B. Riley Financial Inc (NAS:RILY)
$ 32.14 -0.21 (-0.65%) Market Cap: 968.79 Mil Enterprise Value: 3.19 Bil PE Ratio: 0 PB Ratio: 3.31 GF Score: 70/100
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Q2 2019 B. Riley Financial Inc Earnings Call Transcript

Aug 01, 2019 / 08:30PM GMT
Release Date Price: $18.58 (-1.48%)
Operator

Good afternoon and welcome to B. Riley Financial's Second Quarter 2019 Earnings Call. My name is Steve, and I'll be your call operator. Earlier today, B. Riley issued a press release with its financial results. A copy can be found in the Investors section of the company's website at ir.brileyfin.com. As a reminder, this call is being recorded. A replay of today's call will also be made available on the company's website.

Joining us today are Bryant Riley, Chairman and Co-CEO; Tom Kelleher, Co-CEO; and Phillip Ahn, CFO and COO. After management's remarks, we will open the line for questions. And before we conclude today's call, I will provide the necessary cautions regarding forward-looking statements.

I will now turn the call over to Mr Bryant Riley. Mr Riley, please proceed.

Bryant Richard Riley
B. Riley Financial, Inc. - Chairman & Co-CEO

Thanks, and welcome, everyone. For the second quarter, we reported revenues of $164.7 million, adjusted EBITDA of $52.9 million, net income of $22.2 million and adjusted net income of $28.3 million.

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