Concurrent (CCUR) currently $8.08 with a market cap of only $70.73mm, $22.37mm in cash, and an enterprise value of just $48.36mm was just today awarded a major NASA contract that is disclosed on the government's FBO web site but hasn't been announced yet by CCUR! The stock could absolutely explode in the days ahead! CCUR's technology will be powering NASA's Space Launch System simulations to see how the SLS will perform in space!
CCUR's 3Q GAAP EPS was up 175% and when CCUR reports 4Q results after the close on Tuesday, August 27th, CCUR's 4Q GAAP EPS is expected to be up 350%! CCUR soared 17% after 3Q results and could rally by a much larger percentage next week! CCUR currently trades with an enterprise value/revenue ratio of only 0.76 and an enterprise value/free cash flow ratio of only 8.64! CCUR pays a HUGE dividend yield of 5.94%, with its next quarterly cash dividend payment coming just two weeks after its 4Q results!
This morning at 10AMEDT, CCUR will receive HUGE publicity when their Senior VP gets interviewed on Atlanta Business Radio’s highly regarded business show about how CCUR's MediaHawk multi-screen CDN video delivery technology is revolutionizing the pay-TV industry by delivering on demand video content to tablets, smartphones, and Smart TVs! 2 of America's 3 largest cable TV operators Time Warner Cable (TWC) and Cox are now using CCUR's MediaHawk for multi-screen video delivery!
In late March, CCUR signed a HUGE new multi-screen CDN deal with the largest UK cable TV operator Virgin Media to power their new Virgin TV Anywhere platform! CCUR will report their first ever revenues from Virgin Media in their 4Q results on Tuesday, which could allow CCUR to far surpass expectations!
CCUR has the strongest looking chart on the NASDAQ and between this HUGE NASA contact, HUGE positive publicity coming this morning, 4Q results coming Tuesday, and their next quarterly dividend coming in early September, CCUR is about to breakout big into double digits!