B Riley Securities Q2 revenue at $60.9 mln

BRC group

07/08/2025 13:59

Overview

B Riley Securities Q2 rev $60.9 mln, GAAP net income $12.5 mln

Adjusted net rev $51.5 mln, adjusted net income $8.6 mln

Co operates debt-free, cash and securities total $94.5 mln

Outlook

Company continues to see strong at-the-market issuance into Q3

Company expands variable rate transaction capabilities for flexible financing

B. Riley Securities strengthens governance with new board appointments

Result Drivers

CLIENT ACTIVITY - Increased client activity in institutional brokerage and investment banking driven by high market indices, per Co-CEO Jimmy Baker

AI INVESTMENTS - Over $8 bln raised for AI-driven investments, continuing to drive activity, according to management

STRATEGIC HIRES - Seven senior hires expanded sector coverage and domain expertise, strengthening key teams, per Co-CEO Andy Moore

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$60.90 mln
Q2 Net Income
$12.50 mln


Press Release: ID:nPn2hXdn0a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)