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.
Full Year 2019 Net Income Expected to be $79.5 to $81.5 Million with Adj. EBITDA of $205.1 to $209.1 Million, Exceeds Prior Guidance for Net Income of $45 to $60 Million and Adj. EBITDA of $150 to $170 Million
Announces Block Purchase of 880,000 Shares of Common Stock