BRC Group Holdings, Inc. (NASDAQ:RILY) shares are trading higher Thursday on possible continued momentum after the company reported a year-over-year increase in third-quarter financial results on Wednesday after the market closed.
BRC Reports Strong Third-Quarter Results
BRC reported earnings per share of $2.91, compared with a loss of $9.39 in the prior year. The company also posted revenue of $277.87 million, up from $175.36 million year-over- year.
BRC said strong third-quarter performance was led by its Capital Markets segment, which generated $65.4 million in services and fee revenue, the highest quarterly total since the fourth quarter of 2023. Segment income totaled $60.7 million. The company also cited improved results in its Wealth segment and consistent performance from its Communications segment.
Adjusted EBITDA was $112.2 million, compared with negative $89.5 million in the prior-year quarter. Operating adjusted EBITDA rose to $58.0 million from $12.0 million a year earlier.
BRC said total debt stood at $1.44 billion at quarter-end, with net debt of $702.9 million, compared with total debt of $1.77 billion and net debt of $1.06 billion as of Dec. 31, 2024.
The company also announced it filed its Form 10-Q for the third quarter and completed the filing of its first three quarterly reports for 2025 within 120 days, bringing its SEC periodic reporting current and achieving Nasdaq compliance ahead of the Jan. 20, 2026 deadline.
BRC Chairman and Co-CEO Bryant Riley said the company's transformation efforts throughout 2025 have strengthened its positioning for 2026. CFO Scott Yessner said the filings mark the completion of required quarterly reports to meet Nasdaq continued listing standards.
A Look At BRC’s Technical Picture
BRC is currently trading 94.1% above its 20-day simple moving average (SMA) and 102.7% above its 100-day SMA, indicating strong short-term and longer-term strength. Over the past 12 months, shares have increased by 60.43%, positioning the stock closer to its 52-week highs than lows.
The RSI stands at 70.18, indicating that the stock is in overbought territory, which may suggest a potential pullback in the near term. Meanwhile, the MACD is above its signal line, reinforcing the bullish momentum in the stock.
The combination of an overbought RSI and a bullish MACD suggests mixed momentum, indicating that while the stock is currently strong, traders should be cautious of potential corrections.
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for BRC Group Holdings, Inc. Common Stock (RILY), highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Bullish (Score: 90.56/100) — Stock is outperforming the broader market.
The Verdict: BRC Group Holdings, Inc. Common Stock’s Benzinga Edge signal reveals a strong momentum setup. While the stock shows impressive momentum, traders should remain vigilant for any signs of overextension given its current overbought status.
RILY Price Action: At the time of writing, BRC shares are trading 36.80% higher at $10.36, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
