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Non-Tech : Income Investing
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From: FL_Guy1/14/2025 11:33:47 AM
2 Recommendations

Recommended By
brehm233
KEN2CWL

   of 52117
 
B. Riley Financial Files 10-Q for Quarter Ended June 30, 2024

ir.brileyfin.com

It's taken a long time to get updated, yet still stale, financials. The good news is for those (like me) holding RILYM it's going to pay off.

As we look to the future, we believe B. Riley is positioned for stronger performance in 2025 thanks to the actions we have taken over the past several months to monetize non-core assets and deleverage our balance sheet. We will retire our February 2025 Senior Notes as scheduled and look for opportunities to enhance value for the company from the dislocation in our other outstanding maturities.
RILYM up over 5% today, trading slightly under par at $24.85 and about 13 cent interest payment for the stub period.
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