WOODLAND HILLS, Calif. (AP) _ B. Riley Financial Inc. (RILY) on Thursday reported second-quarter profit of $83.8 million.
On a per-share basis, the Woodland Hills, California-based company said it had net income of $3.07. Earnings, adjusted for one-time gains and costs, came to $3.51 per share.
The financial services firm posted revenue of $266.5 million in the period.
B. Riley Financial shares have increased 2% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.73, a rise of 35% in the last 12 months.