Heritage Global reports Q2 EPS 7c, consensus 7c

Reports Q2 revenue $13.1M, two estimates $14.09M. Heritage Global Chief Executive Officer Ross Dove commented, “We continued to drive operational execution across our business in the second quarter, resulting in solid net operating income of $3.1 million, characterized by particularly strong growth in our financial assets division. Both of our operating divisions are seeing tremendous opportunities in the marketplace, as the challenging economy is creating heightened volume in the financial and industrial assets coming to market.”