Concurrent Computer reports on fourth quarter operating results.OCEANPORT, N.J.--(BUSINESS WIRE)--Aug. 16, 1995--Concurrent Computer Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on symbol: CCUR CCUR Center for Crops Utilization Research ) released unaudited fourth quarter 1995 operating results. For the fourth quarter ended June 30, 1995, Concurrent reported net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $30.5 million, compared with third quarter sales of $30.3 million. The company expects to report a marginally profitable fourth quarter, and year-end sales of approximately $140.0 million. Additional fourth quarter and year-end results will be released upon completion of the year-end audit. Concurrent Computer Corp. is the leading supplier of high-performance, real-time computer systems. Concurrent computers are used in a wide range of applications including: simulation, data acquisition, process control, gaming/gambling, C3I C3I Command, Control, Communications & Intelligence (US DoD) C3I Computer Controlled Coil Ignition C3I Command, Control, and Communications Interoperability C3I Command Control Communications and Intelligence (command, control, communications and intelligence) and multimedia. The company provides sales and support worldwide from offices throughout North America, Europe and the Asia/Pacific area, in addition to authorized distributors. Concurrent Computer Corp. headquarters are in Oceanport, New Jersey Oceanport is a Borough in Monmouth County, New Jersey, United States. As of the United States 2000 Census, the borough population was 5,807. Oceanport was formed as a borough by an Act of the New Jersey Legislature on April 6, 1920, from portions of Eatontown Township (now , USA. CONTACT: Concurrent Computer Corp., Oceanport Joanne Casulli, 908/870-5934 casullij@westford.ccur.com |
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