Industry Changing Technology Being Unveiled Monday
Concurrent (CCUR) only 9.2mm o/s $24.6mm in cash no debt enterprise value at $7.30 of $43.39mm or just 0.69x revenue of $62.59mm. Up past 12 months straight with very bullish chart. CCUR is the global video on demand (VOD) technology leader with 212 deployments across 4 continents reach of 50mm homes worldwide including 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 to tablets/smartphones.
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 on Monday will be unveiling huge new ad insertion video technology for free on demand content that could revolutionize its industry. 6.8 billion free on demand transactions occur annually and CCUR will allow cable TV companies to monetize them by inserting targeted video ads inside of personalized video streams "on the fly" why they are being streamed!