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/PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified financial services company, today announced results for the three- and twelve-month...
Operating adjusted EBITDA Investment gains Completed acquisition of National Holdings, enhancing wealth management and capital markets Declared total quarterly dividend of $3.00 per common share Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said: "Our first quarter performance again demonstrates the combined platform's strength and earnings power, with this period driven by particularly exceptional results from our investment banking group. Our results were enhanced by investment gains of approximately $267 million, coupled with a year-over-year increase of ov...
Record investment banking results driven by increased activity and larger transactions Net income of $170.1 million vs. $16.9 million, EPS of $6.55 vs. $0.59 per diluted share Operating revenues of $270.0 million vs. $130.5 million, Operating EBITDA of $126.8 million vs. $16.4 million Q4 total adjusted EBITDA of $260.5 million vs. $50.3 million Full Year 2020 Record annual total revenues of $902.7 million vs. $652.1 million for FY 2019 Net income of $200.4 million vs. $81.3 million, EPS of $7.56 vs. $2.95 per diluted share Operating revenues of $798.7 million vs. $545.6 million, Operati...
Share this article Share this article LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) today released guidance for the fourth quarter and full year 2020 ending December 31, 2020. Forecasted Fourth Quarter 2020 Results Net income guidance range of $109 to $112 million, or $4.15 to $4.27 per diluted share Adjusted EBITDA Operating adjusted EBITDA Forecasted Full Year 2020 Results Net income of $143 to $146 million, or $5.19 to $5.31 per diluted share, up over 75% from FY 2019 Adjusted EBITDA Operating adjusted EBITDA (2) of $285 to $290 million, up over 150%...