B. Riley Financial

B. Riley Financial, Inc. provides financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Auction and Liquidation, Financial Consulting, Principal Investments-United Online and magicJack, Brands, and Corporate and Other. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Auction and Liquidation segment operates through the retail store liquidations and wholesale and industrial assets dispositions. The Financial Consulting segment consists of bankruptcy, financial advisory, forensic accounting, litigation support, real estate consulting and valuation and appraisal services. The Principal Investments segment includes UOL, through which the firm provide consumer Internet access, and magicJack, through which it provides VoIP communication and related product and subscription services. The Brands segment consists of its brand investment portfolio that is focused on generating revenue through the licensing of trademarks and is held by BR Brand. The company was founded in 1973 and is headquartered in Los Angeles, CA.

Earnings data Q3 2020

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B. Riley Financial reports 2022 net loss but strong revenues, eyes growth

B. Riley Financial navigated investment losses to maintain strong operating revenues and EBITDA, fueled by strategic acquisitions and investments in recurring businesses. The company's balance sheet remains robust, supported by a dividend funded by recurring EBITDA. Management's focus on leverage and clarification on incentive fees present challenges, while opportunities lie in acquisitions and long-term debt structure.

B. Riley Financial reports strong Q1 earnings, eyes growth opportunities

B. Riley Financial's Q1 2023 earnings call showcased robust financial performance, driven by strategic acquisitions and diversified revenue streams. The company's strong balance sheet, focus on shareholder value creation, and confidence in navigating challenges position it well for future growth and value creation.

B. Riley Financial reports robust Q2 earnings and growth outlook

B. Riley Financial delivered a strong performance in Q2 2023, driven by revenue growth and operational improvements across key segments.
Despite challenges, the company's strategic strengths in various business areas and recent acquisitions position it well for future growth.
With a positive outlook on opportunities and a focus on enhancing advisory services, B. Riley Financial is poised for continued success and expansion.

B. Riley Financial reports record Q3 revenue and strategic investments

B. Riley Financial's Q3 showcased robust financial performance, marked by record revenues and operational efficiency.
While facing challenges from investment losses, the company's strategic initiatives and strong balance sheet position it for future growth.
Opportunities lie in expanding consumer segment revenue, potential buybacks, and continued focus on strategic investments for long-term value creation.

B. Riley Financial reports strong 2023 performance and strategic growth

B. Riley Financial delivered a robust financial performance in 2023 despite challenges, showcasing resilience and growth potential.
Maintaining a strong balance sheet, declaring dividends, and exploring strategic alternatives position the company for future success and value creation.
With a focus on core financial services and diverse revenue streams, B. Riley Financial is well-positioned to capitalize on growth opportunities and navigate challenges effectively.

B. Riley Financial reports mixed Q1 results, focuses on value creation

B. Riley Financial's Q1 2024 showed mixed financial performance with revenue growth in key segments but challenges in certain markets and operational efficiency.
Despite facing hurdles like investment losses and market challenges, the company maintains a strong liquidity position and a focus on strategic asset management for value creation.
Analysts' inquiries highlighted the need for clearer strategic direction and transparency, presenting an opportunity for the company to refine its communication and operational strategies.

B. Riley Financial projects Q2 loss, refocuses on core services

B. Riley Financial faces a challenging Q2 2024 with a projected net loss due to impairment charges and operational setbacks.
Despite challenges, the company showcases resilience by refocusing on core businesses and strategic initiatives to restore stakeholder confidence.
Opportunities lie in maximizing value from existing positions, enhancing forensic accounting capabilities, and creating growth avenues for clients.
The commitment to minimizing losses and creating opportunities underscores B. Riley's dedication to navigating challenges and fostering growth.

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B. Riley Financial, Inc. engages in the provision of financial services and solutions to the capital raising and financial advisory needs of public and private firms. It operates through the following segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets segment provides investment banking, corporate finance, research, wealth management, and sales and trading services to corporate, institutional, and high net worth clients. The Wealth Management segment offers retail brokerage, investment management, and insurance, and tax preparation services. The Financial Consulting segment focuses on a variety of specialized advisory services spanning bankruptcy, restructuring, turnaround management, forensic accounting, crisis and litigation support, appraisal and valuation, real estate, and operations management. The Auction and Liquidation segment deals with retail liquidation services. The Communications segment is composed of a portfolio of companies acquired for attractive risk-adjusted investment return characteristics. The Consumer segment includes Targus and the Brands investment portfolio. The company was founded in 1973 and is headquartered in Los Angeles, CA.

LOS ANGELES, CA / ACCESSWIRE / March 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

FINAL DEADLINE APPROACHING: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , March 15, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in B. Riley Financial, Inc. ("B.

Shareholders of B. Riley Financial, Inc. Should Contact Levi & Korsinsky Before March 25, 2024 to Discuss Your Rights - RILY

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=71122&wire=1 or contact Joseph E.

Shareholders that lost money on B. Riley Financial, Inc. (RILY) should contact Levi & Korsinsky about pending Class Action - RILY

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70967&wire=1 or contact Joseph E.

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of B. Riley Financial, Inc. (RILY) Shareholders

NEW YORK, NY / ACCESSWIRE / March 14, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70972&wire=1 or contact Joseph E.

Shareholders that lost money on B. Riley Financial, Inc. (RILY) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

LOS ANGELES, CA / ACCESSWIRE / March 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 13, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70938&wire=1 or contact Joseph E.

B. Riley Financial, Inc. Class Action: Levi & Korsinsky Reminds B. Riley Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 25, 2024 – RILY

LOS ANGELES, CA / ACCESSWIRE / March 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

MARCH 25 DEADLINE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70707&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 25, 2024 in B. Riley Lawsuit – RILY

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70700&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 25, 2024 in B. Riley Financial, Inc. Lawsuit – RILY

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70664&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds B. Riley Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 25, 2024 - RILY

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70620&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds B. Riley Financial, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 25, 2024 - RILY

LOS ANGELES, CA / ACCESSWIRE / March 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

IMPORTANT MARCH DEADLINE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

B. Riley Financial made moves to start repurchasing its debt at currently attractive discounts by cutting its quarterly dividend by 50%. RILYZ currently offers a near-10% yield on cost at a 45% discount to their $25 per note liquidation value. The investment bank held cash and equivalents at the end of its recent fourth quarter of $232 million and has launched a strategic review for its Great American Group business.

B. Riley: High Risk With High Stakes That May Take A While To Play Out

NEW YORK, NY / ACCESSWIRE / March 11, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70511&wire=1 or contact Joseph E.

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of March 25, 2024 in B. Riley Financial, Inc. Lawsuit - RILY

NEW YORK , March 11, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of B. Riley Financial, Inc. (NASDAQ: RILY) between May 10, 2023 and November 9, 2023, both dates inclusive (the "Class Period"), of the important March 25, 2024 lead plaintiff deadline.

ROSEN, A LEADING LAW FIRM, Encourages B. Riley Financial, Inc. Investors to Secure Counsel Before Important March 25 Deadline in Securities Class Action - RILY

NEW YORK, March 11, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against B. Riley Financial ("B.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against B. Riley Financial - RILY

NEW YORK , March 11, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of B. Riley Financial, Inc..

B. Riley Financial, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before March 25, 2024 to Discuss Your Rights - RILY

NEW YORK, NY / ACCESSWIRE / March 10, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70161&wire=1 or contact Joseph E.

Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of B. Riley Financial, Inc.(RILY) Shareholders

NEW YORK, NY / ACCESSWIRE / March 8, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=70052&wire=1 or contact Joseph E.

Shareholders That Lost Money on B. Riley Financial, Inc.(Rily) Should Contact Levi & Korsinsky About Pending Class Action - Rily

B. Riley's Flagship Conference Will Gather 200 Public and Privately Held Companies Across Variety of Industry Sectors on May 22-23, 2024 LOS ANGELES , March 7, 2024 /PRNewswire/ -- B. Riley Securities ("B.

B. Riley Securities Announces Sponsors of 24th Annual Institutional Investor Conference

NEW YORK , March 7, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of B. Riley Financial, Inc..

B. Riley Financial, Inc. Class Action: The Gross Law Firm Reminds B. Riley Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 25, 2024 - RILY

LOS ANGELES, CA / ACCESSWIRE / March 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against B. Riley Financial, Inc. ("B.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in B. Riley Financial, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK, NY / ACCESSWIRE / March 5, 2024 / If you suffered a loss on your B. Riley Financial, Inc. (NASDAQ:RILY) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/b-riley-lawsuit-submission-form?prid=69310&wire=1 or contact Joseph E.

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