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More on Collectors Universe Q4 results

Aug. 31, 2018 9:55 AM ETCollectors Universe, Inc. (CLCT) StockBy: Pranav Ghumatkar, SA News Editor
  • 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)

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Collectors Universe, Inc.