Concurrent is a 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 sells software products and technical support services for the video, media, and real-time markets. Its video segment includes software for intelligently streaming video and collecting viewer consumption data. It is mainly geared toward broadband and content providers worldwide. The Company's real-time computing products consist of Linux and other real-time operating systems and software development tools that are combined with off-the-shelf hardware for time-critical applications, such as simulation, image generation, testing, industrial process control, and data acquisition and processing. Concurrent primarily serves the aerospace/defense, automotive, and financial markets.

TypeSubsidiary
HQDuluth, US
Founded1966
Websiteconcurrent.com
Concurrent Computer was founded in 1966 and is headquartered in Duluth, US
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Key People/Management at Concurrent Computer

Dean Rockwell

Dean Rockwell

Senior Vice President and General Manager, Concurrent
Clay McCreery

Clay McCreery

SVP WW Sales, Product & Service
Osamu Sammy Nakamura

Osamu Sammy Nakamura

President, Concurrent Japan
Jim Denenny

Jim Denenny

SVP Engineering & Technology
Barry Smith

Barry Smith

Vice President, Client Services
Judd Schmid

Judd Schmid

VP, Corporate Controller & IT
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Concurrent Computer Office Locations

Concurrent Computer has offices in Tokyo, Bracknell, Atlanta and Duluth
Duluth, US (HQ)
4375 River Green Parkway Suite 100
Atlanta, US
201 17th Street Suite 540
Tokyo, JP
Yanagibashi First Bldg, 4F 19-6, 2-chome Taito-ku
Bracknell, GB
Venture House Arlington Square Downshire Way
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Concurrent Computer Financials and Metrics

Summary Metrics

Founding Date

1966

Concurrent Computer Revenue

Concurrent Computer's revenue was reported to be $61.15 m in FY, 2016 which is a 5.1% decrease from the previous period.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

71.2m64.5m61.1m

Revenue growth, %

(9%)(5%)

Cost of goods sold

20.4m18.8m17.1m

Gross profit

50.8m45.7m44.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Revenue

17.2m17.8m18.3m17.5m16.0m17.1m13.4m14.9m15.5m13.1m15.5m15.0m

Cost of goods sold

7.7m7.9m8.0m7.8m7.2m7.0m5.5m5.5m7.5m5.9m6.1m6.5m

Gross profit

9.5m10.0m10.2m9.7m8.8m10.1m7.9m9.4m8.0m7.2m9.4m8.5m

Gross profit Margin, %

55%56%56%55%55%59%59%63%51%55%61%57%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Cash

31.4m27.8m29.6m27.9m28.1m25.5m20.3m33.0m

Accounts Receivable

Inventories

804.0k3.4m3.5m

Current Assets

45.0m41.2m39.9m56.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Cash

25.5m25.1m22.5m26.2m25.1m26.8m24.5m21.3m18.7m19.3m18.8m15.8m44.9m

Inventories

3.0m3.9m3.6m3.1m2.3m3.9m3.0m3.2m3.4m2.7m2.0m2.9m

Current Assets

39.7m42.1m45.7m44.5m41.1m45.3m40.8m39.7m40.1m33.8m29.9m31.9m65.6m

PP&E

3.2m2.9m3.0m3.1m2.4m2.4m2.8m2.7m2.8m3.1m2.8m2.3m1.0k
Annual
usdFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

18.5m(345.0k)(11.1m)16.1m

Depreciation and Amortization

2.3m1.8m1.7m606.0k

Inventories

(461.0k)(336.0k)(43.0k)(146.0k)

Accounts Payable

(979.0k)2.5m(5.2m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Net Income

734.0k1.1m1.1m387.0k(571.0k)784.0k3.2m2.9m1.7m(2.9m)(3.0m)(4.7m)17.8m

Depreciation and Amortization

431.0k861.0k1.3m458.0k920.0k1.3m606.0k

Inventories

3.1m2.3m3.9m499.0k245.0k106.0k768.0k1.3m367.0k(146.0k)

Accounts Payable

6.6m6.0m7.1m(667.0k)44.0k2.6m(2.0m)(3.2m)786.0k(5.5m)
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Concurrent Computer Operating Metrics

FY, 2016

Patent Applications

29

Patents (US)

12
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Concurrent Computer Revenue Breakdown

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Concurrent Computer revenue breakdown by geographic segment: 8.7% from Europe, 23.4% from Asia-Pacific, 67.9% from North America and 0.0% from Other

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Concurrent Computer Online and Social Media Presence

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Concurrent Computer Blogs

NOS Enhances User Experience with Concurrent’s MediaScaleX Platform

September 17, 2018 /PRNewswire/ –Concurrent Technology Inc., a Vecima Company (TSX: VCM), and NOS have announced an expanded partnership, enabling NOS to continue its leadership in delivering cutting edge media and entertainment offerings to all of Portugal. As part of the agreement, NOS will deploy…

Concurrent Technology Unveils MediaScaleX™ at IBC2018

September 14, 2018 – Concurrent Technology Inc., a Vecima Company (TSX: VCM), the global leader in media delivery and storage solutions for content owners, broadcasters and service providers, announces the launch of MediaScaleX™, a next generation hyperscale platform suite, built from the ground up …

Concurrent Computer Company Life and Culture

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