Another Record Quarter for PSA

The grading and authentication business continues to boom. PSA and PSA/DNA say they shipped over 620,000 collectibles in the third quarter of the 2019 fiscal year.

“The PSA and PSA/DNA business set another all-time revenue quarterly record for the division and eclipsed last year’s Q3 revenue by roughly $1.3 million, a 24% increase year-over-year,” Joe Orlando, President and CEO of Collectors Universe, the parent company of PSA and PSA/DNA told shareholders this week.  “Based on the first three-quarters of fiscal 2019, this part of our company is expected to close out its ninth consecutive year of top and bottom line growth.”

Third quarter revenue for PSA and PSA/DNA was $6.7 million compared to $5.4 million last year.  Read Full Story at Sports Collectors Daily here.