Collectors Universe Inc.
The Newport Beach company, which authenticates and grades collectible coins and sports cards and conducts auctions, posted fourth-quarter net income of $467,000, or 2 cents a share, contrasted with a net loss of $943,000, or 5 cents a share, for the same period last year. Revenue for the quarter ended July 1 grew 38% to $11.3 million. Net income for the year totaled $1.5 million, or 6 cents a share, contrasted with a year-earlier net loss of $170,000, or 1 cent a share. Revenue was up 88% to $42.4 million.
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