B. Riley Q3 revenue $340.4M, EPS $1.53; declares $1 dividend, $50M buyback

BRC Group Holdings, Inc.

2022-Q3 EPS reported -$3.86 revenue$588,652,000

Total revenues $340.4M, down 11% YoY from $381.5M; net income $45.8M vs $48.6M prior year.
Diluted EPS $1.53, down from $1.69; Adjusted EBITDA rose to $141.4M from $114.1M.
Declares quarterly cash dividend of $1.00 per share payable Nov 29 to holders of record Nov 15.
Board authorizes $50M common share repurchase plan; $2.33B cash/investments, $2.32B debt at quarter-end.
Acquired Targus in early Q4 for $250M; added BullsEye Telecom to Lingo during Q3.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRC Group Holdings, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $340.4 million, net income $45.8 million, EPS $1.53 per diluted share.

Period: the fiscal quarter ended September 30, 2022
Revenue: $340.4 million
Net income: $45.8 million
EPS: $1.53 per diluted share
Result: reported results

Exact text from the filing

2 ea167967ex99-1_briley.htm EARNINGS RELEASE DATED NOVEMBER 3, 2022 Exhibit 99.1 B. Riley Financial Reports Third Quarter 2022 Results; Declares $1.00 Dividend Total Revenues of $340.4 million Net Income of $45.8 million, Diluted EPS of $1.53 Adjusted EBITDA of $141.4 million Declares Quarterly Dividend of $1.00 per common share Board Approves Share Repurchase Plan of

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BRC Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-068987

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