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Stock impact report

Collectors Universe sets Record Q2 Revenues and 1st Half Operating Results

COLLECTORS UNIVERSE (CLCT) 
US:NASDAQ Investor Relations: investors.collectors.com/investor-relations
Company Research Source: GlobeNewswire
NEWPORT BEACH, Calif., Feb. 04, 2020 (GLOBE NEWSWIRE) -- Collectors Universe, Inc. (NASDAQ: CLCT), a leading provider of value-added authentication and grading services to dealers and collectors of collectibles, today announced financial results for its second quarter of fiscal year 2020. Q2, 2020 versus Q2, 2019 Financial Highlights: Revenues up 24% to $19.5 million versus $15.7 millionGross Profit Margin stable at 56% in both second quartersOperating Margin up to 17% of revenues ($3.3 million) versus 14% ($2.2 million)Diluted EPS at $0.29 versus $0.17  Q2 and First Six Months Review: The $3.8 million revenue increase in this year’s second quarter to $19.5 million included a $2.1 million, or 35%, increase in cards/autographs revenues and a $1.8 million, or 21%, increase in coin revenues.  The cards/autographs revenues represented a second quarter record for that business. China coin revenues at $2.0 million in this year’s quarter were up $1.3 million, or 185%, from last year’s Show less Read more
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