CCUR Will Explode Next Week Like ENVI is Exploding Today
Envivio (ENVI) is up 29% today to $3.60 after reporting stronger than expected 2Q results. ENVI is now trading with an enterprise value/revenue ratio of 1.38 despite the company just reporting its 6th consecutive quarterly net loss. Concurrent (CCUR) is an extremely similar multi-screen video delivery company with many of the same clients as ENVI, but CCUR just reported its 6th consecutive quarter net profit - and CCUR is currently trading with an enterprise value/revenue ratio of only 0.64! CCUR deserves a higher multiple than ENVI and will quickly rise to ENVI's enterprise value/revenue ratio of 1.38, which will value CCUR at $13.77 up 75% from its current price of $7.86!
CCUR will file its 10-K any day now, and CCUR will report record annual free cash flow of approximately $6.212 million. ENVI currently has negative free cash flow of approximately ($20 million). CCUR's EPS has been ramping on a quarter-to-quarter basis from $0.02, to $0.04, to $0.08, to $0.11, and to $0.26. CCUR's EPS last quarter was up 1,200% year-over-year! CCUR just doubled its annual dividend to $0.48 per share for an industry leading yield of 6.1%! If you own CCUR at the close of trading on Wednesday Sept 11th you will receive a $0.12 per share cash dividend.
CCUR from Sept 13th-17th will be publicly demonstrating for the first time ever its breakthrough new cloud-based Network DVR solution that will allow its pay-TV operator clients to provide DVR services over the cloud without giving their customers DVR boxes. Consumers will be able to record more unlimited TV shows simultaneously with infinite storage space and the ability to playback recorded DVR content on any tablet, smartphone, Smart TV, or other Internet connected device! CCUR will reach double digits next week!