Headquartered in Los Angeles with offices across the U.S., B. Riley Financial (NASDAQ:RILY) is a publicly traded, diversified financial services company which invests in and acquires companies with attractive return profiles. The company operates through several wholly-owned subsidiaries which provide a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals.
B. Riley Financial Reports Third Quarter 2022 Results
Total Revenues of $340.4 million
Net Income of $45.8 million, Diluted EPS of $1.53
Adjusted EBITDA of $141.4 million
Declares Quarterly Dividend of $1.00 per common share
Board Approves Share Repurchase Plan of up to $50 million