Concurrent (CCUR) Reports Q4 Loss of $1.40/Share

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Concurrent Reports Fourth Quarter and Fiscal Year 2016 Financial Results

August 30, 2016 4:01 PM EDT

ATLANTA, Aug. 30, 2016 (GLOBE NEWSWIRE) -- 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, 2016.

We are pleased to report our third consecutive quarter of revenue growth, finishing out the fiscal year strongly with Q4 revenue of $17.4M, an increase of 12.8% quarter-over-quarter and more than 26% compared to the same... More