Collectors Universe rallies on Q2 preliminary results; amends merger agreement to $92/share

Jan. 20, 2021 9:27 AM ETCollectors Universe, Inc. (CLCT)CLCTBy: Pranav Ghumatkar, SA News Editor3 Comments
  • Collectors Universe (NASDAQ:CLCT) expects second quarter preliminary revenues to be ~$35.4M; gross margin is expected to be ~64% and adj. operating income of ~$10M.
  • The rapid turnaround services have resulted in an average selling price of 35% higher Q/Q and ~65% higher than the

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