Great Elm Group Q3 Earnings Call Highlights
Adjusted EBITDA was negative $1.6 million for the quarter, compared with positive $0.5 million in the prior-year period, Davis said.The company posted a net loss of $13.5 million for the quarter versus a net loss of $4.5 million a year earlier. Davis said the change was “primarily driven by $9.8 million of unrealized losses, including consolidated funds,” with the majority associated with Great Elm’s investments in GECC common stock and related special purpose vehicles.CFO Keri Davis reported fiscal third q ...