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

Concurrent Computer Corporation (NASDAQ CCUR) opened at $6.11 on Tuesday. Concurrent Computer Corporation has a 52-week low of $4.63 and a 52-week high of $7.10.

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

In related news, major shareholder Julian D. Singer acquired 66,040 shares of the firm’s stock in a transaction that occurred on Monday, October 16th. The shares were acquired at an average price of $6.22 per share, with a total value of $410,768.80. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Julian D. Singer acquired 286,040 shares of the firm’s stock in a transaction that occurred on Tuesday, October 17th. The shares were bought 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 90 days, insiders bought 394,622 shares of company stock valued at $2,460,104. Company insiders own 6.00% of the company’s stock.

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About Concurrent Computer Corporation

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)

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