WOODLAND HILLS, Calif. (AP) _ B. Riley Financial Inc. (RILY) on Thursday reported second-quarter earnings of $22.2 million.
On a per-share basis, the Woodland Hills, California-based company said it had net income of 82 cents. Earnings, adjusted for one-time gains and costs, were $1.05 per share.
The financial services firm posted revenue of $164.7 million in the period.
B. Riley Financial shares have increased 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.58, a fall of 15% in the last 12 months.