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 Q1 2023

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Earnings data Q1 2024

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.

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LOS ANGELES , March 28, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Leads Financing to Support Harrow Health Acquisition

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The Bank Mess Is Hiding Safe (And Cheap!) 6.6%+ Payouts

LOS ANGELES , March 16, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Files 2022 Annual Report on Form 10-K

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The YTM (yield to maturity) on B. Riley baby bonds has increased as much as 44% in just the last 3 weeks with YTMs up to 12.96%. A short attack (IMO without merit) caused RILY stock to drop but strangely the much safer baby bonds dropped much more. Thus, this excellent buying opportunity now exists.

Investor Insanity Creates Huge Mispricing: 12.5% YTM On B. Riley Baby Bonds

The stock price of B Riley Financial Inc (NASDAQ: RILY) fell by over 12% this past week. This is why.

RILY Stock: Over 12% Decrease This Past Week

B. Riley Financial, Inc. (NASDAQ:RILY ) Q4 2022 Results Conference Call February 22, 2023 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-CEO Tom Kelleher - Co-Founder, Co-CEO Phil Ahn - CFO, COO Conference Call Participants Keith Rosenbloom - Cruiser Capital Paul Dwyer - Punch & Associates Sean Haydon - Charles Lane Capital Operator [Call Starts Abruptly] Today's call includes prepared remarks from the company followed by a question-and-answer session. Joining us today from B.

B. Riley Financial, Inc. (RILY) Q4 2022 Earnings Call Transcript

Q4 2022 GAAP Net Loss of ($59.4 million) Q4 2022 Total Revenues of $326.8 million Q4 2022 Operating Revenues of $450.4 million Q4 2022 Operating Adjusted EBITDA of $101.8 million, had guided to $90-100 million Q4 2022 Investment loss of ($123.5 million), had guided to ($125-$150 million) Declares Quarterly Dividend of $1.00 per common share LOS ANGELES , Feb. 22, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Reports Fourth Quarter and Full Year 2022 Results; Declares $1.00 Dividend

Expands restructuring and financial consulting services; Increases cross-border opportunities LOS ANGELES and TORONTO , Feb. 22, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) ("B.

B. Riley Acquires Corporate Division of Farber Group, Leading Business Advisory Firm in Canada

Investor call scheduled at 4:30 p.m. ET LOS ANGELES , Feb. 21, 2023 /PRNewswire/ -- B.

B. Riley Financial to Release Fourth Quarter and Full Year 2022 Results on February 22, 2023

A short attack has happened on B. Riley Financial, we dig to see if it holds water. We look at the risk for baby bond and preferred holders.

B. Riley Financial - Don't Bet Your Shorts

B. Riley Financial (NASDAQ: RILY ) stock is plunging lower following a 24-page short report from Wolfpack Research. Wolfpack starts off the report by highlighting that B.

Wolfpack Research Short Report Sends B. Riley (RILY) Stock Down 12%

RILY has a complex financial services business with lots of irons in the fire, some cyclical and others countercyclical. Co-CEO Bryant Riley has proven capable of producing strong shareholder value over the years, most notably in the form of a generous dividend.

B. Riley Financial: The 9%-Yielding Dividend Still Looks Safe

Wednesday, May 24th and Thursday, May 25th, 2023 at The Beverly Hilton in Beverly Hills, CA LOS ANGELES , Feb. 6, 2023 /PRNewswire/ -- B. Riley Securities, Inc. ("B.

B. Riley Securities Announces 23rd Annual Institutional Investor Conference

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Estimates Operating Adjusted EBITDA range of $90-100 million for Q4 2022; and $355-$365 million for FY2022 LOS ANGELES , Dec. 27, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Provides Fourth Quarter and FY 2022 Earnings Guidance

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B. RILEY FINANCIAL ISSUES OPEN LETTER TO CORE SCIENTIFIC INVESTORS

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B. Riley Financial, Inc. (NASDAQ:RILY ) Q3 2022 Earnings Conference Call November 3, 2022 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 Mike Frank – Investor Relations Conference Call Participants Stanford Wyatt – August Partners Operator Good afternoon and welcome to B. Riley Financial [Technical Difficulty] Investor Relations website at ir.brileyfin.com.

B. Riley Financial, Inc. (RILY) Q3 2022 Earnings Call Transcript

Total Revenues of $340.4 million Net Income of $45.8 million, Diluted EPS of $1.53 Adjusted EBITDA of $141.4 million Declares Quarterly Dividend of $1.00 per common share Board Approves Share Repurchase Plan of up to $50 million LOS ANGELES , Nov. 3, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B.

B. Riley Financial Reports Third Quarter 2022 Results; Declares $1.00 Dividend

LOS ANGELES , Oct. 31, 2022 /PRNewswire/ --  B. Riley Securities, Inc. , a leading full service investment bank and subsidiary of B.

B. Riley Securities Expands Healthcare & Life Sciences Investment Banking

Investor call scheduled at 4:30 p.m. ET LOS ANGELES , Oct. 27, 2022 /PRNewswire/ -- B.

B. Riley Financial to Release Third Quarter 2022 Results on November 3, 2022

Today, we take a look at B. Riley Financial, whose business has been significantly impacted by declining deal volume and poor market performance. However, insiders started to make significant purchases of the stock in October and the shares yield north of 9%.

B. Riley Financial: High Yield, Significant Insider Buying

News for B. Riley Financial Stock (RILY)