secwatch.observer — SEC 8-K summary
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Issuer:     BRC Group Holdings, Inc. (RILY)
CIK:        0001464790
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001213900-23-036419
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

B. Riley Q1 net income $15.1M ($0.51 diluted EPS); revenue +75% to $432M; $1 dividend
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- Net income of $15.1M vs prior-year loss of $12.1M; diluted EPS $0.51 vs -$0.43.
- Total revenues $432.1M (+75% YoY) driven by acquisitions (Targus, Lingo, BullsEye) and higher interest income.
- Operating Adjusted EBITDA $80.1M (slightly below $84.2M prior year); Total Adjusted EBITDA $94.8M (+133%).
- Declared $1.00 quarterly dividend, payable May 23 to holders of record May 16.
- Segment revenues: Capital Markets $185.4M, Wealth Mgmt $49.8M, Communications $86.9M, Consumer $70.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1464790/000121390023036419/0001213900-23-036419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1464790/000121390023036419/ea177983-8k_brileyfin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-036419

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer