Undiscovered Stock About to Become #1 Hottest Play on Wall Street
CCUR leads the biggest booming U.S. tech space, and is undiscovered! CCUR has the world's #1 largest video on demand (VOD) market share and reaches 50mm pay-TV households. Pay-TV operators are rapidly investing to deploy IP networks using CDNs and CCUR allows them to do so with its unified CDN technology that supports classic VOD and multi-screen video delivery!
CCUR's technology was used in the first U.S. VOD service and VOD is still growing rapidly with Americans spending 40% more time viewing VOD in 2012 vs in year 2011. Pay-TV companies made huge investments into VOD systems and don't want to eliminate them when VOD is generating $1.2 billion in annual movie revenue and will soon begin adding up to $1 billion in new ad revenue thanks to CCUR's VOD ad insertion technology.
Pay-TV companies must deploy IP CDNs to support multi-screen video delivery to smartphones, tablets, and smart TVs. CCUR is the only pay-TV tech vendor allowing operators to transition to IP while strengthening their VOD systems. CCUR's 3Q earnings PR announced that a Top 5 North American MSO has just deployed CCUR's CDN video solutions and CCUR shareholders have figured out that it's Time Warner Cable (TWC).
CCUR has deployed its unified CDN technology at TWC's brand new IP CDN in Denver, CO, and it is integrated with TWC's classic VOD system, giving TWC the ability to quickly double their VOD title capacity. TWC last month announced the launch of their iOS app using CCUR's CDN technology for multi-screen delivery of VOD and live TV to the iPads and iPhones of their subscribers!
CCUR is $7.15 per share with an enterprise value of $40.22mm or just 0.64X its trailing revenue of $63.23mm! CCUR currently has non-GAAP EPS of $0.43 and it is estimated to finish fiscal year 2013 ending June 30 at $0.50. When CCUR's non-GAAP EPS reaches $0.50 at the end of June, CCUR's rival SEAC will have non-GAAP EPS of $0.44. SEAC is $10.51 with a P/E of 24 and this means CCUR could rapidly rise to above $12!