Great Elm Group

Great Elm Group, Inc. operates as a holding company. It engages in the provision of investment management and real estate management services. It operates through Durable Medical Equipment and Investment Management segments. The Durable Medical Equipment segment includes selling, replacement parts, and supplies to customers. The Investment Management segment consists of management fees and property management fees. The company was founded in 1994 and is headquartered in Waltham, MA.

Earnings data Q4 2021

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Great Elm Group reports strong revenue growth and strategic transformation

Great Elm Group's Q1 2023 earnings call highlighted strong revenue growth and significant changes in the company's focus and management. While facing challenges with losses and potential funding constraints, the company is well-positioned for growth and improved performance under new leadership.

Great Elm Group (GEG) achieves milestone earnings and positions for growth

Great Elm Group (GEG) delivered a strong performance in Q2 2023, achieving milestone earnings and demonstrating a significant turnaround from the prior fiscal year. The company's strategic goals of improving profitability, expanding the platform, and growing assets under management were underscored by notable achievements, including the addition of cash incentive fees from GECC and the growth of Monomoy's portfolio. While challenges may arise in sustaining momentum, GEG is well-positioned to capitalize on opportunities in credit markets and real estate, driving future growth and profitability.

Great Elm Capital Group (GEG) reports strong Q3 earnings and growth opportunities

Great Elm Capital Group (GEG) delivered a robust performance in Q3 2023, marked by strong financial results, growth in key segments, and a focus on streamlined asset management. The company's strengths lie in its solid financial position, revenue growth, and proactive approach to enhancing shareholder value. While no explicit challenges were highlighted, GEG has ample opportunities for further growth and value creation.

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Great Elm Group, Inc. is an alternative asset management company focused on growing a scalable and diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies. With its subsidiaries, it currently manages Great Elm Capital Corp., a publicly-traded business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments. The company was founded in 1994 and is headquartered in Waltham, MA.

Great Elm Group, Inc. (GEG) Q2 2024 Earnings Call Transcript

WALTHAM, Mass., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal second quarter ended December 31, 2023.

Great Elm Group Reports Fiscal 2024 Second Quarter Financial Results

WALTHAM, Mass., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter ended December 31, 2023 after the close of market trading on Tuesday, February 13, 2024.

Great Elm Group, Inc. Schedules Fiscal 2024 Second Quarter Conference Call and Webcast

PALM BEACH GARDENS, Fla., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (the “Company” or “GEG”), (NASDAQ: GEG), an alternative asset manager, today announced it has invested $6 million in a special purpose vehicle which acquired $24 million of common stock in GECC at net asset value (“NAV”).

Great Elm Group, Inc. (“GEG”) Invests $6 Million to Support a $24 million Equity Raise for Great Elm Capital Corp. (“GECC”) at Net Asset Value

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Great Elm Group, Inc. (NASDAQ:GEG ) Q1 2024 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Adam Yates – Portfolio Manager Jason Reese – Chief Executive Officer Keri Davis – Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by. My name is Cheryl, and I'll be your conference operator today.

Great Elm Group, Inc. (GEG) Q1 2024 Earnings Call Transcript

WALTHAM, Mass., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal first quarter ended September 30, 2023.

Great Elm Group Reports Fiscal 2024 First Quarter Financial Results

NEW YORK , Oct. 30, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Great Elm Group, Inc. (NASDAQ: GEG). If you are a shareholder of Great Elm Group, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/great-elm-group-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Great Elm Group, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

Great Elm Group, Inc. (NASDAQ:GEG ) Q4 2023 Earnings Conference Call September 21, 2023 8:30 AM ET Company Participants Adam Yates - MD Jason Reese - CEO Keri Davis - CFO Conference Call Participants Nathan Stewart - Capital Advisors Operator Good morning. My name is Rob, and I will be your conference operator today.

Great Elm Group, Inc. (GEG) Q4 2023 Earnings Call Transcript

Company to Host Conference Call at 8:30 a.m., ET on September 21, 2023 Company to Host Conference Call at 8:30 a.m., ET on September 21, 2023

Great Elm Group Reports Fiscal 2023 Fourth Quarter and Full Year Financial Results

WALTHAM, Mass., Sept. 18, 2023 (GLOBE NEWSWIRE) --  Great Elm Group, Inc. (“Great Elm”), (NASDAQ: GEG), today announced plans to release financial results for the fiscal quarter and full year ended June 30, 2023, after the close of market trading on Wednesday, September 20, 2023.

Great Elm Group, Inc. Schedules Fiscal 2023 Fourth Quarter and Full Year Conference Call and Webcast

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WALTHAM, Mass., May 15, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” or “GEG”) (NASDAQ: GEG), an alternative asset manager, announced today that Brent Pearson resigned as Chief Financial Officer. The Board of Directors unanimously appointed Keri Davis as CFO effective immediately.   With the assumption of the CFO position at GEG, Ms. Davis expands her role with the Company as she continues in her capacity as CFO of Great Elm Capital Corp. (NASDAQ: GECC), a business development company managed by a subsidiary of GEG.

Great Elm Group, Inc. Announces CFO Transition

Great Elm Group, Inc. (NASDAQ:GEG ) Q3 2023 Results Conference Call May 5, 2023 9:00 AM ET Company Participants Adam Yates - Managing Director Jason Reese - CEO Brent Pearson - CFO Conference Call Participants Mark Kingdon - Kingdon Capital Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.

Great Elm Group, Inc. (GEG) Q3 2023 Earnings Call Transcript

WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal third quarter ended March 31, 2023.

Great Elm Group Reports Fiscal 2023 Third Quarter Financial Results

WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” or “GEG”) (NASDAQ: GEG), an alternative asset manager, announced today that Peter Reed has resigned as Chief Executive Officer effective immediately following the filing of the Company's Form 10-Q for the quarter ended March 31, 2023. The Board of Directors has unanimously appointed Jason Reese to the additional role of CEO effective upon Mr. Reed's resignation. Jason Reese assumes the CEO position at GEG as a successful entrepreneur and financial services executive with over 30 years of experience founding and growing multiple financial services and real estate companies.

Great Elm Group, Inc. Appoints Jason Reese as CEO

Great Elm Group, Inc. (NASDAQ:GEG ) Q2 2023 Earnings Conference Call February 14, 2023 9:00 AM ET Company Participants Adam Yates - Managing Director Jason Reese - Executive Chairman Peter Reed - Chief Executive Officer Brent Pearson - Chief Financial Officer Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.

Great Elm Group, Inc. (GEG) Q2 2023 Earnings Call Transcript

Company to Host Conference Call at 9:00 a.m., ET, on February 14, 2023 Company to Host Conference Call at 9:00 a.m., ET, on February 14, 2023

Great Elm Group Reports Fiscal 2023 Second Quarter Financial Results

WALTHAM, Mass., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to host a conference call and webcast to discuss results for its fiscal 2023 second quarter ended December 31, 2022, on Tuesday, February 14, 2023 before the opening of the stock market.

Great Elm Group, Inc. Schedules Fiscal 2023 Second Quarter Conference Call and Webcast

WALTHAM, Mass., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“GEG,” or the “Company”) (NASDAQ: GEG), an alternative asset manager, today announced that it is postponing its earnings release and conference call for its fiscal second quarter ended December 31, 2022, previously scheduled for February 3, 2023. On February 2, 2023, management of GEG determined to delay the earnings release and call for its fiscal second quarter to permit additional time to finalize accounting related to its recently completed transactions. The Company will issue a press release announcing the new date and time for the postponed earnings release and call.

Great Elm Group Postpones Fiscal 2023 Second Quarter Earnings Release and Conference Call

WALTHAM, Mass., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2023 second quarter ended December 31, 2022, on Thursday, February 2, 2023, after the closing of the stock market.

Great Elm Group, Inc. Schedules Fiscal 2023 Second Quarter Earnings Release and Conference Call

During the first week of January 2023, Great Elm Group made two transformative divestures. This includes selling its equity ownership interest in Forest, to JPMorgan, for $45 million (if the 1/15/23 put option is exercised) as well as selling its DME for $80million.

Great Elm Group: Hello Small-Cap World

The Sale of its DME Business Allows Great Elm to Focus Primarily on Investment Management with Additional Cash on its Balance Sheet Available to Fund Strategic Growth Initiatives The Sale of its DME Business Allows Great Elm to Focus Primarily on Investment Management with Additional Cash on its Balance Sheet Available to Fund Strategic Growth Initiatives

Great Elm Group Sells Durable Medical Equipment Business for $80 Million

The sale of a majority of its ownership interest in Forest Investments, Inc. is expected to ultimately raise approximately $45 million of cash on Great Elm Group's Balance Sheet, enhancing its ability to focus exclusively on Investment Management. The sale of a majority of its ownership interest in Forest Investments, Inc. is expected to ultimately raise approximately $45 million of cash on Great Elm Group's Balance Sheet, enhancing its ability to focus exclusively on Investment Management.

News for Great Elm Group Stock (GEG)