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B. Riley Financial: 3Q Earnings Snapshot

·1 min read

LOS ANGELES (AP) _ B. Riley Financial Inc. (RILY) on Thursday reported third-quarter profit of $48.4 million.

The Los Angeles-based company said it had net income of $1.75 per share. Earnings, adjusted for one-time gains and costs, were $2.05 per share.

The financial services firm posted revenue of $226.3 million in the period.

B. Riley Financial shares have climbed roughly 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $25.34, a rise of 4% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RILY at https://www.zacks.com/ap/RILY