CCUR is undiscovered, but currently has the world's #1 largest video on demand (VOD) market share and reaches 50mm pay-TV households. Most pay-TV operators will invest to deploy IP networks this year using CDNs and CCUR's unified CDN technology is the only solution available that integrates with classic VOD systems to double VOD title capacity and add multi-screen VOD streaming to all IP connected devices!
VOD is still growing rapidly today with Americans spending 40% more time watching VOD in 2012 vs. 2011. Pay-TV operators made huge investments into their VOD systems and don't want to do away with them when VOD is generating the industry $1.2 billion in annual movie revenue and will start adding up to $1 billion in ad revenue in 2013 due to CCUR's VOD ad insertion technology.
Pay-TV operators must rapidly deploy IP CDNs to support multi-screen video delivery to tablets, smartphones, and smart TVs. Only CCUR allows them to transition to IP while enhancing their VOD architecture. CCUR's 3Q earnings PR announced a new CDN client that is a Top 5 North American MSO. Several CCUR shareholders have figured out it is Time Warner Cable, the #2 U.S. cable TV operator! CCUR also just signed a CDN deal with Virgin Media, the #1 cable TV operator in the UK!
CCUR just deployed its unified CDN technology as part of TWC's new IP CDN in Denver, which integrates TWC's classic VOD system with their new IP network. TWC can now double its VOD title capacity at any time and is already beginning to stream VOD to iPhones and iPads located anywhere, using CCUR's CDN technology!
CCUR is $7.15 per share with an enterprise value of $40.22mm or 0.64X trailing revenues of $63.23mm! CCUR's EPS has been ramping up big time in recent quarters from $0.02, to $0.04, to $0.08, and now $0.11! CCUR's 3Q EPS of $0.11 beat analyst estimates of $0.09 by 22.2%! CCUR has a huge cash position, no debt, and pays a big cash dividend. CCUR's chart looks amazing and it could easily double by mid-May!