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Concurrent Computer Corp (CCUR.OQ)

CCUR.OQ on NASDAQ Stock Exchange Global Market

6.05USD
22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Concurrent reports Q4 loss per share $0.10 from continuing operations
Thursday, 7 Sep 2017 04:01pm EDT 

Sept 7 (Reuters) - Concurrent Computer Corp ::Concurrent reports 16pct sequential increase in product revenue for the fourth quarter of fiscal 2017.Q4 loss per share $0.10 from continuing operations.Q4 revenue $7.8 million versus $8.8 million.Sees FY 2018 revenue up at least 10 percent.Concurrent Computer Corp - for fiscal 2018 expect to generate breakeven to positive adjusted EBITDA​.  Full Article

Concurrent Computer ‍board approves reduction in size of board
Friday, 14 Jul 2017 05:36pm EDT 

July 14 (Reuters) - Concurrent Computer Corp :Concurrent Computer Corp - ‍board approved a reduction in size of board from seven to four members​.Concurrent Computer Corp - board dissolved executive committee effective immediately - SEC filing.Concurrent Computer - on July 14, board appointed Wayne Barr, Jr. to chairman position, which was left vacant by steve Nussrallah's resignation.  Full Article

Julian Singer reports 13.9 pct stake in Concurrent Computer as of July 10
Monday, 10 Jul 2017 06:53am EDT 

July 10 (Reuters) - Concurrent Computer Corp :Julian singer says believes that change at Concurrent Computer Corp board level may be necessary, warranted - ‍​SEC filing.Julian Singer says believes that a 4 person board is more appropriate for concurrent computer corp.Julian Singer reports 13.9 percent stake in Concurrent Computer Corp as of july 10, 2017 - sec filing.Julian Singer says believes concurrent computer, stockholders "would be better served if" Messrs’ Nusrallah, Blackmon, enterline "were removed/resigned from board.Julian Singer says is supportive of efforts of Derek Elder, Concurrent Computer’S CEO, in monetizing assets,operating remaining business.  Full Article

Concurrent Computer Corp has partnered with Rincon Technology Inc
Tuesday, 27 Jun 2017 11:05am EDT 

June 27 (Reuters) - Concurrent Computer Corp :Concurrent Partners with Rincon Technology to extend reach of content delivery and storage solutions.Concurrent Computer Corp - has partnered with Rincon Technology Inc.  Full Article

Battery Ventures says Russell Fleischer, Jordan Welu to join new Concurrent Real-Time's board
Monday, 15 May 2017 01:30pm EDT 

May 15 (Reuters) - Battery Ventures: :Battery Ventures says Battery GP Russell Fleischer and battery vice president Jordan Welu will join Concurrent Real-Time's board after deal closes.  Full Article

Concurrent Computer sells real-time business segment to Battery Ventures; Appoints Warren Sutherland as CFO
Monday, 15 May 2017 01:11pm EDT 

May 15 (Reuters) - Concurrent Computer Corp :Concurrent sells real-time business segment for $35 million to battery ventures; focuses on video storage & delivery market opportunity.Concurrent computer corp says warren sutherland appointed chief financial officer.Concurrent computer corp - real-time business segment will operate as an independent, privately-held company doing business as concurrent real-time.Concurrent computer corp - total revenue for q3 was $15.0 million.Concurrent computer corp - of $35.0 million in gross proceeds from deal, $2.8 million is being held by buyer battery ventures until approval is received.Concurrent computer corp says warren sutherland succeeds emory berry as cfo.Concurrent computer corp - real-time business segment will be classified as discontinued operations beginning in q4 of fiscal 2017.Concurrent computer corp - result of real-time business segment sale, pro forma working capital position of company has increased by about $30 million.Concurrent computer-special banking committee of board that was formed to review co's strategic alternatives among other things has been dissolved.Concurrent computer corp - concurrent recorded expenses of $1.1 million related to transaction for q3 ended march 31, 2017.Concurrent Computer - $2.0 million of proceeds from placed into escrow for future release to concurrent, subject to terms and conditions, on may 15, 2018.  Full Article

Concurrent reports Q2 loss per share $0.01
Wednesday, 8 Feb 2017 08:00am EST 

Concurrent Computer Corp : Concurrent Computer Corp -total revenue for year is expected to be flat to slightly up from 2016 revenue of $61.1 million . Concurrent reports second quarter fy2017 financial results . Q2 loss per share $0.01 . Q2 revenue $15.5 million versus $14.9 million .Concurrent Computer Corp says reiterated its fiscal 2017 guidance.  Full Article

Concurrent Q4 loss per share $1.40
Tuesday, 30 Aug 2016 04:01pm EDT 

Concurrent Computer Corp : Concurrent reports fourth quarter and fiscal year 2016 financial results . Q4 loss per share $1.40 . Q4 revenue $17.4 million versus $13.8 million .Concurrent computer corp says gross margin for q4 of fiscal 2016 was 63.4%, compared with 51.5% in q3 of fiscal 2016.  Full Article

Julian Singer in discussions with Concurrent Computer management regarding board representation
Friday, 15 Jul 2016 03:02pm EDT 

CONCURRENT COMPUTER CORP : Julian Singer Plans to continue to engage, in discussions with concurrent computer management and board regarding board representation - sec filing . Julian Singer Intends to nominate three individuals for election as directors at the concurrent computer's 2016 annual meeting of stockholders .Julian Singer Reports 9.4 percent stake in concurrent computer as of july 15.  Full Article

BRIEF-Concurrent reports Q4 loss per share $0.10 from continuing operations

* Concurrent reports 16pct sequential increase in product revenue for the fourth quarter of fiscal 2017