Concurrent (CCUR) Swings to Q4 Loss

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Concurrent Reports Fourth Quarter and Fiscal Year 2015 Financial Results

August 25, 2015 4:02 PM EDT

ATLANTA, Aug. 25, 2015 /PRNewswire/ -- Concurrent (NASDAQ: CCUR), a global provider of high-performance Linux® and storage solutions, today announced financial results for the fourth quarter and fiscal year ended June 30, 2015.

"During fiscal 2015, the company made good progress on several new initiatives related to our core Linux and storage technologies that are designed to generate growth and diversify our customer and revenue mix," said Derek Elder, CEO of Concurrent. "While we won several new projects and expanded our customer... More