---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-068987"
form_type: "8-K"
ticker: "RILY"
cik: "0001464790"
company_name: "BRC Group Holdings, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:44:56.198045+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-22-068987
- form_type: 8-K
- ticker: RILY
- cik: 0001464790
- company_name: BRC Group Holdings, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464790/000121390022068987/0001213900-22-068987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464790/000121390022068987/ea167967-8k_brileyfinan.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-068987
- JSON: https://secwatch.observer/filing/0001213900-22-068987.json
- Plain text: https://secwatch.observer/filing/0001213900-22-068987.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1464790/000121390022068987/0001213900-22-068987-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.