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Collectors Universe posts 3Q profit

SANTA ANA, Calif. (AP) _ Collectors Universe Inc. (CLCT) on Wednesday reported fiscal third-quarter net income of $3 million.

On a per-share basis, the Santa Ana, California-based company said it had net income of 35 cents.

The provider of authentication for collectibles posted revenue of $18.6 million in the period.

Collectors Universe shares have climbed 25 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.50, a climb of 52 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLCT at https://www.zacks.com/ap/CLCT


Keywords: Collectors Universe, Earnings Report