Great Elm Capital: Fourth Quarter Earnings Overview

Great Elm Capital Corporation Reports Fourth Quarter Loss

Great Elm Capital Corporation, headquartered in Palm Beach Gardens, Florida, announced on Monday that it experienced a net loss of $22 million during the fourth quarter.

The company reported a per-share loss of $1.57 for the quarter. After adjusting for investment-related expenses, earnings were 31 cents per share.

Total revenue for the quarter reached $12.6 million.

Looking at the full year, Great Elm Capital Corporation recorded a net loss of $31.8 million, which amounts to $2.57 per share. Annual revenue was reported at $50 million.