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.

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WALTHAM, Mass., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced that Jeff Serota and Tom Harbin have departed the Company's Board of Directors following the conclusion of the 2022 Annual Stockholders' Meeting. Mr. Serota and Mr. Harbin had previously decided not to stand for reelection at this year's meeting.

Great Elm Group Announces Board of Directors Updates

Great Elm Group, Inc. (NASDAQ:GEG ) Q1 2023 Earnings Conference Call November 15, 2022 9:00 AM ET Company Participants Adam Yates - Managing Director Peter Reed - Chief Executive Officer Adam Kleinman - President Brent Pearson - Chief Financial Officer Conference Call Participants Operator Good morning. My name is Chris and I'll be your conference operator today.

Great Elm Group, Inc. (GEG) Q1 2023 Earnings Call Transcript

Company to Host Conference Call at 9:00 a.m. ET on November 15, 2022 Company to Host Conference Call at 9:00 a.m. ET on November 15, 2022

Great Elm Group Reports Fiscal 2023 First Quarter Financial Results

WALTHAM, Mass., Nov. 10, 2022 (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 first quarter ended September 30, 2022, on Monday, November 14, 2022, after the closing of the stock market.

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

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Great Elm Group, Inc. (NASDAQ:GEG ) Q4 2022 Results Conference Call September 12, 2022 9:00 AM ET Company Participants Adam Yates - Managing Director Peter Reed - Chief Executive Officer Adam Kleinman - President Brent Pearson - CFO & CAO Conference Call Participants Brian Alexitch - Greenwich Investment Management Operator Good morning. My name is Rob, and I will be your conference operator today.

Great Elm Group, Inc. (GEG) Q4 2022 Earnings Call Transcript

Company to Host Conference Call at 9:00 a.m. ET on September 13, 2022 Company to Host Conference Call at 9:00 a.m. ET on September 13, 2022

Great Elm Group Reports Fiscal 2022 Fourth Quarter and Full Year Financial Results

WALTHAM, Mass., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2022 fourth quarter and full year ended June 30, 2022, on Monday, September 12, 2022, after the closing of the stock market.

Great Elm Group, Inc. Schedules Fiscal 2022 Fourth Quarter and Full Year Earnings Release and Conference Call

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WALTHAM, Mass., June 07, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (the “Company” or “GEG”) (NASDAQ: GEG) announced today the pricing of its underwritten public offering of $25,000,000 aggregate principal amount of its 7.25% unsecured notes due 2027 (the “Notes”), which will result in net proceeds to the Company of approximately $24,200,000 after payment of underwriting discounts and commissions.

Great Elm Group, Inc. Prices Public Offering of $25,000,000 of 7.25% Notes Due 2027

WALTHAM, Mass., June 06, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“GEG”) (NASDAQ: GEG) announced today the commencement of an underwritten public offering of unsecured notes due 2027 (the “Notes”). The Notes are expected to be listed on the Nasdaq Global Market under the trading symbol “GEGGL,” and to trade thereon within 30 days from the original issue date. The interest rate and other terms of the Notes will be determined by negotiations between GEG and the underwriters.

Great Elm Group Announces Public Offering of Unsecured Notes

WALTHAM, Mass., May 25, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” the “Company” or “GEG”) (NASDAQ: GEG), a diversified investment management company, today announced that Peter Reed has stepped down from the Company's Board of Directors and that the Board has appointed David Matter as a Director.

Great Elm Group, Inc. Announces the Appointment of Former BlackRock Executive David Matter to its Board

Company to Host Conference Call at 9:00 a.m. ET on May 6, 2022 Company to Host Conference Call at 9:00 a.m. ET on May 6, 2022

Great Elm Group Reports Fiscal 2022 Third Quarter Financial Results

WALTHAM, Mass., May 05, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”) (NASDAQ: GEG), a diversified holding company, today announced that Great Elm Capital Management, Inc. (“GECM”), a subsidiary of GEG, acquired the investment management agreement for Monomoy Properties REIT, LLC (“Monomoy REIT”) and certain other related assets from Imperial Capital Asset Management, LLC (“ICAM”) for an upfront purchase price of $10 million. In connection with the transaction, GEG committed to investing $15 million into Monomoy REIT and intends on investing an additional $15 million in Monomoy REIT over the next 12 months, although it is not contractually obligated to do so.

Great Elm Group Inc. Enters Private REIT Industry Through Acquisition of Management Agreements for Monomoy Properties REIT

Great Elm Group, Inc. (GEG) CEO Peter Reed on Q2 2022 Results - Earnings Call Transcript

Company to Host Conference Call at 9:00 a.m. ET on February 11, 2022 Company to Host Conference Call at 9:00 a.m. ET on February 11, 2022

Great Elm Group Reports Fiscal 2022 Second Quarter Financial Results

WALTHAM, Mass., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2022 second quarter ended December 31, 2021, on Friday, February 11, 2022, prior to the opening of the stock market.

Great Elm Group, Inc. Schedules Fiscal 2022 Second Quarter Earnings Release and Conference Call

Company to Host Conference Call at 9:00 a.m. ET on November 12, 2021 Company to Host Conference Call at 9:00 a.m. ET on November 12, 2021

Great Elm Group Reports Fiscal 2022 First Quarter Financial Results

WALTHAM, Mass., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2022 first quarter ended September 30, 2021 on Friday, November 12, 2021 prior to the opening of the stock market.

Great Elm Group, Inc. Schedules Fiscal 2022 First Quarter Earnings Release and Conference Call

WALTHAM, Mass., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (NASDAQ: GEG) announced today that its Annual Stockholders' Meeting will be held on November 17, 2021. The proxy statement containing the meeting details is expected to be available no later than first week of October to stockholders of record as of September 30, 2021.

Great Elm Group, Inc. Announces Date of Annual Meeting of Stockholders

Great Elm Group, Inc. (GEG) CEO Peter Reed on Q4 2021 Results - Earnings Call Transcript

Company to Host Conference Call at 8:30 AM ET on Tuesday, September 21, 2021

Great Elm Group Reports Fiscal 2021 Fourth Quarter and Year End Financial Results

WALTHAM, Mass., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”), (NASDAQ: GEG), today announced plans to release results for its fiscal 2021 fourth quarter ended June 30, 2021 on Monday, September 20, 2021 after the close of the financial markets.

Great Elm Group, Inc. Schedules Fiscal 2021 Fourth Quarter Earnings Release and Conference Call

WALTHAM, Mass., June 24, 2021 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“GEG” or “Great Elm”) (NASDAQ: GEG), a diversified holding company, today announced that it sold its entire ownership interest in two Class A office buildings located in Fort Myers, Florida (collectively, the “Real Estate Business”) to an affiliate of Monomoy Properties, LLC (“Monomoy”), a privately-held industrial properties focused REIT managed by Imperial Capital Asset Management, LLC, for a cash payment of $4.6 million. Pursuant to the terms of the transaction, GEG invested the proceeds of the sale into newly issued membership interests of Monomoy. GEG acquired the Real Estate Business in March 2018 for $2.7 million.

News for Great Elm Group Stock (GEG)