Collectors Universe (CLCT) Sees Q1 Revs, Net Income Lower Y/Y

October 8, 2012 6:27 AM EDT
Collectors Universe (Nasdaq: CLCT) nnounced preliminary results for its first quarter ended September 30, 2012.

For the first quarter of fiscal 2013, service revenues are expected to be approximately $10.7 million and operating income is expected to be approximately $1.2 million, compared to service revenues of $11.9 million and operating income of $2.5 million for the first quarter of the fiscal 2012.

Cash at September 30, 2012 is expected to be $19.5 million, compared with $21.2 million at June 30, 2012 and $20.6 million at September 30, 3011.


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