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

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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 Financial (RILY) Releases Preliminary Q2 Results, Suspends Dividend

August 12, 2024 7:03 AM EDT

(Updated - August 12, 2024 7:06 AM EDT)

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley" or the "Company"), a diversified financial services platform, today released preliminary financial results for the three-month period ending June 30, 2024.

Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: "Our second quarter results were negatively impacted by non-cash losses, the overwhelming majority of which relate... More