Breaking News out for Low Floater that Leads Hottest Tech Space!
Concurrent (CCUR) currently only $7.92 per share with 9.2mm o/s $24.6mm in cash no debt enterprise value of $48.2mm or just 0.77X revenue of $62.59mm. Extremely undervalued, best looking chart, breaking huge news that will spread this afternoon and cause CCUR to breakout BIG and explode!
CCUR has successfully developed new technology for their market leading multi-screen video on demand software that will allow cable TV companies to begin monetizing free on demand (FOD) content that had 6.8 billion transactions last year! Cable TV providers using CCUR's HUGE new breakthough can dynamically insert alternate video content into active streams based on flexible business rules. Alternate content insertion can be used for targeted video advertising, allowing service providers to more effectively monetize live and video-on-demand content that is being delivered to Internet connected devices. It can also be used to comply with content black-out rules commonly associated with premium live sporting events.
CCUR will be demoing this HUGE VOD breakthrough throughout next week at the 2013 NAB Show! CCUR's rival Seachange (SEAC) will be there. SEAC has lower gross margins yet is trading with enterprise value/revenue ratio of 1.85, which would make CCUR a $15+ stock! CCUR will breakout big and explode this afternoon as this news starts to spread!
CCUR's clients include Time Warner Cable, Cox, Charter, and Bright House. Most recently, CCUR announced Virgin Media (VMED) the largest cable TV company in the UK is deploying CCUR's MediaHawk CDN platform to power their brand new Virgin TV Anywhere service that allows their 3.8mm subscribers to watch live TV and on demand content from any location on their tablets/smartphones! CCUR's EPS last quarter was up 100% from quarter before and up 300% from two quarters ago! Don't miss out, look at CCUR's chart right away!