B Riley Financial ( (RILY) ) has released a notification of late filing.
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B. Riley Financial, Inc. has announced a delay in filing its Quarterly Report on Form 10-Q (Quarter Report) for the period ending June 30, 2025. The company cites the need for additional time to complete audits and finalize its Annual Report on Form 10-K (Yearly Report) for 2024 and the Quarterly Report on Form 10-Q (Quarter Report) for March 31, 2025, as the primary reasons for the delay. B. Riley Financial anticipates filing the delayed reports as soon as practicable. The company expects a significant turnaround in its financial results, with an estimated net income of $120 million to $140 million for the quarter, compared to a net loss in the same period last year. This improvement is attributed to gains from asset sales and debt exchanges. B. Riley Financial continues to work on compliance and has authorized this notification with the signature of its CFO, Scott Yessner.
Spark’s Take on RILY Stock
According to Spark, TipRanks’ AI Analyst, RILY is a Neutral.
B Riley Financial’s overall score reflects a struggling financial performance with ongoing losses and high leverage. Despite positive steps in corporate restructuring and partnerships aimed at reducing debt and enhancing growth, the technical indicators suggest bearish sentiment, and valuation metrics highlight profitability challenges. Addressing Nasdaq compliance and ensuring operational stability are critical for future improvement.
To see Spark’s full report on RILY stock, click here.
More about B Riley Financial
Average Trading Volume: 1,253,605
Technical Sentiment Signal: Sell
Current Market Cap: $163.5M
Learn more about RILY stock on TipRanks’ Stock Analysis page.