The post B. Riley bulls cheer surprise Q2 profit as firm beats Nasdaq filing deadline appeared on BitcoinEthereumNews.com.

B. Riley shares jump after a surprise Q2 profit, debt moves, and a timely filing ease Nasdaq delisting risk, but an overdue Q3 report still looms. Summary B. Riley filed its long-delayed Q2 2025 report ahead of Nasdaq’s December 23 deadline, temporarily removing the delisting threat and boosting premarket trading.​ The firm swung to $137.5m in net income from a $435.6m loss a year earlier, aided by asset sales, note exchanges, and stronger revenue.​ Despite the rebound, B. Riley still faces an overdue Q3 filing, fallout from Franchise Group’s bankruptcy, and an ongoing U.S. civil probe tied to a former partner. B. Riley Financial shares surged in premarket trading on Tuesday, December 16, 2025, following the company’s filing of its long-delayed second-quarter financial report ahead of a critical Nasdaq deadline. B. Riley goes for Nasdaq deadline The financial services firm submitted the report before Nasdaq’s December 23 deadline, removing the immediate threat of delisting that had faced the company for months, according to company statements. B. Riley has been dealing with challenges stemming from failed investments, debt restructuring, and regulatory scrutiny following the bankruptcy of one of its major portfolio companies. The delayed Q2 report showed net income of $137.5 million for the quarter ended June 30, 2025, compared to a net loss of $435.6 million in the same period of 2024. Income from continuing operations reached $71.7 million, reversing a loss of $449.2 million from the prior year. Revenue increased to $225.3 million from $94.9 million in Q2 2024, driven partly by a negative $175.6 million loss on fair value adjustments on loans in the comparable period. The company’s earnings included one-time items, including a $66.8 million gain tied to the sale of GlassRatner and $44.5 million from senior note exchanges. Operating adjusted EBITDA from continuing operations improved to…

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Filed under: News - @ December 16, 2025 2:29 pm