B. Riley Financial Reports First Quarter 2025 Results
Rhea-AI Summary
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.
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News Market Reaction 24 Alerts
On the day this news was published, RILY gained 0.40%, reflecting a mild positive market reaction. Argus tracked a trough of -21.1% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $614K to the company's valuation, bringing the market cap to $154M at that time. Trading volume was elevated at 2.9x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, commented: "Our first quarter 2025 Form 10-Q filing marks an important step towards timely financial reporting and compliance with Nasdaq listing requirements. Our financial and accounting operations, supported by external staff augmentation, executed a seamless mid-year transition to our new auditor, BDO. Our progress is the result of the commitment of our team and we expect to maintain heightened staffing through the completion of the 2025 Form 10-K."
About B. Riley Financial
B. Riley Financial Inc. (Nasdaq: RILY), which is changing its name to BRC Group Holdings, Inc. on January 1, 2026, is a diversified portfolio of companies, including financial services, telecom, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our telecom businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail companies provide home furnishings and mobile computing accessories. BRC deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brileyfin.com.
Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, our business, operating results, financial condition, and stock price could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of today's date. All statements other than statements of historical fact are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's performance or achievements to be materially different from any expected future results, performance, or achievements. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update forward-looking statements, except as required by law. Actual future results, performance or achievements may differ materially from historical results or those anticipated depending on a variety of factors, some of which are beyond the control of the Company, including, but not limited to, the risks described from time to time in the Company's periodic filings with the SEC, including, without limitation, the risks described in the Company's 2024 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and the Company undertakes no duty to update this information.
Contacts
Investors
ir@brileyfin.com
Media
press@brileyfin.com
View original content:https://www.prnewswire.com/news-releases/b-riley-financial-reports-first-quarter-2025-results-302619171.html
SOURCE B. Riley Financial
FAQ
What did B. Riley Financial (RILY) file on November 18, 2025?
How does the RILY Form 10-Q filing affect Nasdaq compliance?
Who is B. Riley Financial's new auditor mentioned in the RILY announcement?
Will B. Riley maintain extra staffing after the RILY 10-Q filing?
Where can investors find the RILY Form 10-Q for the quarter ended March 31, 2025?
