Concurrent Technologies Share News (CNC)

Concurrent Technologies launches VME single board computer Rhea

(Alliance News) - Concurrent Technologies PLC on Tuesday launched virtual machine environment single board computer Rhea, which it described as a further addition to its VME range of embedded processor boards.

Concurrent Technologies unveils new VME processor board

(Sharecast News) - Concurrent Technologies unveiled the latest addition to its VME range of embedded processor boards on Tuesday, dubbed 'Rhea'.

Sunday share tips: Concurrent Technologies, Mpac

(Sharecast News) - The Financial Mail on Sunday's Midas column touted shares of Concurrent Technologies to readers, arguing that the company was in the right spot and at the right time.

IN BRIEF: Concurrent expects revenue hike in "outstanding year"

Concurrent Technologies PLC - Essex, England-based computer board manufacturer - Expects revenue for 2023 to be 5% ahead of Cavendish Capital Markets Ltd expectations of GBP29.5 million, based on its unaudited management accounts. Says adjusted pretax profit will also come up "slightly ahead" of Cavendish's GBP3.5 million expectations. This would make 2023 a "record year" for Concurrent, with revenue increasing from GBP18.3 million in 2022.

Concurrent Technolgies secures £2.2m air defence contract

(Sharecast News) - Concurrent Technologies announced a contract worth £2.2m on Thursday for supplying VME processor boards to a significant multinational European defence prime contractor for integration into air defence systems.

IN BRIEF: Concurrent Technologies wins GBP2 million contract

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards - Secures a GBP2.2 million contract to supply an unnamed "major multi-national European defence prime contractor" with VME Processor Boards for deployment in air-defence systems. Says the contract will be fulfilled over the next five years. "The multi-year contract with a flagship client highlights the potential of the company's current generation VME boards in a substantial market," it adds.

EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

EARNINGS AND TRADING: MetalNRG hails Gold Ridge findings

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Zoo Digital expects revenue drop on Hollywood strikes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

EARNINGS: accesso Tech turns to loss on costs; DP Eurasia hails Turkey

(Alliance News) - The following is a round-up of earnings of London-listed companies, issued on Tuesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

Concurrent Technologies sews up USD3.4 million Phillips Aerospace deal

(Alliance News) - Concurrent Technologies PLC on Wednesday said it completed the acquisition of Philips Machine & Welding Company Inc, or Phillips Aerospace, for around USD3.4 million.

Concurrent Technologies buys Phillips Aerospace form $3.38m

(Sharecast News) - Concurrent Technologies announced the successful acquisition of Phillips Aerospace on Wednesday, in a deal valued at $3.38m.

IN BRIEF: Concurrent Technologies retail share offer oversubscribed

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards - Raises GBP300,000 from retail offer of new shares at 65 pence each. The 461,538 shares taken up by retail investors is added to 10.0 million placing shares, which raised GBP6.5 million at the same price. The fund raise was conducted to support a conditional agreement to buy Phillips Machine & Welding Co Inc for USD3.4 million, which Concurrent had announced last week. The company also will issue 1.8 million in consideration shares for the purchase, bringing total new shares to 12.3 million. As the retail offer was oversubscribed, existing shareholders received 67% of their application.

UK shareholder meetings calendar - next 7 days