Heritage Global Inc. Announces 2021 First Quarter Results

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Heritage Global, Inc. (HGBL) Misses Q1 EPS by 1c, Revenues Beat

May 13, 2021 4:54 PM EDT

Heritage Global, Inc. (NASDAQ: HGBL) reported Q1 EPS of $0.03, $0.01 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $7.1 million versus the consensus estimate of $6.48 million.

First Quarter 2021 Highlights:

The Company achieved operating income of $1.0 million as compared to an operating income of $0.1 million in the first quarter of 2020.Net income increased to $1.0 million, or $0.03 diluted earnings per share, for the... More