B. Riley Financial (RILY) Declares $0.03 Quarterly Dividend; 1.3% Yield
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B. Riley Financial Reports Second Quarter 2016 Financial Results
August 5, 2016 8:01 AM EDTLOS ANGELES, Aug. 5, 2016 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified provider of financial and business advisory services, reported results for the second quarter ended June 30, 2016.
Q2 2016 net loss of $0.1 million or $(0.01) per diluted share Q2 2016 adjusted EBITDA of $1.8 million Providing Q3 2016 adjusted EBITDA guidance of $15 million to $20 million Completed $23 million follow-on equity offering of B. Riley Financial common stock Completed acquisition of United Online on July 1st for $11.00 per share... More