B Riley Financial ( (RILY) ) has released a notification of late filing.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
B. Riley Financial, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial year ending December 31, 2024. The delay is attributed to the extensive time and resources required to finalize financial statements, particularly due to the completion of quarterly reports and the analysis of impairment charges and tax provisions. The company is working diligently to file the report as soon as possible. Financially, the company anticipates significant changes in its results, with a net income from discontinued operations and a net loss from continuing operations. Forward-looking statements indicate potential changes in financial outcomes. The notification was signed by Phillip J. Ahn, the Chief Operating Officer and Chief Financial Officer, emphasizing the company’s commitment to resolving the delay.
More about B Riley Financial
YTD Price Performance: -2.19%
Average Trading Volume: 2,128,686
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $128.4M
Learn more about RILY stock on TipRanks’ Stock Analysis page.