Concurrent (CCUR) has had resistance around $8 for months but the one big seller at $8 is just about completely gone for good! When CCUR breaks its resistance, it will explode to $12-$16 for a rapid 50% to 100% gain! CCUR's video on demand (VOD) rival Harmonic (HLIT) is up 6 straight weeks and closed last week at $7.64 vs. CCUR's closing price of $7.73.
CCUR will soon be trading 50% to 100% higher than HLIT:
CCUR’s Cash Per Share is 60% Higher than HLIT
CCUR’s Revenue Per Share is 49% Higher than HLIT
CCUR’s Gross Profit Per Share is 85% Higher than HLIT
CCUR’s EBITDA Per Share is 559% Higher than HLIT
CCUR’s GAAP EPS is 14,017% Higher than HLIT
CCUR’s Non-GAAP EPS is 115% Higher than HLIT
CCUR’s Operating Cash Flow Per Share is 33% Higher than HLIT
CCUR’s Free Cash Flow Per Share is 36% Higher than HLIT
Current Analysis, the cable TV industry's #1 unbiased review firm, rates CCUR's MediaHawk VX on demand video technology #1 in the VOD industry and HLIT's StreamLiner 3000 on demand video technology dead last! CCUR's MediaHawk VX has the largest global VOD market share, delivering on demand videos to 50 million pay-TV households worldwide. CCUR pioneered VOD in 1999 and now provides its 6th generation of MediaHawk, which includes industry leading CDN video solutions that can stream VOD and live TV to any IP-connected device including tablets and smartphones.
CCUR recently announced that a Top 5 North American MSO is beginning to use its CDN video solutions for multi-screen video delivery. Although CCUR didn't name the company, it is definitely Time Warner Cable (TWC), the #2 cable TV operator in the U.S. with 12 million subscribers! Next month, the whole world will find out about CCUR's huge new TWC deal when CCUR discloses it in their 10-K filing. CCUR's 4Q results should be extremely strong! CCUR recently signed a major CDN deal with Virgin Media, the #1 cable TV operator in the UK! CCUR just doubled its dividend and now pays a HUGE 6.2% dividend yield!