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The latest announcement is out from Concurrent Technologies ( (GB:CNC) ).
Concurrent Technologies Plc announced a $3.33 million order from a US defence contractor for their VME standard product computer boards, indicating significant long-term commitments in the US market. This order underscores the company’s strategy to support older systems with backward-compatible technology, reflecting the value customers place on their technical approach and commitment to long-term support.
More about Concurrent Technologies
Concurrent Technologies Plc develops and manufactures high-end embedded plug-in cards and systems for high-performance applications in telecommunications, defence, security, telemetry, scientific and aerospace markets. Their products, featuring Intel® processors, are compliant with industry specifications and support many leading embedded operating systems, sold globally.
YTD Price Performance: 70.15%
Average Trading Volume: 239,389
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £117.1M
For an in-depth examination of CNC stock, go to TipRanks’ Stock Analysis page.
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