concurrent

Concurrent Reports Lower Fiscal Q4 Revenues, Swings to a Profit

VOD technology provider, Concurrent , has released financial results for its fiscal fourth quarter and year, ended June 30th: Q4 revenues totaled $15.9 million (with gross margins of 59.2%), compared to $17.6 million for the year-ago quarter. Q4 operating expenses totaled $9.1 million, compared to $10.8 million for the year-ago quarter. Q4 net income totaled $245,000, or $0.03 per diluted share, compared to a loss of $1 million, or $0.12 per share, for the year-ago...

Concurrent, Clearleap Integrate Technologies to Provide "Comprehensive View" of Subscriber Experience

--Say Joint Solution Will Enable Operators to Offer Addressable Advertising, "Intelligent Interactivity"
VOD technology provider, Concurrent , and Clearleap , a company which offers a content-acquisition, delivery, management and distribution platform that brings broadband video and other Internet-sourced content to television sets, including sets equipped with low-resource legacy cable set-top boxes (note: the company recently announced that cable operator, Atlantic Broadband, is deploying its platform-- see the article published on itvt.com, June 30th ; its most prominent competitor is ActiveVideo Networks, which is currently deploying its platform...

VOD Technology Provider, Concurrent, Reports Large Losses

--Losses Include Substantial Non-Cash Impairment Charges
VOD technology provider, Concurrent , on Tuesday released financial results for its fiscal third quarter, ended March 31st:
--Revenues totaled $19.2 million, compared to $19.4 million for the year-ago quarter.
--Net losses totaled $15.3 million, or $1.85 per diluted share, compared to net income of $301,000, or $0.00 per share, for the year-ago quarter. The company said that the figure for the most recent quarter included non-cash impairment charges of $17.1 million resulting...

Concurrent Signs Master Purchase Agreement with Cogeco Cable

VOD technology provider, Concurrent, said Monday that Canada's second-largest MSO, Cogeco Cable, an existing Concurrent customer, has signed a master purchase agreement designating the company as the preferred provider of video technology for its VOD service in all its Canadian markets. According to Concurrent, the multi-year deal supports expansion of and upgrades to Cogeco's existing VOD platform, and makes it possible for the MSO to offer a range of new services to its 400,000 digital...

Concurrent Names David King Chief Marketing Officer

Elects Krish Panu to its Board of Directors
VOD technology provider, Concurrent, has appointed David King to the newly created position of chief marketing officer. He will be responsible for all aspects of the company's global corporate marketing strategy, strategic alliances and channel partnerships, and will report directly to its recently appointed president and CEO, Dan Mondor. King was previously VP of global marketing at NEC, where he oversaw all global marketing and public relations activities for the overseas business units of the...

Concurrent Teams with BIAP, Invidi, This Technology for ITV Advertising

Adds Tiered Asset Management to its MediaHawk Video Servers
Concurrent says it has successfully integrated its Myriad line of advance advertising products with systems from BIAP, Invidi and This Technology, in order to develop advanced advertising solutions based on the SCTE-130 and EBIF standards. The four companies, which are currently working on solutions that enable such advanced advertising functionality as targeted VOD ad insertion, bumpering, telescoping and reporting, say that over the coming year they will collaborate on product interoperability and integration, and pursue...

Concurrent Names David King Chief Marketing Officer

--Elects Krish Panu to its Board of Directors VOD technology provider, Concurrent, has appointed David King to the newly created position of chief marketing officer. He will be responsible for all aspects of the company's global corporate marketing strategy, strategic alliances and channel partnerships, and will report directly to its recently appointed president and CEO, Dan Mondor. King was previously VP of global marketing at NEC, where he oversaw all global marketing and public relations...

Concurrent Names Emory Berry CFO and EVP of Operations

Concurrent Reports Lower Revenues, Higher Losses for Fiscal Q4

VOD technology provider, Concurrent, has released financial results for its fiscal fourth quarter and year, ended June 30th: Overall Q4 revenues totaled $17.6 million, compared to $21.1 million for the year-ago quarter and $19.4 million for the preceding quarter. Q4 revenues from the company's VOD product line totaled $10.1 million, compared to $14 million for the year-ago quarter and $12.1 million for the preceding quarter. Q4 net losses totaled $1 million, or $0.12 per fully...

Concurrent Powers VOD for ZON TV Cabo, Chunghwa Telecom

VOD technology provider, Concurrent, says that Portugal's largest cable operator, ZON TV Cabo, has chosen its flagship MediaHawk Content Delivery System to power its expanded VOD service. The expanded service is scheduled to launch in Lisbon and Porto in the fourth quarter. "Concurrent's innovative technology, exemplified by the unique resilient streaming feature, was one of many reasons we chose Concurrent's MediaHawk 4500," Andre Almeida, ZON TV Cabo's head of product development, said in a prepared...

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