07:57 AM EDT, 08/12/2024 (MT Newswires) -- B. Riley Financial ( RILY ) reported a Q2 preliminary net loss Monday in the range of $14 to $15 per diluted share.

Analysts' estimates weren't available for comparison.

The company said it is suspending its common dividend to "prioritize deleveraging."

B. Riley's stock fell 35% in recent Monday premarket activity.

Price: 11.03, Change: -5.92, Percent Change: -34.93