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B Riley Financial Reports Record Fourth Quarter and Full Year 2020 Results, Declares $3 50 Dividend

Record investment banking results driven by increased activity and larger transactions Net income of $170.1 million vs. $16.9 million, EPS of $6.55 vs. $0.59 per diluted share Operating revenues of $270.0 million vs. $130.5 million, Operating EBITDA of $126.8 million vs. $16.4 million Q4 total adjusted EBITDA of $260.5 million vs. $50.3 million Full Year 2020 Record annual total revenues of $902.7 million vs. $652.1 million for FY 2019 Net income of $200.4 million vs. $81.3 million, EPS of $7.56 vs. $2.95 per diluted share Operating revenues of $798.7 million vs. $545.6 million, Operating EBITDA of $311.7 million vs. $113.6 million Annual investment gains of approximately $104 million Annual total adjusted EBITDA of $406.8 million vs. $207.9 million Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said: Given the strength and performance of both our episodic and steady recurring businesses, we are increasingly confident in the earnings p

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