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Heritage Global Inc.
5/9/2024
Ladies and gentlemen, greetings and welcome to the Heritage Global Inc. First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, John Nesbitt with IMS Investor Relations.
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 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 Duff. Ross?
Thank you, John. Good afternoon, and thank you, everyone, for joining. Ending Q1 with a solid Q and $2.6 million in NOI feels very good after our very large Q4. It bodes well for just this year and also next year and beyond. We're now in Q2 with lots of momentum and a strong sale in the books already and on track and pace to close our first quarter well-positioned to continue our organic growth trajectory. We are now healthy enough and confident enough and positive enough to pivot to a strong drive towards M&A. With that, I turn the call over to Brian for the nuts and bolts of Q1 results, and I'll add some color afterwards on where I see the market, where I see the opportunities, and where I see us striving forward. So Brian, we'll walk you through the quarter, and then I'll join back in. And once again, thank you for joining.
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