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B Riley Financial Announces Final Results of Cash Tender Offer for National Holdings Corporation
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B Riley Financial Announces Final Results of Cash Tender Offer for National Holdings Corporation
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National Holdings Corporation Reports Financial Results for the 2020 Fiscal Fourth Quarter and 2020 Fiscal Year
NEW YORK, Dec. 30, 2020 (GLOBE NEWSWIRE) National Holdings Corporation (NASDAQ: NHLD) (“National” or the “Company”), a leading full service brokerage firm including employee-managed and independent branches, investment banking, trading, asset management and tax preparation, today announced its financial results for the 2020 fiscal year.
Financial Highlights:
Revenue of $62.4 million in Q4 2020, up $5.0 million, or 9%, from $57.4 million recognized in Q4 2019.
Net loss attributable to common shareholders of $1.9 million in Q4 2020, versus net income attributable to common shareholders of $0.8 million in Q4 2019.
Record revenue of $229.9 million in fiscal 2020, up $17.0 million, from $212.9 million recognized in fiscal 2019.