B. Riley Financial Releases Preliminary Second Quarter 2024 Financial Results

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B. Riley Financial (RILY) Faces Widening US Probe Over Its Risk Disclosures - Bloomberg

August 12, 2024 8:27 AM EDT

B. Riley Financial (NASDAQ: RILY) Faces Widening US Probe Over Its Risk Disclosures - Bloomberg

SEC inquiry looks at whether investors got accurate pictureAgency probes interactions of CEO and Franchise Group founder... More

B. Riley stock plunges after suspending dividend, reporting Q2 loss

August 12, 2024 7:52 AM EDT

Shares of B. Riley Financial (NASDAQ: RILY) plummeted, falling around 50% at the open on Monday after the company released preliminary second-quarter results, revealing it has suspended its dividend.

The financial services firm expects to report a net loss for the quarter ended June 30, in the range of $435 to $475 million, or a $14 to $15 loss per... More