Concurrent Computer

Concurrent is a global software and solutions provider that develops content delivery and real-time applications on a core foundation of high-performance Linux® and storage technologies. The company serves industries and customers that demand uncompromising performance, reliability, and flexibility to gain a competitive edge, drive meaningful growth, and power brighter ideas that enrich the lives of millions of people around the world every day. Concurrent works closely with service providers, aerospace and defense organizations, automotive manufacturers, and a diverse range of companies in the manufacturing, financial, energy, and healthcare markets to launch innovative solutions and help achieve their most ambitious endeavors. Offices are located in North America, Europe and Asia.
Company Growth (employees)
Type
Public
HQ
Duluth, US
Founded
1966
Size (employees)
236 (est)
Concurrent Computer was founded in 1966 and is headquartered in Duluth, US

Concurrent Computer Office Locations

Concurrent Computer has offices in Duluth and Pompano Beach
Duluth, US (HQ)
100 4375 River Green Pkwy
Pompano Beach, US
2881 Gateway Dr

Concurrent Computer Metrics

Concurrent Computer Financial Metrics

Concurrent Computer's revenue was reported to be $61.1 m in FY, 2016 which is a 5% decrease from the previous period.

Revenue (FY, 2016)

$61.1 m

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Gross profit (FY, 2016)

$44.1 m

Gross profit margin (FY, 2016), %

72%

Net income (FY, 2016)

($11.1 m)

EBIT (FY, 2016)

$1.9 m

Market capitalization (19-May-2017)

$59.1 m

Closing share price (19-May-2017)

$6.2

Cash (31-Dec-2016)

$20.3 m
Concurrent Computer's current market capitalization is $59.1 m.
FY, 2014FY, 2015FY, 2016

Revenue

$71.2 m$64.5 m$61.1 m

Revenue growth, %

(9%)(5%)

Cost of goods sold

$20.4 m$18.8 m$17.1 m

Gross profit

$50.8 m$45.7 m$44.1 m

Gross profit Margin, %

71%71%72%

Operating expense total

$35.1 m$35.4 m$34.3 m

EBIT

$5.3 m$946 k$1.9 m

EBIT margin, %

7%1%3%

Interest expense

$42 k$2 k

Interest income

$27 k$12 k$167 k

Pre tax profit

$5.1 m$340 k$2.8 m

Income tax expense

($13.4 m)$778 k$13.9 m

Net Income

$18.5 m($345 k)($11.1 m)
Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$31.4 m$27.8 m$29.6 m$27.9 m$28.1 m$25.5 m$20.3 m

Accounts Receivable

Inventories

$804 k$3.4 m$3.5 m

Current Assets

$45 m$41.2 m$39.9 m

PP&E

$3.1 m$2.4 m$3.1 m

Total Assets

$62.4 m$57.9 m$45.2 m

Accounts Payable

$7.6 m$6.3 m$9.2 m

Current Liabilities

$15 m$14.7 m$17.3 m

Additional Paid-in Capital

$209.7 m$210.5 m$211 m

Retained Earnings

($169 m)($173.8 m)($189.3 m)

Total Equity

$40.5 m$36.6 m$21 m

Financial Leverage

1.5 x1.6 x2.2 x
FY, 2014FY, 2015FY, 2016

Net Income

$18.5 m($345 k)($11.1 m)

Depreciation and Amortization

$2.3 m$1.8 m$1.7 m

Accounts Receivable

($674 k)$432 k($4.8 m)

Inventories

($461 k)($336 k)($43 k)

Accounts Payable

($979 k)$2.5 m

Cash From Operating Activities

$6.8 m$3.5 m($2.2 m)

Purchases of PP&E

($1.9 m)($1.9 m)($2.3 m)

Cash From Investing Activities

($1.9 m)($1.3 m)$1.2 m

Dividends Paid

($4.5 m)($4.5 m)($4.5 m)

Cash From Financing Activities

($4.6 m)($4.5 m)($4.5 m)

Interest Paid

$25 k$7 k$3 k

Income Taxes Paid

($90 k)$574 k$511 k
Y, 2016

Financial Leverage

2.2 x

Concurrent Computer Operating Metrics

Concurrent Computer's Patents (US) was reported to be 12 in FY, 2016
FY, 2016

Patents (US)

12

Patent Applications

29

Concurrent Computer Market Value History

Concurrent Computer Revenue Breakdown

Concurrent Computer Median Salaries

Source: 22 public H-1B filings from Concurrent Computer

Concurrent Computer Online Presence

Concurrent Computer News

Concurrent Computer Company Life

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