B. Riley Financial Q1 2024 EPS $(1.71) Down From $0.51 YoY; Revenue $343M Down From $432M YoY
Portfolio Pulse from Benzinga Newsdesk
B. Riley Financial reported a Q1 2024 EPS of $(1.71), a significant decline from $0.51 YoY. Revenue also fell to $343M from $432M YoY.
May 15, 2024 | 8:17 pm
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B. Riley Financial reported a significant decline in Q1 2024 EPS to $(1.71) from $0.51 YoY, and a drop in revenue to $343M from $432M YoY.
The significant decline in both EPS and revenue indicates potential financial struggles for B. Riley Financial, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100