Concurrent Computer Corporation (CCUR) Releases Quarterly Earnings Results
Concurrent Computer Corporation (NASDAQ:CCUR) announced its quarterly earnings results on Thursday. The technology company reported ($0.10) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Concurrent Computer Corporation had a negative return on equity of 104.03% and a negative net margin of 28.70%.
Shares of Concurrent Computer Corporation (NASDAQ:CCUR) traded down 3.86% on Thursday, hitting $5.97. 56,866 shares of the stock traded hands. Concurrent Computer Corporation has a 52 week low of $4.63 and a 52 week high of $7.10. The firm’s market cap is $55.31 million. The stock has a 50-day moving average price of $6.50 and a 200 day moving average price of $5.91.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 26th. Stockholders of record on Tuesday, September 12th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, September 11th. This represents a $0.48 annualized dividend and a dividend yield of 8.04%. Concurrent Computer Corporation’s dividend payout ratio (DPR) is presently -25.13%.
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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.
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