LOS ANGELES (AP) — LOS ANGELES (AP) — B. Riley Financial Inc. (RILY) on Wednesday reported a loss of $57.4 million in its fourth quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of $2.08. Losses, adjusted for one-time gains and costs, came to $1.46 per share.
The financial services firm posted revenue of $326.8 million in the period.
For the year, the company reported a loss of $159.8 million, or $5.95 per share. Revenue was reported as $915.5 million.
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