Concurrent Computer Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended December 31, 2014
January 27, 2015 at 04:09 pm
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Concurrent Computer Corporation announced unaudited consolidated financial results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported total revenues of $15.996 million against $17.837 million a year ago. Operating loss was $0.608 million against operating income of $1.133 million a year ago. Loss before income taxes was $0.694 million against income before income taxes of $1.070 million a year ago. Net loss was $0.571 million or $0.06 per basic and diluted share against net income of $1.089 million or $0.12 per basic and diluted share a year ago.
For the six months, the company reported total revenues of $33.536 million against $35.035 million a year ago. Operating income was $0.241 million against $1.933 million a year ago. Income before income taxes was $0.130 million against $1.843 million a year ago. Net loss was $0.184 million or $0.02 per basic and diluted share against net income of $1.823 million or $0.21 per basic share and $0.20 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.