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RILY News and Press, B. Riley Financial Inc. From 08/16/23

Stock Information

Company Name: B. Riley Financial Inc.
Stock Symbol: RILY
Market: NASDAQ
Website: brileyfin.com

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RILY - Franchise Group sinks ahead of shareholder vote on buyout

2023-08-16 13:57:57 ET More on Franchise Group Risk Outweighs Reward With Franchise Group Franchise Group: Is The 32% Takeout Premium Good Enough? Franchise Group agrees to $30 a share management buyout Franchise Group, Conn's gain on report of potential take...

RILY - Tracking George Soros's Portfolio - Q2 2023 Update

2023-08-14 07:55:03 ET Summary George Soros's 13F portfolio value decreased slightly from $6.49B to $6.41B, with 172 positions. New stakes include PDC Energy, IVERIC bio, ARK Innovation ETF Calls, Alibaba Group Holding, Five9 Puts, RenaissanceRE Holdings, and MicroStrategy Puts. ...

RILY - Risk Outweighs Reward With Franchise Group

2023-08-10 14:34:33 ET Summary Franchise Group is set to be acquired in a management buyout, with holders of common stock receiving $30 per share. The current offer represents a minimal spread above the most recent closing price, with a potential downside of over 23% if the takeov...

RILY - B. Riley Financial, Inc. (RILY) Q2 2023 Earnings Call Transcript

2023-08-09 20:08:01 ET B. Riley Financial, Inc. (RILY) Q2 2023 Earnings Conference Call August 09, 2023 04:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-Chief Executive Officer Phillip Ahn - Chief Financial Officer & Chief Operating O...

RILY - B. Riley Financial GAAP EPS of $1.55, revenue of $406.28M

2023-08-09 16:24:32 ET B. Riley Financial press release ( NASDAQ: RILY ): Q2 GAAP EPS of $1.55. Revenue of $406.28M (+191.0% Y/Y). Operating Revenues of $363.9 million Reaffirmed Q3 2023 Guidance Expects Operating Adjusted EBITDA of at least $105 ...

RILY - B. Riley Financial Reports Second Quarter 2023 Results; Quarterly Dividend of $1.00 per share Payable August 21, 2023

B. Riley Financial Reports Second Quarter 2023 Results; Quarterly Dividend of $1.00 per share Payable August 21, 2023 PR Newswire Reaffirms Q3 2023 Guidance for Operating Adjusted EBITDA of at least $105 million LOS ANGELES , Aug. 9, 2023 /PRNewswire/...

RILY - B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER

B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER PR Newswire GA Europe Leading Optimization of Over 120 Salamander Retail Stores in Germany , Hungary , and Austria LOS ANGELES , Aug. 2, 2023 /PRNewswire/ -- ...

RILY - B. Riley Financial to Release Second Quarter 2023 Results on August 9, 2023

B. Riley Financial to Release Second Quarter 2023 Results on August 9, 2023 PR Newswire Investor call scheduled at 4:30 p.m. ET LOS ANGELES , Aug. 2, 2023 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) will release its financial results ...

RILY - B. Riley Financial B. Riley Financial Announces Preliminary Second Quarter 2023 Results

2023-08-01 14:15:56 ET B. Riley Financial press release ( NASDAQ: RILY ): Q2  Total revenues estimated within the range of $405 million to $407 million Net income attributable to the Company between $44.6 million to $46.6 million Diluted earnings per common share ...

RILY - B. Riley Financial's Equity Raise: Peak Leverage Or Unsustainable Dividend

2023-08-01 05:25:31 ET Summary B. Riley Financial's recent equity raise suggests one of two scenarios, an acknowledgment of untenable dividend policy, or an effort to recalibrate its financial leverage, restoring balance to its sheets. Despite marketing its diversification strateg...

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