- Collectors Universe (NASDAQ:CLCT -0.3%) reports Q4 revenue decrease of 4.6% Y/Y to $17.12M.
- Cards and autograph service revenues increased by 18% Y/Y.
- Total coin revenues decreased by 15% Y/Y.
- Coin service revenues generated by overseas operations were 12%.
- Higher warranty expense and inventory reserves reduced gross profit margin by 3% in Q4 to 55%.
- Operating income was $2.2M (+83.3% Y/Y).
- The Company’s cash position was $10.6M (+8.2% Y/Y).
- Declared cash dividend of $0.175 per share of common stock payable on August 31, 2018.
- Previously: Collectors Universe reports Q4 results (Aug. 30)