LOS ANGELES (AP) — LOS ANGELES (AP) — B. Riley Financial Inc. (RILY) on Thursday reported a loss of $68 million in its fourth quarter.
The Los Angeles-based company said it had a loss of $2.32 per share. Losses, adjusted for one-time gains and costs, came to $1.86 per share.
The financial services firm posted revenue of $346.5 million in the period.
For the year, the company reported a loss of $78.3 million, or $2.95 per share. Revenue was reported as $1.65 billion.
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