B. Riley Financial Reports Record Fourth Quarter and Full Year 2020 Results, Declares $3.50 Dividend

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Go back to B. Riley Financial Reports Record Fourth Quarter and Full Year 2020 Results, Declares $3.50 Dividend

B. Riley Financial (RILY) Reports Q4 EPS of $6.87

February 25, 2021 5:29 PM EST

B. Riley Financial (NASDAQ: RILY) reported Q4 EPS of $6.87, versus $0.83 reported last year. Revenue for the quarter came in at $410.2 million, versus $165.2 million reported last year.

Fourth Quarter 2020 Financial Highlights

Record quarterly total revenues of $410.2 million vs. $165.2 million for Q4 2019Record investment banking results driven by increased activity and larger transactionsNet income of $170.1 million vs. $16.9 million, EPS of $6.55 vs. $0.59 per diluted shareOperating revenues of $270.0 million vs. $130.5 million, Operating EBITDA of $126.8 million vs. $16.4 millionQ4 total adjusted EBITDA of $260.5 million vs. $50.3 million

Bryant Riley, Chairman and... More