B. Riley Financial (RILY) Prelim. Q3 adj.-EBITDA Exceeds Expectations

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Go back to B. Riley Financial (RILY) Prelim. Q3 adj.-EBITDA Exceeds Expectations

B. Riley Financial Reports Preliminary Third Quarter 2016 Adjusted EBITDA

October 26, 2016 9:21 AM EDT

LOS ANGELES, Oct. 26, 2016 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY), a diversified provider of financial and business advisory services, has reported certain preliminary results for its third quarter ended September 30, 2016.

Based on preliminary unaudited information, B. Riley Financial expects to report adjusted EBITDA for the third quarter of 2016 in the range of $20 million to $21 million. This would exceed the company's guidance of $15 million to $20 million issued on August... More