Welcome to our dedicated page for B. Riley Financial news (Ticker: RILY), a resource for investors and traders seeking the latest updates and insights on B. Riley Financial stock.
B. Riley Financial, Inc. (NASDAQ: RILY) provides integrated financial solutions across investment banking, wealth management, and corporate advisory services. This dedicated news hub aggregates all essential updates about the company's operations, strategic initiatives, and market position.
Investors and analysts will find timely information on earnings announcements, mergers & acquisitions, leadership changes, and strategic partnerships. The curated collection includes press releases, regulatory filings, and third-party analysis to support informed decision-making.
Key coverage areas include capital market activities, restructuring developments, wealth management expansions, and financial consulting projects. Regular updates ensure stakeholders maintain current awareness of RILY's cross-platform initiatives in North American and European markets.
Bookmark this page for convenient access to verified RILY updates. Combine real-time alerts with historical context to track the company's evolving financial strategies and industry impact.
B. Riley Financial (NASDAQ: RILY) filed its Form 10-Q for the quarter ended June 30, 2025 and reported Q2 2025 net income of $137.5 million, in line with prior guidance of $120 million to $140 million. Results included $66.8 million gain on the sale of GlassRatner and $44.5 million gain on senior note exchanges.
Other highlights: revenues $225.3M vs $94.9M a year earlier; income from continuing operations $71.7M; operating adjusted EBITDA (continuing) $38.5M; total debt $1.46B and net debt $824.8M; cash and restricted cash $268.6M; basic and diluted EPS $4.50.
B. Riley Financial (NASDAQ: RILY) received a Nasdaq delinquency notification on November 21, 2025 for late filing of its Form 10-Q for the period ended September 30, 2025.
Nasdaq notified the company of noncompliance with Listing Rule 5250(c)(1), but the notice has no immediate effect on the listing. A Nasdaq Hearings Panel granted an exception on November 18, 2025, providing the company until January 20, 2026 to file the Third Quarter 10-Q; the Second Quarter 10-Q deadline is December 23, 2025.
The company filed the First Quarter 10-Q on November 18, 2025 and previously filed the 2024 10-K on September 19, 2025. The company said it intends to take actions to regain compliance and maintain its Nasdaq listing.
B. Riley Financial (NASDAQ: RILY) announced it filed its Quarterly Report on Form 10-Q for the three-month period ended March 31, 2025. The company said the filing supports timely financial reporting and compliance with Nasdaq listing requirements. Management highlighted a mid-year auditor transition to BDO and said financial and accounting operations completed the change using external staff augmentation. The company expects to maintain heightened staffing through completion of the 2025 Form 10-K.
B. Riley Financial (Nasdaq: RILY) will change its corporate name to BRC Group Holdings, Inc., effective January 1, 2026. The company said BRC Group Holdings will remain a diversified portfolio across financial services, telecom, retail and investments in equity, debt and venture capital.
The Nasdaq ticker will remain RILY, preferred share and tradeable senior note tickers are unchanged, and a new corporate website www.brcgh.com will launch on January 1, 2026.
B. Riley Financial (Nasdaq: RILY) received a Nasdaq Staff Determination Letter on October 1, 2025 for non-compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to file Form 10-Qs for the periods ended March 31, 2025 and June 30, 2025. The company filed its 2024 Form 10-K on September 19, 2025 and submitted an Updated Plan of Compliance on September 4 and September 19, 2025. The determination does not immediately suspend trading; the company will request a hearing and seek continued listing while the Hearings Panel reviews extended-stay requests.
B. Riley Financial (NASDAQ: RILY) has appointed BDO USA as its independent registered public accounting firm for the 2025 audit. The company will continue working with Marcum LLP to complete its 2024 annual audit and Form 10-K filing. The transition aims to restore timely financial reporting.
The company's financial team has made progress on Q1 and Q2 2025 Form 10-Qs while the 2024 audit continues. BDO, one of the world's top five accounting firms, brings extensive financial services sector experience and operational scale, with over 12,000 professionals across 75 U.S. offices.
B. Riley Financial (Nasdaq: RILY) received a delinquency notification from Nasdaq on August 20, 2025, for failing to comply with Listing Rule 5250(c)(1) due to delayed filing of its Q2 2025 Form 10-Q. The company has until September 29, 2025 to file multiple delinquent reports, including its 2024 Form 10-K and Q1-Q2 2025 Form 10-Qs.
While the notification has no immediate impact on RILY's Nasdaq listing, the company must submit an updated compliance plan by September 4, 2025. B. Riley expects to file its 2024 Form 10-K shortly, followed by the Q1 and Q2 2025 Form 10-Qs within 30-45 days after the 10-K filing.
B. Riley Financial (NASDAQ:RILY) released preliminary Q4, full year 2024 results, and H1 2025 estimates. For H1 2025, the company expects net income of $125-145 million ($4.08-4.74 per share). The company has significantly reduced its debt, with total debt decreasing by $600 million from September 2024 to June 2025.
For full year 2024, RILY reported a substantial net loss of $772.3 million ($25.46 per share), primarily due to $510 million in write-downs related to Freedom VCM Holdings and Vintage Capital Management investments, plus $105.4 million in goodwill impairment. The company secured a $160 million facility with Oaktree Capital Management, which was later reduced to $62.5 million, and realized $187 million from business sales.
B. Riley Securities (NASDAQ:RILY) released its first full-quarter results following its March 2025 carve-out from B. Riley Financial. The company reported Q2 2025 total revenue of $60.9 million, with GAAP net income of $12.5 million.
The investment bank highlighted significant growth in Institutional Brokerage commissions and Investment Banking revenue, having helped clients raise over $8 billion for AI-driven investments. The company maintains a strong financial position with $94.5 million in cash and securities and no outstanding debt. The Board approved a one-time dividend of $0.22 per share, totaling approximately $4.1 million.
BRS strengthened its organization through seven senior strategic hires, expanding coverage across key sectors including Real Estate, Healthcare, Digital Assets, Consumer, TMT, FinTech, Renewables, and Industrials.
B. Riley Financial (NASDAQ: RILY) announced it will host a conference call on August 13, 2025, at 4:30 PM ET to discuss its fiscal year 2024 financial results and provide a preliminary update for the first half of 2025. The company's leadership team, including Chairman and Co-CEO Bryant Riley, Co-CEO Tom Kelleher, and CFO Scott Yessner, will deliver a comprehensive financial and business update followed by a Q&A session.
The call will be accessible through the company's investor relations website, with a replay available until September 12, 2025.
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