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B Riley Turns to BDO Amid Reporting Delays
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Subscribe11 SEP 2025 / BUSINESS
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B. Riley Financial reported $201 million in revenue for Q2 2025 and projected $405-$425 million for H1 2025, compared to a $772 million net loss in 2024. After heavy losses due to failed investments and regulatory scrutiny, B. Riley has replaced Marcum LLP with BDO USA as its auditor in a bid to avoid Nasdaq delisting by September 29, signalling an intent to restore credibility and achieve more disciplined, transparent operations.
B. Riley Financial is trying to turn a corner with fresh numbers and a new auditor. The firm reported about $201 million in revenue for Q2 2025 and projects $405–$425 million for the first half of 2025, alongside an estimated net income of up to $145 mill...
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