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Published on 2 Nov 2023 on GuruFocus.com via Yahoo Finance

Safeguard Scientifics Inc (SFE) Announces Third Quarter 2023 Financial Results

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Safeguard Scientifics Inc (NASDAQ:SFE) reported a net income of $932K for Q3 2023, compared to a net loss of $3.16M in Q3 2022.The company's total assets stood at $32.4M as of September 30, 2023, down from $37.7M at the end of 2022.Safeguard Scientifics Inc (NASDAQ:SFE) is preparing for a transaction that is expected to significantly reduce operating costs from 2024.The company's ownership interests as of September 30, 2023, were valued at $14.8M.

Warning! GuruFocus has detected 1 Warning Sign with SFE.

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