Concurrent Computer Corporation (CCUR) Announces Earnings Results

Concurrent Computer Corporation (NASDAQ:CCUR) announced its earnings results on Monday. The technology company reported ($0.11) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Concurrent Computer Corporation had a net margin of 55.12% and a negative return on equity of 25.04%.

Shares of Concurrent Computer Corporation (NASDAQ CCUR) opened at $6.11 on Tuesday. Concurrent Computer Corporation has a 1 year low of $4.63 and a 1 year high of $7.10.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, December 14th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 7.86%. The ex-dividend date of this dividend is Wednesday, December 13th. Concurrent Computer Corporation’s dividend payout ratio is presently 15.79%.

In other news, major shareholder Julian D. Singer bought 41,438 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were acquired at an average price of $6.22 per share, with a total value of $257,744.36. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Julian D. Singer bought 286,040 shares of the company’s stock in a transaction that occurred on Tuesday, October 17th. The stock was purchased at an average cost of $6.24 per share, for a total transaction of $1,784,889.60. The disclosure for this purchase can be found here. In the last three months, insiders purchased 394,622 shares of company stock worth $2,460,104. 6.00% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://transcriptdaily.com/2017/11/14/concurrent-computer-corporation-ccur-announces-earnings-results.html.

Concurrent Computer Corporation Company Profile

Concurrent Computer Corporation is a software and solutions company that develops applications on storage technologies. The Company’s operates through content delivery segment, which include software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network.

Earnings History for Concurrent Computer Corporation (NASDAQ:CCUR)

Receive News & Ratings for Concurrent Computer Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Concurrent Computer Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply