B. Riley Financial Reports Results for Fourth Quarter and Full Year 2019 and Increases Quarterly Dividend

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B. Riley Financial (RILY) Reports Q4 EPS of $0.83 on Revenues of $165.2M

March 3, 2020 4:14 PM EST

B. Riley Financial (NASDAQ: RILY) reported Q4 EPS of $0.83, versus $0.03 reported last year. Revenue for the quarter came in at $165.2 million, versus $102.03 million reported last year.

Q4 2019 Highlights

Revenues of $165.2 million vs. $102.0 million for Q4 2018Net income of $16.9 million or $0.59 per diluted shareAdjusted EBITDA of $50.3 million vs. $11.2 million for Q4 2018Adjusted net income of $23.6 million or $0.83 per diluted share

Q4 2019 Financial Summary

Fourth quarter 2019 revenue increased to $165.2 million from $102.0 million for the fourth quarter of 2018, despite a loss in the Auction and Liquidation segment during the quarter.... More