Heritage Global Inc.

Equities

HGBL

US42727E1038

Investment Management & Fund Operators

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.47 ^USD	-1.59%		-0.80%	-11.15%

Mar. 15	Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday as Rate Cut Hopes Wane	MT
Mar. 14	Transcript : Heritage Global Inc., Q4 2023 Earnings Call, Mar 14, 2024

Heritage Global Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

March 14, 2024 at 04:01 pm EDT

Heritage Global Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 21.07 million compared to USD 23.5 million a year ago. Revenue was USD 60.55 million compared to USD 46.91 million a year ago.

Net income was USD 12.48 million compared to USD 15.49 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.42 a year ago.

Latest news about Heritage Global Inc.

Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday as Rate Cut Hopes Wane	Mar. 15	MT
Transcript : Heritage Global Inc., Q4 2023 Earnings Call, Mar 14, 2024	Mar. 14
Earnings Flash (HGBL) HERITAGE GLOBAL Reports Q4 Revenue $15.3M, vs. Street Est of $15.4M	Mar. 14	MT
Earnings Flash (HGBL) HERITAGE GLOBAL Reports Q4 EPS $0.13, vs. Street Est of $0.08	Mar. 14	MT
Heritage Global Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 14	CI
Tranche Update on Heritage Global Inc.'s Equity Buyback Plan announced on May 12, 2022.	Mar. 14	CI
Heritage Global Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Heritage Global, Investors Acquire Pharmaceutical Plant from Alkem Laboratories	Jan. 11	MT
Transcript : Heritage Global Inc., Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Earnings Flash (HGBL) HERITAGE GLOBAL Posts Q3 Revenue $15.6M, vs. Street Est of $13.4M	Nov. 09	MT
Tranche Update on Heritage Global Inc.'s Equity Buyback Plan announced on May 12, 2022.	Nov. 09	CI
Heritage Global Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Heritage Global Valuations Appoints Gina Griffin as Senior Vice President	Nov. 02	CI
Heritage Global Inc.(NasdaqCM:HGBL) added to S&P Global BMI Index	23-09-18	CI
Sector Update: Financial Stocks Decline Premarket Friday	23-09-15	MT
Heritage Global Files $150 Million Shelf	23-09-15	MT
Heritage Global, Inc. Announces the Resignation of Shirley S. Cho as A Member of the Board of Directors	23-08-16	CI
Lake Street Adjusts Heritage Global's Price Target to $6 From $5, Keeps Buy Rating	23-08-11	MT
Transcript : Heritage Global Inc., Q2 2023 Earnings Call, Aug 10, 2023	23-08-10
Earnings Flash (HGBL) HERITAGE GLOBAL Posts Q2 EPS $0.07, vs. Street Est of $0.09	23-08-10	MT
Earnings Flash (HGBL) HERITAGE GLOBAL Reports Q2 Revenue $13.1M, vs. Street Est of $14.1M	23-08-10	MT
Tranche Update on Heritage Global Inc.'s Equity Buyback Plan announced on May 12, 2022.	23-08-10	CI
Heritage Global Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI
Sector Update: Financial Stocks Rally Premarket Friday	23-06-02	MT
Heritage Global Expands Credit Facility	23-06-02	MT

Chart Heritage Global Inc.

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Company Profile

Heritage Global Inc. is an asset services company specializing in financial and industrial asset transactions. The Company provides a full suite of services, including market making, acquisitions, refurbishment, dispositions, valuations and secured lending. The Company segments include Industrial Assets Division and Financial Assets Division. Industrial Assets Division includes Auction and Liquidation, which operates a global full-service auction, appraisal and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment, and Refurbishment & Resale, which acquire, refurbish and supply specialized laboratory equipment. Financial Assets Division includes Brokerage, which charges-off receivables in the United States and Canada on behalf of lenders including banks, mortgage companies, and auto and alternative lending sources, and Specialty Lending, which provides specialty financing solutions to investors.

Sector

Investment Management & Fund Operators

Calendar

2024-05-01 - Planet MicroCap Showcase

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.47 USD

Average target price

5.5 USD

Spread / Average Target

+122.67%

Consensus

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