B. Riley Financial, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 42.7 million compared to USD 336.77 million a year ago. Net loss was USD 140.16 million compared to net income of USD 75.68 million a year ago. Basic loss per share from continuing operations was USD 5.07 compared to basic earnings per share from continuing operations of USD 2.7 a year ago. Diluted loss per share from continuing operations was USD 5.07 compared to diluted earnings per share from continuing operations of USD 2.58 a year ago.
For the six months, revenue was USD 248.29 million compared to USD 936.93 million a year ago. Net loss was USD 150.22 million compared to net income of USD 330.33 million a year ago. Basic loss per share from continuing operations was USD 5.52 compared to basic earnings per share from continuing operations of USD 12.03 a year ago. Diluted loss per share from continuing operations was USD 5.52 compared to diluted earnings per share from continuing operations of USD 11.39 a year ago.