Finance
B. Riley Delays Another Quarterly Report and Notches Fresh Loss
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B. Riley Financial Inc. estimated that it lost $270 million to $280 million in the three months through September, as the company continues to review its financials and delay filing quarterly reports to shareholders.
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.