Heritage Global, Inc. (NASDAQ:HGBL) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET

Company Participants

John Nesbett - IR, IMS IR
Ross Dove - CEO
Brian Cobb - CFO

Conference Call Participants

Mark Argento - Lake Street Capital Markets
Michael Diana - Maxim Group
Chad Stauffer - Private Investor
Sam Namiri - Ridgewood Investments

Operator

Good afternoon, ladies and gentlemen. Welcome to the Heritage Global Inc. Third Quarter 2024 Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday, November 7, 2024. I would now like to turn the conference over to John Nesbett, IMS Investor Relations. Please go ahead.

John Nesbett

Thank you, and good afternoon, everyone. Before we begin, I'd like to remind everyone that this conference call contains forward-looking statements based on our current expectations and projections about future events and are subject to change based on various important factors. 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 call. For more details on factors that could affect these expectations, please see our filings with the Securities and Exchange Commission.

Now I'd like to turn the call over to Heritage Global's Chief Executive Officer, Mr. Ross Dove Please go ahead, Ross.

Ross Dove

Thank you very much, John. Thank you all for joining today, and welcome. When you look at $1.5 million in net operating profit and $2 million in EBITDA cash flow on the surface like today, it's just the blah, blah, okay, so what, quarter, and I get that for the quarter. But I really drill down and look at it across the board at each revenue stream at more than just a glance, yes, it is still just the blah, blah, okay, quarter. And that's okay because we're not a by-the-quarter company.