B. Riley Financial Reports First Quarter 2020 Results and Declares Quarterly Cash Dividend of $0.25 per Common Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/7/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
B. Riley Financial (RILY) Reports Q1 Loss of $3.13
May 11, 2020 4:41 PM EDTB. Riley Financial (NASDAQ: RILY) reported Q1 EPS of ($3.13), versus $0.61 reported last year. Revenue for the quarter came in at $182.24 million, versus $116.26 million reported last year.
First Quarter 2020 Financial Summary
GAAP consolidated revenues of ($0.2 million) and net loss of ($98.7 million)Record quarterly operating revenues (1) of $182.2 million and operating adjusted EBITDA (3) of $70.9 millionInvestment loss (4) driven by significant markdowns, primarily unrealized losses on marketable securities and on fair value of loansCash and cash equivalents total $124.2 million at March 31, 2020Repurchased over one million shares of... More