Concurrent (CCUR) currently $8.88 with a market cap of $77.74mm, $22.37mm in cash, and enterprise value of $55.37mm was just awarded a major NASA contract! It's disclosed on the government's FBO web site but CCUR hasn't announced it yet! 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 today's close of trading, 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 starting tomorrow! CCUR currently trades with an enterprise value/revenue ratio of only 0.88 and an enterprise value/free cash flow ratio of only 9.89! CCUR pays a HUGE dividend yield of 5.4%! One week from today on Tuesday, September 3rd, CCUR is likely to announce that their next HUGE quarterly cash dividend payment will be made to investors who are CCUR shareholders at the close of trading on Tuesday, September 10th, exactly two weeks from today!
CCUR's MediaHawk multi-screen CDN video delivery technology is revolutionizing pay-TV by delivering on demand video content to tablets, smartphones, and Smart TVs! 2 of the 3 largest U.S. cable TV operators - Time Warner Cable (TWC) and Cox - are now using CCUR to power multi-screen video delivery!
In late March, CCUR signed a HUGE multi-screen CDN deal with the #1 UK cable TV operator Virgin Media to power their new Virgin TV Anywhere platform! CCUR will likely report their first ever revenues from Virgin Media this evening, which could allow CCUR to far surpass expectations!
CCUR has the strongest looking chart on the NASDAQ! Between their new HUGE NASA contract, 4Q results coming tonight, and their big quarterly cash dividend announcement coming one week from today - CCUR is about to breakout big into double digits! From Sept 13th through Sept 17th, CCUR will demo their new breakthrough software solutions for delivering pay-TV to Every Video Screen!