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 has over 1,000 employees and 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.
Reports revenues of $165.2 million for Q4 2019 and $652.1 million for FY 2019 with net income of $16.9 million for Q4 2019 and $81.3 million for FY 2019
Announces Block Purchase of 880,000 Shares of Common Stock
Declares total quarterly cash dividend of $0.35 per common share includes increased regular dividend of $0.25 per share and special dividend of $0.10 per share Total of $1.76 per share in dividends declared related to FY 2019 earnings