Welcome to our dedicated page for B. Riley Financial news (Ticker: $RILY), a resource for investors and traders seeking the latest updates and insights on B. Riley Financial stock.
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B. Riley Financial, Inc. (RILY) received a delinquency notification letter from Nasdaq due to the delayed filing of its Annual Report. The Company's securities on Nasdaq are not immediately affected, but it must submit a plan to regain compliance within 60 days.
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End-of-Day
-2.46%
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B. Riley Securities announces sponsors for its Annual Institutional Investor Conference on May 22-23, 2024, featuring over 200 companies from various sectors. The event will host 1,000 attendees and offer networking opportunities through fireside discussions and panels.
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-4.74%
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B. Riley Financial, Inc. announces the retention of Moelis & Company LLC as an independent financial advisor to explore strategic alternatives for its Appraisal and Valuation Services, and Retail, Wholesale & Industrial Solutions businesses. The businesses, collectively known as Great American Group, have shown significant revenue and operating income growth in fiscal year 2023. The potential sale or transaction could unlock greater value for shareholders.
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End-of-Day
-8.1%
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B. Riley Financial, Inc. (RILY) released preliminary unaudited financial results for the fourth quarter and full year ending December 31, 2023. Total revenues for Q4 2023 were $347 million with a net loss of $70 million. For the full year 2023, total revenues increased to $1.65 billion, but a net loss of $86 million was driven by a non-cash impairment charge. Operating adjusted EBITDA for the year was $368 million compared to $394 million in 2022.
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Rhea-AI Sentiment
End-of-Day
-8.1%
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B. Riley Securities, a subsidiary of B. Riley Financial, will host a Radiopharma Investor Conference on March 1, 2024, in New York. The conference aims to showcase small and mid-cap companies specializing in life-saving radiotherapeutics and imaging agents. Industry experts will discuss clinical development, isotope manufacturing, drug development, and more.
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End-of-Day
1.6%
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B. Riley Financial, Inc. affirms proper conduct in the management-led buyout of FRG. The Audit Committee's review found no involvement or knowledge of alleged misconduct by the Company or its executives. The Board reiterates confidence in the Company's integrity and commitment to shareholder interests.
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Rhea-AI Sentiment
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8.88%
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B. Riley Financial, Inc. (RILY) will announce Q4 and FY 2023 results on February 29, 2024. The earnings call will feature key executives discussing the performance, followed by a Q&A session with analysts and investors.
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Rhea-AI Sentiment
End-of-Day
8.88%
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B. Riley Financial, Inc. (RILY) announced the partial redemption of $115,492,400 aggregate principal amount of its 6.75% Senior Notes due 2024 on February 29, 2024, to satisfy obligations under its credit facility. The redemption price is 100% of the aggregate principal amount plus any accrued and unpaid interest up to the Redemption Date. The remaining $25.0 million aggregate principal amount of Notes will continue to accrue interest until the Maturity Date, which is May 31, 2024, when it is anticipated that the remaining Notes will be repaid.
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Rhea-AI Sentiment
End-of-Day
4.7%
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B. Riley Financial, Inc. responds to Bloomberg News article with a statement on January 22, 2024. The Firm clarifies its position in response to the inquiry made by a reporter from Bloomberg News on January 21, 2024.
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-2.48%
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B. Riley Financial, Inc. (RILY) declares cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (RILYL). Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share. The 6.875% Series A Preferred Stock cash dividend equals $0.42968750 per depositary share, and the 7.375% Series B Preferred Stock cash dividend equals $0.4609375 per depositary share.
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B. Riley Financial, Inc.
Nasdaq:RILY
RILY Rankings
RILY Stock Data
860.69M
16.01M
46.39%
50.78%
40.09%
Investment Banking and Securities Dealing
Finance and Insurance
United States of America
LOS ANGELES
About RILY
b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b. riley fbr, inc. (www.brileyfbr.com), wunderlich securities, inc. (www.wunderlichonline.com), great american group, llc (www.greatamerican.com), b. riley capital management, llc (which includes b. riley asset management (www.brileyam.com), b. riley wealth management (www.brileywealth.com), and great american capital partners, llc (www.gacapitalpartners.com)) and b. riley principal investments, a group that makes proprietary investments in other businesses, such as the acquisition of united online, inc. learn more about us and our services at www.brileyfin.com.