U.S. Markets open in 6 hrs 29 mins

Safeguard Scientifics: 1Q Earnings Snapshot

RADNOR, Pa. (AP) _ Safeguard Scientifics Inc. (SFE) on Thursday reported first-quarter net income of $21.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Radnor, Pennsylvania-based company said it had profit of $1.05.

Safeguard Scientifics shares have risen 32% since the beginning of the year. The stock has declined 15% 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