Concurrent Computer Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended December 31, 2013
January 29, 2014 at 02:31 am IST
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Concurrent Computer Corporation announced unaudited consolidated financial results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported total revenues of $17.837 million against $16.589 million a year ago. Operating income was $1.133 million against $0.876 million a year ago. Income before income taxes was $1.070 million against $0.679 million a year ago. Net income was $1.089 million or $0.12 per diluted share against $0.673 million or $0.08 per diluted share a year ago.
For the six months, the company reported total revenues of $35.035 million against $31.593 million a year ago. Operating income was $1.933 million against $1.289 million a year ago. Income before income taxes was $1.843 million against $1.111 million a year ago. Net income was $1.823 million or $0.20 per diluted share against $0.998 million or $0.11 per diluted share a year ago.
CCUR Holdings, Inc. operates in the financial services industry. The Companyâs subsidiary, Recur Holdings LLC, conducts, holds and manages real estate operations. The Company serves as a co-sponsor to Crixus BH3 Acquisition Company. The Company is further evaluating for acquisition purposes additional operating business and assets to maximize the value of its assets.