Shares of Concurrent Computer Corp. (CCUR) Trade Lower on Fourth Quarter and Fiscal Year-End 2008 Financial Results
Concurrent Computer Corporation (NASDAQ: CCUR), a leading provider of real-time, Linux-based computing technologies for commercial and government markets, recently announced its financial results for the fourth quarter and year-end results for the fiscal year. Shares of the company’s stock moved lower earlier this week on the quarterly revenue announcement of $17.6 million, compared to $21.09 million for the same period in 2007. The company’s net loss for the fourth quarter totaled $0.12 per fully diluted share, compared to a loss of $0.09 per share for the same period one-year earlier. Total year-end revenue reached $70.8 million, up slightly from $69.1…