Heritage Global to Announce Fourth Quarter and Year-End 2022 Results and Host Webcast on Thursday, March 9, 2023

Rhea-AI Summary

Heritage Global Inc. (NASDAQ: HGBL) will release its fourth quarter and year-end 2022 financial results on March 9, 2023, after market close. A webcast and conference call for investors and analysts will be held on the same day at 5:00 pm ET. Participants can join the call via provided dial-in numbers or through the Company’s website. A replay will be available through March 23, 2023. Heritage Global specializes in financial and industrial asset transactions, offering services such as valuation, acquisition, and disposition of surplus and distressed assets, contributing to the circular economy.

Positive

• Scheduled release of fourth quarter and year-end 2022 financial results, indicating transparency.
• Management will provide a webcast and conference call, facilitating investor engagement.

Negative

• None.

SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its fourth quarter and year-end 2022 financial results after the market closes on Thursday, March 9, 2023.

Webcast and Earnings Conference Call

Management will host a webcast and conference call on Thursday, March 9, 2023, at 5:00 pm ET to discuss financial results for the fourth quarter and year-end 2022. Analysts and investors may participate via conference call, using the following dial-in information:

• 1-855-327-6837 (Domestic)
• 1-631-891-4304 (International)

In addition, individuals can use this link for telephone access to the call via their web browser. The conference call will also be available in the Investor Relations section of the Company’s website. To listen to a live broadcast, go to the site at least 10 minutes prior to the scheduled start time in order to register.

Replay

A replay of the call will be available on the Company’s website approximately three hours after the call ends through March 23, 2023. To access the replay, dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international). The replay pin number is 10021303. The replay can also be accessed on the Investor Relations section of the Company’s website.

About Heritage Global Inc.

Heritage Global Inc. ("HG") values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, account receivable portfolios, and intellectual property through its two business units: Industrial Assets and Financial Assets.

Forward Looking Statements

This communication includes forward-looking statements based on our current expectations and projections about future events. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. While the Company believes the forward-looking statements contained in this communication are accurate, these forward-looking statements represent the Company’s beliefs only as of the date of this communication, and there are a number of factors that could cause actual events or results to differ materially from those indicated by such forward-looking statements, including variability in magnitude and timing of asset liquidation transactions, the impact of changes in the U.S. national and global economies, and interest rate and foreign exchange rate sensitivity, as well as other factors beyond the Company’s control. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements, which speak only as of the date of this release. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005249/en/

Investor Relations:

John Nesbett/Jennifer Belodeau

IMS Investor Relations

203.972.9200

InvestorRelations@hginc.com

Source: Heritage Global Inc.

FAQ

When will Heritage Global Inc. release its Q4 and year-end 2022 financial results?

Heritage Global Inc. will release its financial results on March 9, 2023, after market close.

What time is the conference call for Heritage Global Inc.'s Q4 2022 results?

The conference call will take place at 5:00 pm ET on March 9, 2023.

How can I access the replay of Heritage Global Inc.'s conference call?

The replay will be available on the Company’s website approximately three hours after the call ends through March 23, 2023.

What services does Heritage Global Inc. offer?

Heritage Global specializes in asset transactions, providing services such as acquisition, disposition, and valuation of industrial and financial assets.