Breaking Out Big, Unveiling Major Technology Monday
Concurrent (CCUR) only 9.2mm o/s $24.6mm in cash no debt enterprise value at $7.07 of $40.4mm or just 0.65x revenue of $62.59mm. Up past 12 months straight with very bullish chart. CCUR is the global video on demand leader with reach of 50mm homes worldwide and 6 of top 8 U.S. cable TV companies as clients. CCUR's business is about to boom as pay-TV service providers invest billions to upgrade systems for multi-screen video delivery. CCUR's MediaHawk platform is about to start powering Virgin TV Anywhere, the new TV Everywhere service of Virgin Media (VMED), the largest cable TV company in the UK with 3.8mm subscribers. CCUR's EPS last quarter was up 100% from previous quarter and up 300% from two quarters ago. CCUR will unveil major new ad insertion video technology for free on demand content on Monday that could revolutionize its industry.