New York, NY -- (SBWIRE) -- 02/01/2013 -- Growing Stock Report initiates a Nasdaq Break Out Stock Watch on the following Stock: Concurrent Computer Corporation(NASDAQ:CCUR)
Concurrent Computer Corporation (Nasdaq:CCUR) a company that provides software, hardware, and professional services for the video market in North America, the Asia Pacific, Europe, and South America is currently up (+14.07%) after the company reported revenue for the fiscal 2013 second quarter was $16.6 million compared with $16.4 million for the same period in fiscal 2012, and $15.0 million in the preceding quarter. Gross margin for the fiscal 2013 second quarter was 57.5% compared with 54.8% for the same period in fiscal 2012, and 58.7% in the preceding quarter, primarily reflecting the mix of customers. Operating expenses were $8.7 million, compared with $9.5 million for the same period in fiscal 2012, and $8.4 million in the preceding quarter. The company reported net income of $673 thousand, or $0.08 per diluted share, in the second quarter of fiscal 2013, compared with a loss of $833 thousand, or $0.10 per diluted share, in the same period in fiscal 2012, and net income of $325 thousand, or $0.04 per diluted share, in the preceding quarter.
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