B. Riley: Q4 EBITDA Shows Positive Direction, But Economic Tailwinds Are Waning
Core Insights - B. Riley (NASDAQ: RILY) announced preliminary Q4 results, estimating net income between $48 million to $68 million, translating to earnings per share of $1.57 to $2.22 [1] - The significant income is primarily attributed to $236 million to $247 million from discontinued operations related to a divestiture [1] Financial Performance - Estimated net income for Q4 ranges from $48 million to $68 million [1] - Earnings per share are projected between $1.57 and $2.22 [1] - Income from discontinued operations is expected to be between $236 million and $247 million [1]