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Stock impact report

B. Riley's Shock Q1 Loss Blindsides Investors After Months of Silence [Yahoo! Finance]

B. Riley Financial, Inc. (RILY) 
NASDAQ:AMEX Investor Relations: ir.brileyfin.com/investor-relations
Company Research Source: Yahoo! Finance
report, and the numbers could shift how investors view the firm's ongoing reset. After months of uncertainty and earlier guidance that suggested a $1 million to $6 million profit, the company instead posted a $12 million loss. Management noted that one-time gains helped narrow the deficit from the $51.2 million loss a year earlier, but the operating picture painted a tougher backdrop. Operating loss widened to $61.5 million from $16 million, while revenue fell to $186 million from $298 million, a drop the firm linked in part to the slowdown in investment banking activity following its late SEC filings. Warning! GuruFocus has detected 7 Warning Signs with RILY. Is RILY fairly valued? Test your thesis with our free DCF calculator. Chairman Bryant Riley framed the filing as a meaningful step toward restoring a regular reporting cadence after repeated delays left shareholders navigating limited visibility. The company still must submit its second- and third-quarter results, all whil Show less Read more
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