Monday, 20 March 2023

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B. Riley Financial files annual report, restates some prior statements – TipRanks Financial Blog

Deutsche Bank price target raised to EUR 11.50 from EUR 11 at Barclays

B. Riley Financial announced the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2022. Certain previously issued financial statements have been restated to correct the classification of dividends received and realized and unrealized gains/losses on certain investments held by non-regulated entities from within “Revenue” to “Other Income” in the company’s consolidated statement of operations, the company reported. “This reclassification had no impact on previously issued consolidated balance sheets, net income, earnings per share, adjusted EBITDA, or operating adjusted EBITDA,” B. Riley stated.

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