Great Elm: Fiscal 4Q Earnings Snapshot
WALTHAM, Mass. (AP) _ Great Elm Capital Group (GEC) on Monday reported a loss of $2.5 million in its fiscal fourth quarter.
The Waltham, Massachusetts-based company said it had a loss of 10 cents per share.
The holding company that invests in businesses and assets posted revenue of $2.1 million in the period.
For the year, the company reported that its loss narrowed to $11.1 million, or 46 cents per share. Revenue was reported as $5.9 million.
The company’s shares closed at $3.15. A year ago, they were trading at $3.55.