Safeguard Scientifics’ Aggregate Partner Company Revenue Up 46 Percent
Posted by | May 6, 2010
This morning, we announced that aggregate partner company revenue for the first quarter 2010 was up 46 percent from $58.4 million for the same partner companies for the same period of 2009. (Note: Revenue for Safeguard’s equity method and cost method partner companies is reported on a one-quarter lag.)
Peter J. Boni, Safeguard Scientifics’ President and CEO, explained that there is a solid potential for both capital deployment and exit transactions over the course of the next year that meets Safeguard’s risk-adjusted, return-on-capital goals.
More news can be found in our full quarterly results press release. You can also listen to our LIVE conference call and webcast at 9 a.m. EST this morning.
If you have any questions, please feel free to contact me. Thanks, and have a great day.
