Conference call and webcast on August 12, 2021 at 5 p.m. ET

Safeguard Scientifics Announces Second Quarter 2021 Financial Results

RADNOR, Pa., July 13, 2021 (GLOBE NEWSWIRE) --   Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced that Flashtalking signed a definitive agreement to be acquired by Mediaocean. The combined entity will leverage Flashtalking's best-in-class solutions for primary ad serving, creative personalization, identity management, and verification with Mediaocean's mission-critical platform for omnichannel advertising used by the world's leading brands and agencies.

SAFEGUARD SCIENTIFICS ANNOUNCES PENDING ACQUISITION OF FLASHTALKING BY MEDIAOCEAN

RADNOR, Pa., June 28, 2021 (GLOBE NEWSWIRE) --   Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced an update to the fair value of its ownership interest in Bright Health Group (“Bright Health”), a leading national high-growth integrated healthcare platform.   On June 23, 2021, Bright Health completed an initial public offering (“IPO”), which included the conversion of its preferred stock into shares of common stock in conjunction with a stock split.   With the completion of the IPO, Safeguard's stake in Bright Health consists of approximately 1.3 million shares of common stock, subject to the final determination by Bright Health's transfer agent. Based on the IPO closing price of $18.00 per share, Safeguard's position in Bright Health is valued at approximately $23.4 million, as compared to $15.3 million on March 31, 2021. Registration filings related to the Bright Health offering, including a description of the six-month lock-up period restricting the trading of these shares, can be reviewed in Bright Health's SEC filings at www.sec.gov.

SAFEGUARD SCIENTIFICS UPDATE – BRIGHT HEALTH GROUP

RADNOR, Pa., June 18, 2021 (GLOBE NEWSWIRE) -- Safeguard Scientifics, Inc. (NYSE:SFE) ("Safeguard" or the "Company") announced that it will host a virtual discussion with Stuart Long, Chief Executive Officer of InfoBionic, Inc. at 10:00 a.m. ET on Tuesday June 29, 2021.

SAFEGUARD SCIENTIFICS TO HOST A VIRTUAL DISCUSSION WITH INFOBIONIC

Shareholders are asked to elect four directors, to cast an advisory vote to approve the compensation of the company's named executive officers and to ratify Grant Thornton LLP as the company's independent registered public accounting firm Shareholders are asked to elect four directors, to cast an advisory vote to approve the compensation of the company's named executive officers and to ratify Grant Thornton LLP as the company's independent registered public accounting firm

Safeguard Scientifics Annual Meeting of Shareholders to be Held on Wednesday, May 19, 2021

Safeguard Scientifics, Inc. (SFE) CEO Eric Salzman on Q1 2021 Results - Earnings Call Transcript

Board Authorizes $ 6 M illion S hare Repurchase Program

Safeguard Scientifics Announces First Quarter 2021 Financial Results

Conference Call and Webcast Scheduled for Thursday, May 6th at 5:00 pm ET Conference Call and Webcast Scheduled for Thursday, May 6th at 5:00 pm ET

SAFEGUARD SCIENTIFICS TO RELEASE FIRST QUARTER FINANCIAL RESULTS ON THURSDAY, MAY 6th

RADNOR, Pa., April 12, 2021 (GLOBE NEWSWIRE) -- Safeguard Scientifics, Inc. (NYSE:SFE) (“Safeguard” or the “Company”) today announced the exit of our ownership interest in Zipnosis.  Safeguard received $3.3 million of initial cash proceeds and a preferred equity interest in Bright Health Group, a national integrated healthcare company (“Bright Health”). The majority of the consideration we received in the transaction is reflected in this preferred equity interest.  Additional cash proceeds may be received from the final determinations of net working capital and the resolution of various escrow contingencies.  Safeguard will report a gain on the sale of the Zipnosis ownership interest for the quarter ended March 31, 2021, based on the total value received from the transaction.

Safeguard Scientifics Announces Zipnosis Exit

Safeguard Scientifics, Inc. (SFE) CEO Eric Salzman on Q4 2020 Results - Earnings Call Transcript

Conference call and webcast on March 4, 2021 at 9 a.m. ET Conference call and webcast on March 4, 2021 at 9 a.m. ET

News for Safeguard Scientifics Stock (SFE)