Concurrent Computer Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported revenue of $14,981,000 compared with $15,456,000 for the same period in fiscal 2016. Operating loss was $1,573,000 compared with $1,910,000 a year ago. Loss before income taxes was $1,516,000 against $1,618,000 a year ago. Net loss was $1,658,000 compared with $1,176,000 a year ago. Basic and diluted loss per share was $0.18 compared with $0.13 a year ago. Non-GAAP Adjusted LBITDA was $1,007,000 compared with $1,322,000 a year ago. The company did generate cash from operations of $0.6 million during the third quarter.

For the nine months, the company reported revenue of $43,644,000 compared with $43,706,000 for the same period in fiscal 2016. Operating loss was $4,564,000 compared with profit of $696,000 a year ago. Loss before income taxes was $4,301,000 against profit of $1,144,000 a year ago. Net loss was $4,674,000 compared with profit of $1,748,000 a year ago. Basic and diluted loss per share was $0.51 compared with earnings per share were $0.19 a year ago. Non-GAAP Adjusted LBITDA was $2,527,000 compared with $1,589,000 a year ago.

Due to the sale of the Real-Time business segment, the company has withdrawn its previously provided fiscal 2017 annual guidance.