04:15 PM EDT, 05/15/2024 (MT Newswires) -- B. Riley Financial ( RILY ) reported a Q1 net loss Wednesday of $1.71 per diluted share, compared with earnings of $0.51 a year earlier.

Revenue in the quarter ended March 31 fell to $343 million from $432.1 million a year earlier.

The company maintained its quarterly dividend at $0.50 a share, payable around June 11 to shareholders of record on May 27.

Shares of the company rose 1.1% in recent after-hours activity.

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