B. Riley Financial

B. Riley Financial, Inc. provides financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Auction and Liquidation, Financial Consulting, Principal Investments-United Online and magicJack, Brands, and Corporate and Other. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Auction and Liquidation segment operates through the retail store liquidations and wholesale and industrial assets dispositions. The Financial Consulting segment consists of bankruptcy, financial advisory, forensic accounting, litigation support, real estate consulting and valuation and appraisal services. The Principal Investments segment includes UOL, through which the firm provide consumer Internet access, and magicJack, through which it provides VoIP communication and related product and subscription services. The Brands segment consists of its brand investment portfolio that is focused on generating revenue through the licensing of trademarks and is held by BR Brand. The company was founded in 1973 and is headquartered in Los Angeles, CA.

Earnings data Q3 2020

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Earnings data Q2 2024

B. Riley Financial reports 2022 net loss but strong revenues, eyes growth

B. Riley Financial navigated investment losses to maintain strong operating revenues and EBITDA, fueled by strategic acquisitions and investments in recurring businesses. The company's balance sheet remains robust, supported by a dividend funded by recurring EBITDA. Management's focus on leverage and clarification on incentive fees present challenges, while opportunities lie in acquisitions and long-term debt structure.

B. Riley Financial reports strong Q1 earnings, eyes growth opportunities

B. Riley Financial's Q1 2023 earnings call showcased robust financial performance, driven by strategic acquisitions and diversified revenue streams. The company's strong balance sheet, focus on shareholder value creation, and confidence in navigating challenges position it well for future growth and value creation.

B. Riley Financial reports robust Q2 earnings and growth outlook

B. Riley Financial delivered a strong performance in Q2 2023, driven by revenue growth and operational improvements across key segments.
Despite challenges, the company's strategic strengths in various business areas and recent acquisitions position it well for future growth.
With a positive outlook on opportunities and a focus on enhancing advisory services, B. Riley Financial is poised for continued success and expansion.

B. Riley Financial reports record Q3 revenue and strategic investments

B. Riley Financial's Q3 showcased robust financial performance, marked by record revenues and operational efficiency.
While facing challenges from investment losses, the company's strategic initiatives and strong balance sheet position it for future growth.
Opportunities lie in expanding consumer segment revenue, potential buybacks, and continued focus on strategic investments for long-term value creation.

B. Riley Financial reports strong 2023 performance and strategic growth

B. Riley Financial delivered a robust financial performance in 2023 despite challenges, showcasing resilience and growth potential.
Maintaining a strong balance sheet, declaring dividends, and exploring strategic alternatives position the company for future success and value creation.
With a focus on core financial services and diverse revenue streams, B. Riley Financial is well-positioned to capitalize on growth opportunities and navigate challenges effectively.

B. Riley Financial reports mixed Q1 results, focuses on value creation

B. Riley Financial's Q1 2024 showed mixed financial performance with revenue growth in key segments but challenges in certain markets and operational efficiency.
Despite facing hurdles like investment losses and market challenges, the company maintains a strong liquidity position and a focus on strategic asset management for value creation.
Analysts' inquiries highlighted the need for clearer strategic direction and transparency, presenting an opportunity for the company to refine its communication and operational strategies.

B. Riley Financial projects Q2 loss, refocuses on core services

B. Riley Financial faces a challenging Q2 2024 with a projected net loss due to impairment charges and operational setbacks.
Despite challenges, the company showcases resilience by refocusing on core businesses and strategic initiatives to restore stakeholder confidence.
Opportunities lie in maximizing value from existing positions, enhancing forensic accounting capabilities, and creating growth avenues for clients.
The commitment to minimizing losses and creating opportunities underscores B. Riley's dedication to navigating challenges and fostering growth.

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B. Riley Financial, Inc. engages in the provision of financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Wealth Management segment offers retail brokerage, investment management, and insurance, and tax preparation services. The Financial Consulting segment focuses on a variety of specialized advisory services spanning bankruptcy, restructuring, turnaround management, forensic accounting, crisis and litigation support, appraisal and valuation, real estate, and operations management. The Auction and Liquidation segment deals with retail liquidation services. The Communications segment is composed of a portfolio of companies acquired for attractive risk-adjusted investment return characteristics. The Consumer segment includes Targus and the Brands investment portfolio. The company was founded in 1973 and is headquartered in Los Angeles, CA.

Although US stocks closed mixed on Wednesday, there were a few notable insider trades.

$4M Bet On B. Riley Financial?

LOS ANGELES , July 26, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Announces Pricing of $100 Million Common Stock Offering

LOS ANGELES , July 25, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Announces Preliminary Second Quarter 2023 Results and Guidance for Third Quarter 2023; Declares $1.00 Dividend

LOS ANGELES , July 25, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Announces Proposed Public Offering of Common Stock

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LOS ANGELES and DETROIT , July 11, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) ("B.

B. Riley Acquires Litigation Consulting and Forensic Accounting Firm, Crawford & Winiarski

NEW YORK , July 10, 2023 /PRNewswire/ -- B. Riley Securities, a subsidiary of B.

B. Riley to Host Consumer Conference on September 14, 2023 in New York

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Preferreds Weekly Review: Pricing Inefficiencies Continue To Persist

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Higher insider ownership indicates stronger shareholder alignment. We value our dividend income and like it more when management demonstrates that they care about it. Two safe yields where insiders are your ally; Enterprise Products and B. Riley Financial.

Insiders Are Loading Up On 2 Dividend Stocks

B. Riley Financial's double-digit yield is at its highest level in over half a decade. This is against a short interest of 28%. Cash from operations was higher than earnings and covered common and preferred stock dividends paid during the first quarter. The company realized revenue of $432.1 million for its fiscal 2023 first quarter, an increase of 75.1% over its year-ago comp.

B. Riley Financial: Is The 10.7% Yield Going To Be Cut? No

LOS ANGELES , June 6, 2023 /PRNewswire/ -- B. Riley Securities, a leading middle market investment bank and subsidiary of B.

B. Riley Expands Aerospace and Defense Investment Banking with Senior Managing Director, John Stack

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B. Riley Financial has a dividend yield of almost 11%. The company provides financial services such as investment banking and wealth management to clients.

Why Is B. Riley Financial's Dividend So High?

LOS ANGELES , May 18, 2023 /PRNewswire/ -- B. Riley Securities, subsidiary of B.

B. Riley Announces Sponsors of 2023 Annual Institutional Investor Conference

Participates in Bluestar Alliance's Acquisition of Scotch & Soda Brand LOS ANGELES , May 17, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Acquires Interest in Scotch & Soda; Expands Brand Investments Portfolio

LOS ANGELES , May 11, 2023 /PRNewswire/ -- B. Riley Securities, together with B.

B. Riley Announces 2023 Commissions for Charity Day on May 18 to Benefit Toigo Foundation and Sugar Ray Leonard Foundation

Senior restructuring advisors Ed Sanz and Mike Kain join B. Riley Advisory Services Establishes new B.

B. Riley Acquires Assets of ABTV, Leading Restructuring Advisory FirmFormerly Known as Anderson Bauman Tourtellot Vos

B. Riley Financial, Inc. (NASDAQ:RILY ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder and Co-Chief Executive Officer Tom Kelleher - Co-Founder and Co- Chief Executive Officer Phillip Ahn - Chief Financial Officer and Chief Operating Officer Conference Call Participants Paul Dwyer - Punch & Associates Thompson Clark - Mauldin Economics Operator Good afternoon and welcome to B. Riley Financial's First Quarter 2023 Earnings Call.

B. Riley Financial, Inc. (RILY) Q1 2023 Earnings Call Transcript

LOS ANGELES , May 4, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Reports First Quarter 2023 Results; Declares $1.00 Dividend

Robert C. Arnold joins as Senior Managing Director, Investment Banking  Anna Glaessgen and Jeff Lick join as Senior Equity Research Analysts LOS ANGELES , May 2, 2023 /PRNewswire/ -- B. Riley Securities, a leading middle market investment bank and subsidiary of B.

B. Riley Expands Consumer Industry Leadership with Three Strategic Hires

Hilco Merchant Resources, Gordon Brothers, Tiger Group, and B. Riley are managing the store closing process UNION, N.J.

Store Closing Sales Begin Across All Bed Bath & Beyond and buybuy BABY Locations Nationwide

Investor call scheduled at 4:30 p.m. ET LOS ANGELES , April 28, 2023 /PRNewswire/ -- B.

B. Riley Financial to Release First Quarter 2023 Results on May 4, 2023

Voted #1 in Litigation Consulting, Forensic Accounting, Litigation Dispute Categories Named #2 Expert Witness Provider LOS ANGELES , April 26, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY), a diversified business advisory and financial services platform, today announced that B.

News for B. Riley Financial Stock (RILY)