B. Riley Financial Reports Record Results for the Third Quarter of 2019
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B. Riley Financial (RILY) Reports Q3 EPS of $1.42; Announces Up to $50M Share Buyback
October 30, 2019 5:55 PM EDTB. Riley Financial (NASDAQ: RILY) reported Q3 EPS of $1.42, versus $0.24 reported last year. Revenue for the quarter came in at $180.1 million, versus $99.68 million reported last year.
Third Quarter 2019 Highlights
Total revenues of $180.1 millionNet income of $34.3 million or $1.21 per diluted shareAdjusted EBITDA of $70.3 millionAdjusted net income of $40.0 million or $1.42 per diluted share"We are extremely pleased to report record results in our third quarter earnings. These results speak to the strength of our individual businesses, combined with the synergies and opportunities being created... More
