Great Elm Capital Group, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results
GREAT ELM CAPITAL GROUP (GEC)
US:NYSE Investor Relations:
greatelmcc.com/investor-relations
Company Research
Source: GlobeNewswire
Significant quarter-over-quarter DME revenue growth in all major product categoriesNew positive air pressure (“PAP”) patient setups increased by approximately 19.8%, quarter-over-quarterInvestment Management reports year-over-year management fee growth of approximately 13.5% for the twelve months ended June 30, 2019 WALTHAM, Mass., Sept. 13, 2019 (GLOBE NEWSWIRE) -- Great Elm Capital Group, Inc. (NASDAQ: GEC, “Great Elm”) announced its financial results for the quarter and year ended June 30, 2019. Great Elm will host a conference call and webcast on Friday, September 13, 2019 at 8:00 a.m. Eastern Time to discuss its fourth quarter 2019 financial results. Please see below for details. Select highlights from the fourth quarter and full fiscal year 2019 include: Operating Companies:º For the three months ended June 30, 2019, $12.9 million of revenue, $1.0 million of net loss and $2.8 million of adjusted EBITDAº For the approximately 10 months ended June 30, 2019
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