Collectors Universe (CLCT) Reports Q4 EPS of $0.21, Comments on Outlook

Collectors Universe (NASDAQ: CLCT) reported Q4 EPS of $0.21, versus $0.29 reported last year. Revenue for the quarter came in at $15.25 million, versus $16.51 million reported last year.

Commentary and Outlook

Robert Deuster, Chief Executive Officer, stated, “ While we did not see the revenue benefit from US Mint issues like the Baseball HOF program this fourth quarter and the coin market moderated slightly in the US, primarily due to gold and silver pricing, our grading business expanded internationally and our sports business continued its growth trend producing another record revenue year. Operating margins overall for the Company remained strong as we continue our focus on operational efficiency and increased investments in online tools for customers in our marketplace. We enter FY2016 with similar market conditions in the US, but remain positive about the international programs we have in place.”

For earnings history and earnings-related data on Collectors Universe (CLCT) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Outlook Therapeutics (OTLK) Misses Q3 EPS by 9c
• Neumora Therapeutics, Inc. (NMRA) Tops Q2 EPS by 4c