Revenue Update on B. Riley Financial Inc(NASDAQ:RILY)

B. Riley Financial Inc(NASDAQ:RILY) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 5, 2016. Earnings per share were $-0.01.

Several Insider Transactions has been reported to the SEC. On Jul 15, 2016, Daniel Asher (10% owner) purchased 95,410 shares at $9.05 per share price.

B. Riley Financial Inc. formerly Great American Group Inc. is an investment bank with offices in Los Angeles Orange County San Francisco and New York. The Company is a provider of asset disposition valuation and appraisal services to a wide range of retail wholesale and industrial clients as well as lenders capital providers private equity investors and professional service firms throughout the United States Canada and Europe. The Company operates in three segments. The capital markets segment provides investment banking corporate finance research sales and trading services to corporate institutional and high net worth clients. The divisions in the auction and liquidation segment provide clients with capital advisory and financing services. The valuation and appraisal services segment provides its clients with independent appraisals in connection with asset based loans acquisitions divestitures and other business needs.

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