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Great Elm Group, Inc. Reports Fiscal 2021 Third Quarter Financial Results
Company to Host Conference Call at 4:30 PM ET Today
WALTHAM, Mass., May 14, 2021 (GLOBE NEWSWIRE) Great Elm Group, Inc. (“we,” “us,” “our,” “GEG,” or “Great Elm”) (NASDAQ: GEG), a diversified holding company, today announced financial results for its fiscal 2021 third quarter ended March 31, 2021.
Fiscal 2021 Third Quarter Highlights
(all comparisons versus the prior-year period unless otherwise noted)
Consolidated:
Consolidated net loss was $2.9 million, compared to net loss of $11.9 million
Consolidated Adjusted EBITDA was $3.6 million, compared to $2.6 million
Operating Companies:
DME reported net loss of $5.1 million, compared to net loss of $1.4 million
DME reported Adjusted EBITDA of $3.4 million, compared to $2.5 million