Brief: B Riley Financial Nogin Has Experienced Challenges In Executing Its Growth Plans Which Has Impacted Current And Projected Operating Results

BRC group

04/04/2025 23:00

April 4 (Reuters) - B Riley Financial Inc RILY.O:

B RILEY FINANCIAL : NOGIN HAS EXPERIENCED CHALLENGES IN EXECUTING ITS GROWTH PLANS WHICH HAS IMPACTED CURRENT AND PROJECTED OPERATING RESULTS

B RILEY FINANCIAL : CONCLUDED GOODWILL, OTHER INTANGIBLE ASSETS OF NOGIN WERE IMPAIRED, CHARGES ARE ESTIMATED TO BE ABOUT $68 MILLION TO $74 MILLION

Source text: [ID:n0001213900-25-029055]

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