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B. Riley: Unsustainable Profitability And Eroding Net Asset Value
Seeking Alpha· 2024-06-16 13:14
Sergey Dementyev/iStock via Getty Images Analyst's Reply Feb 22 2024 seekingalpha.com/... Thanks @Structured Returns for sharing Performance Assessment The recent news here on FRG is a positive development easing some of the legal and reputational issues side of the bearish arguments. But that's not the only bearish narrative in B Riley > Reply Like (3) Pinned Comment from Author's Last RILY Article (Author's Last RILY Article's Comment Section, Seeking Alpha) Now, a couple of quarters of results have been ...
Elev8 New Media Returns as a Sponsor for B. Riley Securities Institutional Investor Conference
Newsfilter· 2024-05-20 14:47
Elev8 New Media is an award-winning boutique public relations agency that specializes in results-driven media relations and social media management. Elev8's public relations and social media teams strive to build strong relationships with its clients and the media while providing creative social strategies to meet their overall business objectives. For more information, please visit www.elev8newmedia.com. About B. Riley Securities: LOS ANGELES, May 20, 2024 (GLOBE NEWSWIRE) -- Elev8 New Media ("Elev8"), an ...
B. Riley Financial: $1.61 Billion In Ample Liquidity, Dividend Declared, And Short Squeeze
Seeking Alpha· 2024-05-18 14:50
LPETTET If you had to take away one figure from B. Riley Financial's (NASDAQ:RILY) fiscal 2024 first-quarter earnings it would have to be its total cash and investments balance of $1.61 billion. The financial services firm is also set to fully redeem its 6.75% Senior Notes Due 5/31/2024 (NASDAQ:RILYO) at the end of May, reducing the number of its public trading baby bonds to six. I own a substantial position in the 5.25% Senior Notes Due 08/31/2028 (NASDAQ:RILYZ) with these currently trading nearly $9 below ...
B. Riley Financial(RILY) - 2024 Q1 - Earnings Call Transcript
2024-05-15 23:26
B. Riley Financial, Inc. (NASDAQ:RILY) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Bryant Riley - Chairman, Co-Founder & Co-CEO Phillip Ahn - CFO & COO Tom Kelleher - Co-Founder & Co-CEO Conference Call Participants Sean Haydon - Charles Lane Capital Paul Dwyer - Punch & Associates Robert Heimowitz - Concise Capital Management Operator Good afternoon, and welcome to B. Riley Financial's First Quarter 2024 Earnings Call. My name is Ariel, and I will be your call coordinator. ...
B. Riley Financial(RILY) - 2024 Q1 - Quarterly Report
2024-05-15 21:19
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37503 B. RILEY FINANCIAL, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 27-0223495 (Sta ...
B. Riley Financial(RILY) - 2024 Q1 - Quarterly Results
2024-05-15 20:10
Exhibit 99.1 B. Riley Financial Reports First Quarter 2024 Results; Declares Quarterly Dividend of $0.50 per share LOS ANGELES, May 15, 2024 – B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today released financial results for the three-month period ended March 31, 2024. First Quarter 2024 Summary Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: "Overall, we had a solid quarter from an operating perspec ...
B. Riley Will Hold its Annual Commissions for Charity Day on May 16, 2024
Prnewswire· 2024-05-08 17:25
All trading commissions on May 16 will be donated to the Sugar Ray Leonard Foundation in support of funding research and care for childhood diabetes LOS ANGELES, May 8, 2024 /PRNewswire/ -- B. Riley Securities, a leading middle market brokerage and investment bank, together with B. Riley Financial (Nasdaq: RILY) (collectively, "B. Riley"), is pleased to announce that its annual Commissions for Charity Day will take place on Thursday, May 16, 2024. All trading commissions on May 16 will be donated to B. Rile ...
B. Riley Financial Announces Full Redemption of 6.75% Senior Notes due 2024
Prnewswire· 2024-05-01 11:30
LOS ANGELES, May 1, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company") today announced that it has called for the full redemption equal to $25,000,000 aggregate principal amount of its 6.75% Senior Notes due 2024 (the "Notes") on May 31, 2024 (the "Redemption Date"). The redemption price is equal to 100% of the aggregate principal amount, plus any accrued and unpaid interest up to, but excluding, the Redemption Date, as set forth in each notice of redemption delivered ...
Planet Cyclery and Colorado Cyclist Sitewide Closing Sale Features Discounts of Up to 30% Across all Apparel, Bike Parts and Accessories
Prnewswire· 2024-04-29 16:00
B. Riley Retail Solutions is Facilitating Colorado Cyclist and Planet Cyclery Website Closing Sales LOS ANGELES, April 29, 2024 /PRNewswire/ -- Premium providers of high-quality bikes, components, and apparel for cyclists, Planet Cyclery and Colorado Cyclist, have commenced website closing sales across all premium cycling apparel and gear with starting discounts of up to 30% across all merchandise. Both sitewide closing sales feature deep discounts across biking gear and equipment, from bikes, wheels, tires ...
B. Riley Financial Regains Compliance with Nasdaq Listing Rule 5250(c)(1)
Prnewswire· 2024-04-26 13:01
LOS ANGELES, April 26, 2024 /PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) (the "Company") announced that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) in connection with the filing of its 2023 Annual Report on Form 10-K (the "Annual Report"). The Company received notice from The Nasdaq Stock Market on April 25, 2024 that it has regained compliance with the Listing Rule, which requires listed companies to timely file all required periodic financial reports with the Securit ...