B. Riley jumps after reporting Q2 profit, overdue 10-Q filing

Investment bank B. Riley Financial's RILY.O shares jump 12.9% to $4.20 in extended trading

RILY reports Q2 profit of $137.5 million, compared with a loss of $435.6 million a year earlier

Bank also filed its overdue Q2 10-Q with the U.S. Securities and Exchange Commission, keeping the stock from being delisted

Nasdaq had set a December 23 deadline for RILY to file long overdue Q2 10-Q

"We are well positioned to file the third quarter Form 10-Q by the January 20, 2026 deadline established by Nasdaq, which will bring our financial reporting current" - Bryant Riley, chairman and co-Chief Executive Officer of RILY

As of last close, RILY stock was down 19% YTD