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Stock impact report

B. Riley Delays Another Quarterly Report and Notches Fresh Loss [Yahoo! Finance Canada]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Most Read from Bloomberg The investment and brokerage firm, which has watched its stock slump 77% this year, needs more time to formally file its third-quarter results with the Securities and Exchange Commission, it said in a regulatory filing on Wednesday. Its loss for that period probably amounted $8.85 to $9.18 per diluted common share, the company said. That doesn't include a gain of as much as $250 million that the company expects to book when completing the sale of a majority stake in its Great American business this month. Wednesday's notice is the fourth time this year that B. Riley hasn't been able to meet the SEC's filing date. Shareholders are still waiting on the second quarter's report. The firm also missed deadlines before belatedly posting results for full-year 2023, as well as this year's first quarter. The setbacks and uncertainties have contributed to this year's drop in the company's stock, which Nasdaq has threatened to delist for failing to make timely fi Show less Read more
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