Concurrent Technologies jumps on upbeat forecast

Shares in computer essentials maker Concurrent Technologies up 14.9% at 66.94 pence.

The company expects to post FY revenues slightly ahead of current market expectations and profit before tax (PBT) materially ahead of estimates.

“Global supply chain shortages continued to suppress revenues in H1 FY23… whilst supply chains have not returned to historical norms, they are much more favourable and continue to improve”

For H1 ended June 30, the company expects to post PBT of 1 million pounds on revenue of 12 million pounds, both higher than same period last year.

Concurrent Technologies plc (LON:CNC) designs and manufactures a range of computing products for use in critical embedded applications. The Company was established in 1985 with the majority of products being high performance Single Board Computers (SBC’s) based on Intel^® CPU technology.

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Concurrent Technologies

Concurrent Technologies completes acquisition of Phillips Aerospace

6th September 2023

Concurrent Technologies plc (LON:CNC) a world-leading specialist in the design and manufacture of high-end embedded computer solutions for critical applications, has announced that it has completed the acquisition of Phillips Aerospace, a designer and manufacturer of

Concurrent Technologies delivers new VPX plug-in card variant

8th August 2023

Concurrent Technologies plc (LON:CNC), a global specialist in the design, development and manufacture of leading-edge embedded computer solutions for critical applications, has announced that it has engineered and now shipped, a new version of a flagship

Visit Concurrent Technologies at DSEI 2023

2nd August 2023

Join Concurrent Technologies Plc in Hall 2, Stand H2 – 913, at the ExCeL London Exhibition Centre from 12th-15th September, and discover more about their latest range of embedded solutions, systems, and services. DSEI 2023, in the most significant

Concurrent posts record first half revenues

25th July 2023

Essex based Concurrent Technologies Plc, which designs and makes high-end embedded computer systems and boards for critical applications, has increased revenues and pre-tax profits in the six months to June 30. Based on its unaudited management

Concurrent Technologies CEO on transitioning into a period of growth (LON:CNC)

17th July 2023

Concurrent Technologies’ Miles Adcock discuss why FY22 results were delayed, 2022 overview, increased FY23 expectations and what we can expect beyond 2023 in this exclusive interview with DirectorsTalk.

Concurrent Technologies expects to report record first half revenues

17th July 2023

Concurrent Technologies Plc (LON:CNC), a world-leading specialist in the design and manufacture of high-end embedded computer systems and boards for critical applications, has announced a trading update for the six months to 30 June 2023. Based

Helios – Rugged Vision System

13th July 2023

Helios demonstrates Concurrent Technologies’ expertise and commitment to providing a range of ruggedized system solutions with an optimal Size, Weight, Power and Cost (SWaP-C) envelope that operate reliably in challenging environments. This ruggedized vision computer system

Concurrent Technologies CEO & CFO webinar

5th July 2023

Concurrent Technologies plc (LON:CNC) designs and manufactures a range of computing products for use in critical embedded applications. The Company was established in 1985 with the majority of products being high performance Single Board Computers (SBC’s)

Concurrent Technologies record order intake, substantial growth going forward (VIDEO)

5th July 2023

Concurrent Technologies plc (LON:CNC) CEO Miles Adcock join DirectorsTalk Interviews to discuss results for the year to 31 December 2022. Miles explains why the results took so long to publish, gives us an overview of 2022, explains

Concurrent Technologies revenue ahead of market expectations

30th June 2023

Concurrent Technologies Plc (LON:CNC), a world leading specialist in high-end embedded computer products for critical applications, has announced its results for the year to 31 December 2022. Financial Highlights The global components shortage continued to constrain financial performance,

Concurrent Technologies new SOC-e distributor agreement

27th June 2023

Concurrent Technologies has signed a distribution agreement with SoC-e, an internationally recognized provider of advanced equipment for real-time, high-availability Deterministic Ethernet networking for critical sectors. This significant distribution agreement enables Concurrent Technologies to offer SoC-e’s Relyum

Concurrent Technologies’ significant embedded systems contract

20th June 2023

Concurrent Technologies, a world-leading specialist in the design and manufacture of high-end embedded computer and system-orientated solutions for critical applications, announces that it has secured a contract with a UK FTSE 250 company to supply a

Concurrent Technologies CEO on the significance of a FTSE 250 contract win (LON:CNC)

20th June 2023

Concurrent Technologies’ Miles Adcock discusses their new contract win with a FTSE 250 company in this exclusive interview with DirectorsTalk.

Concurrent Technologies confident in delivering a significant increase in revenue over FY22

19th June 2023

Concurrent Technologies Plc (LON:CNC), a world-leading specialist in the design and manufacture of high-end embedded computer systems and boards for critical applications, has provided a further update on the timetable for publication of the Company’s full

Concurrent Technologies secures major contract and active pipeline (VIDEO)

15th June 2023

Concurrent Technologies plc (LON:CNC) CEO Miles Adcock joins DirectorsTalk Interviews to discuss a contract win with a UK FTSE 250 company to supply a custom set of embedded systems for a national defence installation. In this interview with Concurrent

Concurrent Technologies secures significant embedded systems contract

14th June 2023

Concurrent Technologies announced that it has secured a contract with a UK FTSE 250 company to supply a custom set of embedded systems for a national defence installation. The contract, valued at c.£1.25 million, marks a

Concurrent Technologies lands first substantial Systems contract

12th June 2023

Concurrent Technologies, (LON:CNC) a world-leading specialist in the design and manufacture of high-end embedded computer and system-orientated solutions for critical applications, has announced that it has secured a contract with a UK FTSE 250 company to supply a

Concurrent Technologies expands portfolio with distribution agreement with SoC-e

7th June 2023

Concurrent Technologies plc (LON:CNC) a world-leading specialist in the design and manufacture of high-end embedded computer solutions and systems for critical applications, has announced it has signed a distribution agreement with SoC-e, an internationally recognised provider

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