Collectors Universe (CLCT) Reports Q1 EPS of $0.23

Collectors Universe (NASDAQ: CLCT) reported Q1 EPS of $0.23, versus $0.21 reported last year. Revenue for the quarter came in at $14.62 million, versus $16.2 million reported last year.

Robert Deuster, Chief Executive Officer, stated, "On balance our businesses performed well this last quarter, given that the activity in commemorative coins was down compared to last year's successful Baseball HOF and Kennedy modern coin programs. We saw growth in our sports/autographs business. Despite the revenue reduction, our operating margins continued to be very healthy. I am also pleased to announce that we launched our Collectors.com collectibles search engine in August after a significant development effort in FY2015. This enhanced search engine is geared towards the collector who is seeking to find a sought-after collectible from a single source. We continue to be optimistic about the markets we serve and the new capabilities we are bringing to market to support our future growth."

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

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