B. Riley posted a solid quarter with $225.3 million in revenue and $137.5 million in net income, fueled by one-time gains from the sale of GlassRatner and senior note exchanges.
Net income reached $137.5 million, rebounding from a $435.6 million loss in Q2 2024.
Revenue surged to $225.3 million, reflecting improvements in core business and absence of last year's loan valuation losses.
EPS was $4.50, compared to a $(14.35) loss per share in the prior year quarter.
Operating Adjusted EBITDA came in at $38.5 million, up from $31.2 million in Q2 2024.
Management reaffirmed its commitment to timely filings and financial transparency, aiming to file Q3 10-Q by Nasdaq’s January 20, 2026 deadline.
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