{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-065028","form_type":"8-K","ticker":"RILY","cik":"0001464790","company_name":"BRC Group Holdings, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.001115+00:00","generated_at":"2026-06-11T21:47:36.879602+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"B. Riley Financial Q2 2023 revenue $406.3M (+191% YoY); EPS $1.55; reaffirms Q3 guidance","bullets":["Total revenues $406.3M, up 191% YoY; net income attributable $46.4M vs loss of $140.2M in prior year.","Diluted EPS $1.55; operating adjusted EBITDA $80.2M; total adjusted EBITDA $139.9M.","Reaffirms Q3 2023 operating adjusted EBITDA guidance of at least $105M.","Declares $1.00 per share quarterly dividend payable Aug 21, 2023.","Segment: Capital Markets income $77.7M (vs loss $61.3M); Communications revenue $85.0M (+103% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-065028","json":"https://secwatch.observer/filing/0001213900-23-065028.json","markdown":"https://secwatch.observer/filing/0001213900-23-065028.md","text":"https://secwatch.observer/filing/0001213900-23-065028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464790/000121390023065028/0001213900-23-065028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464790/000121390023065028/ea183134-8k_brileyfin.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T21:47:36.879602+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06eb076375687843a9426e0d3f841194f20b4e45","claim":"BRC Group Holdings, Inc. reported three-month period ending June 30, 2023 results: revenue $406.3 million, net income $46.4 million, EPS $1.55 diluted earnings per share. Guidance reaffirmed.","evidence_excerpt":"Highlights for the Three Months Ended June 30, 2023 ● Total revenues increased 191% to $406.3 million vs. $139.6 million in prior year quarter ● Net income attributable to the Company of $46.4 million ● Net income available to common shareholders of $44.4 million, or $1.55 diluted earnings per share (EPS)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464790/000121390023065028/0001213900-23-065028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three-month period ending June 30, 2023"},{"label":"Revenue","value":"$406.3 million"},{"label":"Net income","value":"$46.4 million"},{"label":"EPS","value":"$1.55 diluted earnings per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"55e6e86ae2b8495df747b805a7da46ce4b3e5c53","claim":"BRC Group Holdings, Inc. updated its third quarter of 2023 guidance (reaffirmed).","evidence_excerpt":"The Company has also reaffirmed its guidance for operating adjusted EBITDA (3) of at least $105 million for the third quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464790/000121390023065028/0001213900-23-065028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"ded1843533146023883fc765c6ca5b62b92e7afb","claim":"BRC Group Holdings, Inc. reported six-month period ending June 30, 2023 results: revenue $838.4 million, net income $63.5 million, EPS $2.05 diluted EPS.","evidence_excerpt":"Highlights for the Six Months Ended June 30, 2023 ● Total revenues increased 117% to $838.4 million vs. $386.5 million in prior year six-month period ● Net income attributable to the Company of $63.5 million ● Net income available to common shareholders of $59.5 million, or $2.05 diluted EPS","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464790/000121390023065028/0001213900-23-065028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six-month period ending June 30, 2023"},{"label":"Revenue","value":"$838.4 million"},{"label":"Net income","value":"$63.5 million"},{"label":"EPS","value":"$2.05 diluted EPS"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}