Safeguard Scientifics Aggregate Partner Company Revenue Exceeds $400 Million in 2010
Posted by | February 17, 2011
Safeguard Scientifics’ value creation strategy is to deploy capital and build value in our partner companies. One of the best ways to evaluate our progress is to track our partner companies’ revenue, in the aggregate. While our fourth quarter and year-end 2010 financial results won’t be available until March 3rd, today we announced that our partner company aggregate revenue for 2010 was more than $400 million, beating previously issued guidance of $360 million to $385 million.
Since we first started publishing this metric in 2007, partner company aggregate revenue has increased every year for the same partner companies — $100 million in 2007; $179 million in 2008; $262 million in 2009; and now more than $400 million in 2010. Those are three tough years to get that kind of growth.
We’ll talk more about this achievement, as well as other developments, when we release our financial results for the fourth quarter and year-ended December 31, 2010, on Thursday, March 3, 2011. Here are the call details.
Safeguard Scientifics Fourth Quarter and Year-End 2010 Conference Call
Please call at least 10 minutes prior to call to register.
- Date: Thursday, March 3, 2011
- Time: 9:00am EST
- Webcast: www.safeguard.com/results
- Conference ID#: 45474437
- Call-in Number: 800-537-0745
(International) +678-825-8236 - Podcast: www.safeguard.com/podcast
Available approximately 24 hours after the conclusion of the call
