UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                 --------------


                                    FORM 10-Q


       (Mark One)

            X    Quarterly Report Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934

                    For the Quarterly Period Ended September 30, 2003

                                           or

                 Transition Report Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

                      For the Transition Period from ____ to ____


                          Commission File No. 0-13150
                                  _____________

                         CONCURRENT COMPUTER CORPORATION
             (Exact name of registrant as specified in its charter)

                     Delaware                          04-2735766
             (State of Incorporation)      (I.R.S. Employer Identification No.)


                   4375 River Green Parkway, Duluth, GA  30096
                    (Address of principal executive offices)

                            Telephone: (678) 258-4000
              (Registrant's telephone number, including area code)


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12  months  (or  for such shorter period that the Registrant was
required  to  file  such  reports),  and  (2)  has  been  subject to such filing
requirements  for  the  past  90  days.

                                  Yes  X  No
                                      ---    ---

Indicate  by  a  check  mark  whether the registrant is an accelerated filer (as
defined  in  Rule  12b-2  of  the  Exchange  Act).

                                  Yes  X  No
                                      ---    ---

Number  of  shares  of the Registrant's Common Stock, par value $0.01 per share,
outstanding  as  of  November  12,  2003  was  62,337,025.


<PAGE>
<TABLE>
<CAPTION>
PART I FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                         CONCURRENT COMPUTER CORPORATION
           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
                (DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)


                                                THREE MONTHS ENDED
                                                   SEPTEMBER 30,
                                                  2003      2002
                                                --------  --------
<S>                                             <C>       <C>
Revenues:
    Product
        Real-time systems                       $ 4,394   $ 4,092
        VOD systems                               9,147    12,449
                                                --------  --------
            Total product revenues               13,541    16,541

    Service
        Real-time systems                         4,146     4,678
        VOD systems                               1,215       922
                                                --------  --------
            Total service revenues                5,361     5,600
                                                --------  --------
            Total revenues                       18,902    22,141

Cost of sales:
    Product
        Real-time systems                         1,356     1,776
        VOD systems                               3,657     5,241
                                                --------  --------
            Total product cost of sales           5,013     7,017

    Service
        Real-time systems                         2,184     2,607
        VOD systems                                 755       660
                                                --------  --------
            Total service cost of sales           2,939     3,267
                                                --------  --------
            Total cost of sales                   7,952    10,284
                                                --------  --------
Gross margin                                     10,950    11,857

Operating expenses:
    Sales and marketing                           4,080     4,404
    Research and development                      4,668     4,447
    General and administrative                    2,169     2,328
                                                --------  --------
            Total operating expenses             10,917    11,179
                                                --------  --------

Operating income                                     33       678

Recovery of previously recognized
    impairment loss                               1,060         -
Interest income - net                                60       196
Other expense - net                                (134)      (47)
                                                --------  --------

Income before income taxes                        1,019       827

Provision for income taxes                          407       207
                                                --------  --------

Net income                                      $   612   $   620
                                                ========  ========

Net income per share
            Basic                               $  0.01   $  0.01
                                                ========  ========
            Diluted                             $  0.01   $  0.01
                                                ========  ========
            Basic average shares outstanding     62,085    61,860
                                                ========  ========
            Diluted average shares outstanding   62,722    62,368
                                                ========  ========
</TABLE>

    The accompanying notes are an integral part of the condensed consolidated
                              financial statements.


                                      -1-
<PAGE>
<TABLE>
<CAPTION>
                         CONCURRENT COMPUTER CORPORATION
                CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
                             (DOLLARS IN THOUSANDS)


                                                SEPTEMBER 30,    JUNE 30,
                                                    2003           2003
                                               ---------------  ----------
<S>                                            <C>              <C>
                           ASSETS
Current assets:
    Cash and cash equivalents                  $       25,181   $  30,697
    Accounts receivable - net                          13,335      10,371
    Inventories                                         6,483       7,174
    Deferred tax asset                                    998         998
    Prepaid expenses and other current assets           1,597         879
                                               ---------------  ----------
        Total current assets                           47,594      50,119

Property, plant and equipment - net                    11,806      11,862
Purchased developed computer software - net             1,156       1,203
Goodwill                                               10,744      10,744
Investment in minority owned company                      553         553
Deferred tax asset                                      1,749       1,749
Other long-term assets - net                            1,464       1,609
                                               ---------------  ----------
        Total assets                           $       75,066   $  77,839
                                               ===============  ==========

               LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
    Accounts payable and accrued expenses      $       11,147   $  14,644
    Deferred revenue                                    5,556       5,433
                                               ---------------  ----------
        Total current liabilities                      16,703      20,077

Long-term liabilities:
    Deferred revenue                                    2,562       2,212
    Deferred tax liability                              1,960       2,107
    Pension liability                                   9,842       9,617
    Other                                                 438         368
                                               ---------------  ----------
        Total liabilities                              31,505      34,381

Stockholders' equity:
    Common stock                                          623         623
    Capital in excess of par value                    173,717     174,396
    Accumulated deficit                              (122,317)   (122,929)
    Treasury stock                                        (58)        (58)
    Unearned compensation                                (491)       (576)
    Accumulated other comprehensive loss               (7,913)     (7,998)
                                               ---------------  ----------
        Total stockholders' equity                     43,561      43,458
                                               ---------------  ----------

Total liabilities and stockholders' equity     $       75,066   $  77,839
                                               ===============  ==========
</TABLE>

    The accompanying notes are an integral part of the condensed consolidated
                              financial statements.


                                      -2-
<PAGE>
<TABLE>
<CAPTION>
                         CONCURRENT COMPUTER CORPORATION
           CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
                             (DOLLARS IN THOUSANDS)

                                                        THREE MONTHS ENDED
                                                           SEPTEMBER 30,
                                                          2003      2002
                                                        --------  --------
<S>                                                     <C>       <C>
OPERATING ACTIVITIES
Net income                                              $   612   $   620
Adjustments to reconcile net income to net
    cash provided by (used in) operating activities:
      Reduction in accrual of non-cash warrants            (970)      (54)
      Depreciation and amortization                       1,257     1,183
      Other non cash expenses                               559       289
      Changes in operating assets and liabilities:
        Accounts receivable                              (2,653)    5,405
        Inventories                                         230        66
        Prepaid expenses and other current assets          (718)   (1,210)
        Other long-term assets                              144         6
        Accounts payable and accrued expenses            (3,497)   (3,415)
        Deferred revenue                                    473       276
        Pension liability                                   225       244
                                                        --------  --------
      Total adjustments to net income                    (4,950)    2,790
                                                        --------  --------
Net cash provided by (used in) operating activities      (4,338)    3,410

INVESTING ACTIVITIES
    Net additions to property, plant and equipment       (1,198)   (1,533)
    Note receivable from minority owned company               -    (3,000)
    Other                                                     -       (29)
                                                        --------  --------
Net cash used in investing activities                    (1,198)   (4,562)

FINANCING ACTIVITIES
    Net repayment of capital lease obligation               (22)      (21)
    Proceeds from sale and issuance of common stock           8         4
                                                        --------  --------
Net cash used in financing activities                       (14)      (17)

Effect of exchange rates on cash and cash equivalents        34      (226)
                                                        --------  --------

Decrease in cash and cash equivalents                    (5,516)   (1,395)
Cash and cash equivalents at beginning of period         30,697    30,519
                                                        --------  --------
Cash and cash equivalents at end of period              $25,181   $29,124
                                                        ========  ========

Cash paid during the period for:
    Interest                                            $     3   $     5
                                                        ========  ========
    Income taxes (net of refunds)                       $    78   $    56
                                                        ========  ========
</TABLE>

     The accompanying notes are an integral part of the condensed consolidated
                              financial statements.


                                      -3-
<PAGE>
                         CONCURRENT COMPUTER CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1.   OVERVIEW OF BUSINESS AND BASIS OF PRESENTATION

     Concurrent  Computer  Corporation  ("Concurrent"  or  the  "Company")  is a
leading  supplier  of  high-performance computer systems, software, and services
and  operates  in  two  segments, the Video-On-Demand ("VOD") division, Xstreme,
located  in  Duluth,  Georgia,  and the Integrated Solutions division located in
Fort  Lauderdale,  Florida.  Concurrent  also  provides  sales  and support from
offices  and subsidiaries throughout North America, Europe, Asia, and Australia.

     Concurrent's  Xstreme  division provides VOD systems consisting of hardware
and  software  as  well  as integration services, primarily to residential cable
companies  that  have  upgraded  their  networks to support interactive, digital
services.  Concurrent's Integrated Solutions division provides high-performance,
real-time  computer  systems  to  commercial and government customers for use in
applications  such  as  simulation  and  data  acquisition.

     The  condensed, consolidated interim financial statements of Concurrent are
unaudited  and  reflect  all  adjustments  (consisting  of only normal recurring
adjustments)  necessary for a fair statement of Concurrent's financial position,
results of operations and cash flows at the dates and for the periods indicated.
These  financial statements should be read in conjunction with the Annual Report
on  Form  10-K for the year ended June 30, 2003.  There have been no significant
changes to Concurrent's Accounting Policies as disclosed in the Annual Report on
Form 10-K for the year ended June 30, 2003.  Certain reclassifications have been
made  to  prior year amounts to conform with the current year presentation.  The
results reported in these condensed, consolidated quarterly financial statements
should not be regarded as necessarily indicative of results that may be expected
for  the  entire  year.


2.   BASIC AND DILUTED NET INCOME PER SHARE

     Basic  net  income  per  share  is  computed  by dividing net income by the
weighted  average  number  of  common  shares  outstanding  during  each period.
Diluted  net income per share is computed by dividing net income by the weighted
average number of shares including dilutive common share equivalents.  Under the
treasury  stock method, incremental shares representing the number of additional
common  shares that would have been outstanding if the dilutive potential common
shares  had  been  issued  are  included  in  the  computation.  Common  share
equivalents  of  5,635,000  and  4,509,000  for  the  three  month periods ended
September 30, 2003 and 2002, respectively, were excluded from the calculation as
their effect was antidilutive.  The following table presents a reconciliation of
the  numerators  and  denominators of basic and diluted net income per share for
the  periods  indicated:

<TABLE>
<CAPTION>
                                        (IN THOUSANDS, EXCEPT PER SHARE DATA)

                                        THREE MONTHS ENDED  THREE MONTHS ENDED
                                        SEPTEMBER 30, 2003  SEPTEMBER 30, 2002
                                         -----------------  -----------------
                                          BASIC   DILUTED    BASIC   DILUTED
                                         -------  --------  -------  --------
<S>                                      <C>      <C>       <C>      <C>

Average outstanding shares                62,085    62,085   61,860    61,860
Dilutive effect of options and warrants        -       637        -       508
                                         -------  --------  -------  --------
Equivalent shares                         62,085    62,722   61,860    62,368
                                         =======  ========  =======  ========

Net income                               $   612  $    612  $   620  $    620
                                         =======  ========  =======  ========
Net income per share                     $  0.01  $   0.01  $  0.01  $   0.01
                                         =======  ========  =======  ========
</TABLE>


                                      -4-
<PAGE>
3.   STOCK-BASED  COMPENSATION

     At  September  30,  2003,  Concurrent had stock-based employee compensation
plans  which  are described in Note 15 in our annual report on Form 10-K for the
year  ended  June  30,  2003.  The  Company  accounts  for these plans under the
recognition  and  measurement  principles of Accounting Principles Board Opinion
No. 25, "Accounting for Stock Issued to Employees," and related interpretations.
For the quarter ended September 30, 2003, Concurrent recognized $32,000 of stock
compensation  expense  for the issuance of restricted stock awards.  There is no
other  stock-based employee compensation expense reflected in net income for the
quarter  ended  September  30,  2003.  For the quarter ended September 30, 2002,
there  was no stock-based employee compensation expense reflected in net income,
as  all  options  granted had an exercise price equal to the market value of the
underlying  stock  on  the  grant  date.

     In accordance with Statement of Financial Accounting Standards ("SFAS") No.
148,  "Accounting  for Stock Based Compensation - Transition and Disclosure - An
Amendment of FASB Statement No. 123," the following table illustrates the effect
on  net  income  (loss) and earnings (loss) per share if the Company had applied
the  fair  value  recognition  provisions  of  SFAS  No.  123,  "Accounting  for
Stock-Based  Compensation",  to  stock-based  employee  compensation:

<TABLE>
<CAPTION>
                                              (IN THOUSANDS, EXCEPT PER SHARE DATA)

                                                         THREE MONTHS ENDED
                                                           SEPTEMBER 30,
                                                           2003      2002
                                                         --------  --------
<S>                                                      <C>       <C>
Net income as reported                                   $   612   $   620

    Deduct: Total stock-based employee compensation
        expense determined under the fair value method,
        net of related taxes                              (1,057)   (1,919)
                                                         --------  --------

    Pro forma net loss                                   $  (445)  $(1,299)
                                                         ========  ========
Earnings (loss) per share
    Basic-as reported                                    $  0.01   $  0.01
                                                         ========  ========
    Basic-pro forma                                      $ (0.01)  $ (0.02)
                                                         ========  ========
    Diluted-as reported                                  $  0.01   $  0.01
                                                         ========  ========
    Diluted-pro forma                                    $ (0.01)  $ (0.02)
                                                         ========  ========
</TABLE>


4.   REVENUE  RECOGNITION  AND  RELATED  MATTERS

     VOD  and  real-time system revenues are recognized based on the guidance in
American Institute of Certified Public Accountants Statement of Position ("SOP")
97-2,  "Software  Revenue  Recognition" ("SOP 97-2") and related amendments, SOP
98-4,  "Deferral  of  the  Effective  Date  of a Provision of SOP 97-2, Software
Revenue  Recognition"  and SOP 98-9, "Modification of SOP 97-2, Software Revenue
Recognition,  With  Respect  to  Certain  Transactions."  Concurrent  recognizes
revenue  from  VOD  and  real-time  systems  when  persuasive  evidence  of  an
arrangement  exists,  the  system  has  been  shipped,  the  fee  is  fixed  or
determinable  and collectibility of the fee is probable.  Under multiple element
arrangements,  Concurrent  allocates  revenue  to  the various elements based on
vendor-specific objective evidence ("VSOE") of fair value.  Concurrent's VSOE of
fair  value  is  determined  based on the price charged when the same element is
sold separately.  If evidence of fair value does not exist for all elements in a
multiple  arrangement,  Concurrent recognizes revenue using the residual method.
Under  the  residual  method,  the  fair  value  of  the undelivered elements is
deferred  and the remaining portion of the arrangement is recognized as revenue.


                                      -5-
<PAGE>
5.   INVENTORIES

     Inventories  are  valued  at  the  lower of cost or market, with cost being
determined  by  using  the  first-in,  first-out  method.  The  components  of
inventories  are  as  follows:

<TABLE>
<CAPTION>
                          (DOLLARS IN THOUSANDS)

                          SEPTEMBER 30,   JUNE 30,
                              2003         2003
                         --------------  ---------
<S>                      <C>             <C>
     Raw materials, net  $        4,634  $   5,933
     Work-in-process              1,499      1,024
     Finished goods                 350        217
                         --------------  ---------
                         $        6,483  $   7,174
                         ==============  =========
</TABLE>


6.   INVESTMENTS  IN  AND  RECEIVABLE  FROM  MINORITY  OWNED  COMPANIES

     In  March  2002,  Concurrent purchased a 14.4% equity ownership interest in
Thirdspace  Living  Limited ("Thirdspace").  Thirdspace is a closely held United
Kingdom  global  software  services  corporation  that  offered  interactive and
on-demand  television  solutions  for  digital subscriber line ("DSL") and other
broadband  networks.  Concurrent  invested cash of $4 million and issued 291,461
shares  of  its  common  stock  (valued  at  $10.29  per  share) in exchange for
1,220,601  series  C  shares  of Thirdspace, giving Concurrent a 14.4% ownership
interest  in  all shares outstanding as of the investment date.  As part of this
transaction,  Concurrent  capitalized  approximately  $300,000  in  various
transaction costs and as a result, the total equity investment in Thirdspace was
$7.3  million.  This  investment  was  accounted  for  under  the cost method of
accounting.

     In  addition  to  the  equity investment, Concurrent also loaned Thirdspace
$6.0  million  in  exchange  for  two  $3.0  million long-term convertible notes
receivable.

     In  the  third  and fourth quarters of fiscal 2003, Concurrent recorded, in
the  aggregate,  a  $13.0  million  net  impairment  charge due to an other than
temporary  decline  in  the  market value of the investment in Thirdspace, which
included  a  $6.1  million  charge  for  the write-off of two $3.0 million notes
receivable  and  related  accrued interest. The impairment of the investment and
write-off  of  the  related notes receivable and accrued interest was based upon
Thirdspace's  deteriorating  financial condition and actual performance relative
to expected performance, the status of Thirdspace's capital raising initiatives,
the  market  conditions of the telecommunications sector, the uncertainty of the
collectibility  of  the  notes, the state of the overall economy and the reduced
market  value  of  Thirdspace.  In May 2003, Thirdspace sold the majority of its
assets  to Alcatel Telecom Ltd. As a result of the sale of these certain assets,
Concurrent  received $471,000 in proceeds, net of legal costs of $75,000, and an
additional  $275,000 was placed in escrow for the benefit of Concurrent, pending
resolution  of  certain  outstanding  items.  In return for these proceeds and a
perpetual,  royalty-free  license  to  the  patents  and  patent  applications
previously owned by Thirdspace, Concurrent relinquished its security interest in
the  intellectual  assets  of  Thirdspace;  however,  Concurrent still remains a
secured  party  to  all  other  assets  retained  by  Thirdspace.

     In  the  quarter  ended  September  30,  2003, the majority of Thirdspace's
remaining  assets were sold and as a result, Concurrent received $1.1 million in
additional  proceeds  and  recorded  the  proceeds in the line item "Recovery of
previously  recognized impairment loss" in the Condensed Consolidated Statements
of  Operations.  As of September 30, 2003, uncertainty remained as to the amount
and  timing of receipt of additional proceeds as a result of further liquidation
of  Thirdspace's  remaining  assets.

     In April 2002, Concurrent invested cash of $500,000 in Everstream Holdings,
Inc.  ("Everstream")  in exchange for 480,770 shares of Series C Preferred stock
giving  Concurrent  a  4.9%  ownership interest.  Everstream is a privately held
company  specializing in broadband advertising systems, software, infrastructure
and  related  integration services.  Concurrent is accounting for its investment
in  the  Series  C  Preferred  stock  of  Everstream  using  the cost method, as
Concurrent  does  not  believe it exercises significant influence on Everstream.
This  investment  is  reviewed quarterly for impairment, and as of September 30,
2003,  there  has  been  no  impairment  of  the  Everstream  investment.


                                      -6-
<PAGE>
     All  of  Concurrent's  equity  investments and related notes receivable are
reviewed  for  impairment  on  a  quarterly  basis in accordance with Accounting
Principles  Board  Opinion  No.  18,  "The  Equity  Method  of  Accounting  for
Investments  in  Common Stock" and SFAS 115, "Accounting for Certain Investments
in  Debt  and  Equity  Securities,"  respectively.


7.   RESTRUCTURING  ACTIVITIES

     During  the  fourth  quarter  of  fiscal  2003,  Concurrent  implemented  a
restructuring plan to realign resources to focus on more strategic and immediate
growth  opportunities  and  to  align  the Company's cost structure with revenue
projections.  As  part  of  the  restructuring  plan,  Concurrent  terminated
approximately  7%  of  its  global workforce and reduced office space in certain
international locations.  The restructuring plan was accounted for in accordance
with  SFAS  No.  146,  "Accounting  for  Costs  Associated with Exit or Disposal
Activities."  The  activities related to this restructuring plan for the quarter
ended  September  30,  2003  were  as  follows:

<TABLE>
<CAPTION>
                                                        (DOLLARS IN THOUSANDS)

                                                                 LEASE
                                                  WORKFORCE   TERMINATIONS
                                                  REDUCTION     AND OTHER    TOTAL
                                                  ----------  -------------  ------
<S>                                               <C>         <C>            <C>

     Restructuring accrual at June 30, 2003       $      866  $         223  $1,089
     Cash payments                                       411            129     540
                                                  ----------  -------------  ------
     Restructuring accrual at September 30, 2003  $      455  $          94  $  549
                                                  ==========  =============  ======
</TABLE>


8.   ACCOUNTS  PAYABLE  AND  ACCRUED  EXPENSES

     The  components  of  accounts  payable and accrued expenses are as follows:

<TABLE>
<CAPTION>
                                    (DOLLARS  IN  THOUSANDS)

                                     SEPTEMBER 30,   JUNE 30,
                                         2003         2003
                                    --------------  ---------
<S>                                 <C>             <C>
     Accounts payable, trade        $        2,900  $   4,138
     Accrued payroll, vacation and
       other employee expenses               3,838      4,760
     Warranty accrual                        1,429      2,131
     Restructuring accrual                     549      1,089
     Other accrued expenses                  2,431      2,526
                                    --------------  ---------
                                    $       11,147  $  14,644
                                    ==============  =========
</TABLE>


                                      -7-
<PAGE>
9.   COMPREHENSIVE  INCOME

     Concurrent's total comprehensive income (loss) is as follows:

<TABLE>
<CAPTION>
                                              (DOLLARS IN THOUSANDS)

                                                THREE MONTHS ENDED
                                                   SEPTEMBER 30,
                                                   2003    2002
                                                   -----  ------
<S>                                                <C>    <C>
     Net income                                    $ 612  $ 620

     Other comprehensive income (loss):
       Foreign currency translation income (loss)     85   (218)
                                                   -----  ------

     Total comprehensive income                    $ 697  $ 402
                                                   =====  ======
</TABLE>

10.   SEGMENT  INFORMATION

     Concurrent  operates its business in two segments: Integrated Solutions and
Xstreme.  Concurrent's  Integrated  Solutions  division is a leading provider of
high-performance,  real-time  computer  systems,  solutions  and  software  for
commercial  and  government  markets  focusing  on  strategic  market areas that
include  hardware-in-the-loop  and man-in-the-loop simulation, data acquisition,
industrial  systems,  and  software  and  embedded  applications.  Concurrent's
Xstreme  division  is  a leading supplier of interactive digital video streaming
systems primarily to the broadband cable television market.  Shared expenses are
primarily  allocated  based  on  either  revenues or headcount.  Corporate costs
include  costs  related  to  the  offices  of the Chief Executive Officer, Chief
Financial  Officer,  General  Counsel,  Investor  Relations, Human Resources and
other  administrative  costs  including  annual  audit and tax fees, legal fees,
Board  of  Directors  fees  and  similar  costs.


                                      -8-
<PAGE>
The  following  summarizes  the operating income (loss) by segment for the three
month  periods  ended  September  30, 2003 and September 30, 2002, respectively:

<TABLE>
<CAPTION>
                                                                    (DOLLARS IN THOUSANDS)

                                                           THREE MONTHS ENDED SEPTEMBER 30, 2003
                                                                         (UNAUDITED)
                                                       ---------------------------------------------
                                                       INTEGRATED
                                                        SOLUTIONS    XSTREME     CORPORATE    TOTAL
                                                       -----------  ----------  -----------  -------
<S>                                                    <C>          <C>         <C>          <C>
Revenues:
    Product                                            $     4,394  $    9,147  $        -   $13,541
    Service                                                  4,146       1,215           -     5,361
                                                       -----------  ----------  -----------  -------
       Total                                                 8,540      10,362           -    18,902

Cost of sales:
    Product                                                  1,356       3,657           -     5,013
    Service                                                  2,184         755           -     2,939
                                                       -----------  ----------  -----------  -------
       Total                                                 3,540       4,412           -     7,952
                                                       -----------  ----------  -----------  -------

Gross margin                                                 5,000       5,950           -    10,950

Operating expenses:
    Sales and marketing                                      1,807       2,156         117     4,080
    Research and development                                 1,482       3,186           -     4,668
    General and administrative                                 419         173       1,577     2,169
                                                       -----------  ----------  -----------  -------
       Total operating expenses                              3,708       5,515       1,694    10,917
                                                       -----------  ----------  -----------  -------

Operating income (loss)                                $     1,292  $      435  $   (1,694)  $    33
                                                       ===========  ==========  ===========  =======

                                                           THREE MONTHS ENDED SEPTEMBER 30, 2002
                                                                         (UNAUDITED)
                                                       ---------------------------------------------
                                                       INTEGRATED
                                                        SOLUTIONS    XSTREME     CORPORATE    TOTAL
                                                       -----------  ----------  -----------  -------
Revenues:
    Product                                            $     4,092  $   12,449  $        -   $16,541
    Service                                                  4,678         922           -     5,600
                                                       -----------  ----------  -----------  -------
       Total                                                 8,770      13,371           -    22,141

Cost of sales:
    Product                                                  1,776       5,241           -     7,017
    Service                                                  2,607         660           -     3,267
                                                       -----------  ----------  -----------  -------
       Total                                                 4,383       5,901           -    10,284
                                                       -----------  ----------  -----------  -------

Gross margin                                                 4,387       7,470           -    11,857

Operating expenses:
    Sales and marketing                                      1,844       2,404         156     4,404
    Research and development                                 1,399       3,048           -     4,447
    General and administrative                                 429         563       1,336     2,328
                                                       -----------  ----------  -----------  -------
       Total operating expenses                              3,672       6,015       1,492    11,179
                                                       -----------  ----------  -----------  -------

Operating income (loss)                                $       715  $    1,455  $   (1,492)  $   678
                                                       ===========  ==========  ===========  =======
</TABLE>


                                      -9-
<PAGE>
11.   ISSUANCE  AND  ACCRUAL  OF  NON-CASH  WARRANTS

Comcast  Cable  Communications,  Inc.  Warrants

     On March 29, 2001, Concurrent entered into a three-year definitive purchase
agreement with Comcast Cable Communications, Inc., or Comcast, providing for the
purchase of VOD equipment. As part of that agreement, Concurrent agreed to issue
three  different  types  of  warrants.

     Concurrent  issued  a warrant to purchase 50,000 shares of its Common Stock
on  March  29, 2001, exercisable at $5.196 per share over a four-year term. This
warrant  is  referred  to  as  the  "Initial  Warrant."

     Concurrent  is  also  generally obligated to issue new warrants to purchase
shares  of  its Common Stock to Comcast at the end of each quarter through March
31,  2004,  based  upon  specified  performance  goals which are measured by the
number  of  Comcast basic cable subscribers that have the ability to utilize the
VOD  service.  The  incremental number of subscribers that have access to VOD at
each  quarter end as compared to the prior quarter end multiplied by a specified
percentage  is  the  number  of  additional warrants that were earned during the
quarter.  These  warrants  are  referred  to  as  the  "Performance  Warrants".
Concurrent  issued  to Comcast a performance warrant for 4,431 shares on October
9,  2001,  exercisable  at $6.251 per share over a four-year term, a performance
warrant  for 52,511 shares on January 15, 2002, exercisable at $15.019 per share
over  a four year term, and a performance warrant for 1,502 shares on August 10,
2002, exercisable at $5.707 per share over a four year term.

     Concurrent  will  also  issue additional warrants to purchase shares of its
Common  Stock,  if  at  the  end of any quarter the then total number of Comcast
basic  cable  subscribers  with  the ability to utilize the VOD services exceeds
specified  threshold  levels.  These  warrants  are  referred  to  as the "Cliff
Warrants".

     Concurrent  is  recognizing  the  value of the Performance Warrants and the
Cliff  Warrants  over  the term of the agreement as Comcast purchases additional
VOD  equipment from Concurrent and makes the service available to its customers.
The value of the warrants is determined using the Black-Scholes valuation model.
The  weighted-average assumptions used for the quarters ended September 30, 2003
and  2002,  respectively,  were: expected dividend yield of 0% for both periods;
risk-free  interest  rate  of 2.40% and 2.57%; expected life of 4 years for both
periods;  and  an  expected volatility of 112% and 116%.  Concurrent will adjust
the  value  of  the  earned but unissued warrants on a quarterly basis using the
Black-Scholes valuation model until the warrants are actually issued.  The value
of  the new warrants earned and any adjustments in value for warrants previously
earned will be determined using the Black-Scholes valuation model and recognized
as  part  of  revenue  on  a  quarterly  basis.

     The  exercise  price  of  the  warrants is subject to adjustments for stock
splits,  combinations,  stock  dividends,  mergers,  and  other  similar
recapitalization  events.  The  exercise price is also subject to adjustment for
issuance  of additional equity securities at a purchase price less than the then
current  fair  market  value  of  Concurrent's  Common  Stock.  Based  on  the
information that is currently available, Concurrent does not expect the warrants
to  be  issued to Comcast to exceed 1% of its outstanding shares of Common Stock
over the term of the agreement.  The exercise price of the warrants to be issued
to Comcast will equal the average closing price of Concurrent's Common Stock for
the  30  trading  days prior to the applicable warrant issuance date and will be
exercisable  over  a  four  year  term.

     For  the  three  months  ended  September  30,  2003, Concurrent recognized
$351,000  as  a  reduction  in  revenue  for  the Performance Warrants and Cliff
Warrants  that  have  been  earned  but  unissued as of September 30, 2003.  The
decrease  in  revenue  during the three month period ended September 30, 2003 is
due from the increase in the number of Comcast basic cable subscribers that have
the  ability to utilize VOD services and the increase in the Black-Scholes value
of  the  warrants earned but unissued.  For the three months ended September 30,
2002,  Concurrent recorded an increase in revenue of $57,000 for the Performance
Warrants  and  Cliff  Warrants  that were earned but unissued due primarily to a
decrease  in  the  Black-Scholes value of the warrants earned but unissued as of
September  30,  2002.


                                      -10-
<PAGE>
Scientific  Atlanta,  Inc.  Warrants

     In  accordance  with  a  five  year  definitive  agreement  with Scientific
Atlanta,  Inc.  ("SAI")  executed  in August of 1998, Concurrent agreed to issue
warrants  to  SAI upon achievement of pre-determined revenue targets.  The value
of  these  warrants  could not exceed 5% of applicable revenue and the number of
shares  of  Concurrent common stock related to the warrants are determined using
the  Black-Scholes valuation model and could not exceed 888,888 shares for every
$30 million of revenue from the sale of VOD servers using the SAI platform.  The
Black-Scholes value of these warrants could not impact gross margin by more than
$1.5 million per $30 million of applicable revenue.  Concurrent accrued for this
cost  as  a  part  of  cost  of  sales  at the time of recognition of applicable
revenue.  Concurrent  issued warrants to SAI upon reaching the first $30 million
threshold  on  April  1,  2002, exercisable at $7.106 per share over a four-year
term, all of which are still outstanding as of September 30, 2003.

     The five year definitive agreement with SAI expired on August 17, 2003, and
at  that  time  Concurrent  had  not reached the second $30 million threshold of
revenue  using  the  SAI platform.  As a result, Concurrent was not obligated to
issue  a warrant under the agreement regarding the second $30 million threshold,
and  accordingly, reversed $1.3 million of expense during the three month period
ended  September  30, 2003, which had been previously accrued in anticipation of
reaching  the  next  $30  million  threshold.  This reversal was recorded in VOD
systems  cost  of  sales.  For  the three month period ended September 30, 2002,
Concurrent  recognized  $3,000, as part of VOD product cost of sales for the SAI
warrants  that  had  been  earned  but  unissued.

12.  RECENT  ACCOUNTING  PRONOUNCEMENTS

     In  December  2002,  the  FASB  issued  Interpretation  No.  ("FIN")  45,
"Guarantor's  Accounting  and  Disclosure Requirements for Guarantees, Including
Indirect  Guarantees  of  Indebtedness of Others," which provides for additional
disclosures  to  be  made  by  a  guarantor  in its interim and annual financial
statements  about  its  obligations and requires, under certain circumstances, a
guarantor  to recognize at the inception of a guarantee a liability for the fair
value of the obligation undertaken in issuing the guarantee.  Concurrent adopted
the  disclosure  requirements for fiscal year ended June 30, 2003.  The adoption
of  FIN  45 has not had a material impact on Concurrent's consolidated financial
statements.

     In  May  2003,  FASB issued SFAS No. 150, "Accounting for Certain Financial
Instruments  with Characteristics of Both Liabilities and Equity."  SFAS No. 150
clarifies  the  definition  of a liability as currently defined in FASB Concepts
Statement  No.  6,  "Elements of Financial Statements," as well as other planned
revisions.  This  statement  requires  a  financial  instrument that embodies an
obligation  of  an  issuer  to  be  classified as a liability.  In addition, the
statement  establishes  standards  for the initial and subsequent measurement of
these  financial  instruments  and disclosure requirements.  SFAS No. 150 became
effective for Concurrent on July 1, 2003.  The adoption of this standard did not
have  a  material  impact  on  Concurrent's  consolidated  financial statements.

     In  January  2003,  the  FASB  issued  FIN  46,  "Consolidation of Variable
Interest Entities."  This interpretation clarifies the application of Accounting
Research  Bulletin  No.  51, "Consolidated Financial Statements," in determining
whether  a reporting entity should consolidate certain legal entities, including
partnerships, limited liability companies, or trusts, among others, collectively
defined  as variable interest entities.  This interpretation applies to variable
interest  entities created or obtained after January 31, 2003, and as of July 1,
2003,  to  variable  interest  entities  in which an enterprise holds a variable
interest that it acquired before February 1, 2003.  The FASB subsequently issued
FASB  Staff  Position FIN 46-6, which defers the effective date for applying the
provisions  of  FIN  46 to financial statements for (1) interests held by public
entities  in  variable interest entities or potential variable interest entities
created  before  February  1,  2003 and (2) non-registered investment companies.
Concurrent  does  not have any variable interest entities; therefore, management
believes  this  statement  will  not  have  a  material  impact  on Concurrent's
consolidated  financial  statements.


                                      -11-
<PAGE>
13.  CONTINGENCIES

     Concurrent,  from time to time, is involved in litigation incidental to the
conduct  of its business.  Concurrent believes that such pending litigation will
not  have  a  material  adverse  effect on Concurrent's results of operations or
financial  condition.


                                      -12-
<PAGE>
ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF FINANCIAL CONDITION AND
RESULTS  OF  OPERATIONS

SELECTED  OPERATING  DATA  AS  A  PERCENTAGE  OF  TOTAL  REVENUE

     The  following  table sets forth selected operating data as a percentage of
total revenue, unless otherwise indicated, for certain items in our consolidated
statements  of  operations  for  the  periods  indicated.

<TABLE>
<CAPTION>
                                                THREE MONTHS ENDED
                                                   SEPTEMBER 30,
                                                   2003    2002
                                                  ------  ------
<S>                                               <C>     <C>
                                                   (Unaudited)
Revenues:
    Product sales
        Real-time systems                          23.2%   18.5%
        VOD systems                                48.4    56.2
                                                  ------  ------
            Total product sales                    71.6    74.7

    Service
        Real-time systems                          21.9    21.1
        VOD systems                                 6.5     4.2
                                                  ------  ------
            Total service sales                    28.4    25.3
                                                  ------  ------

            Total                                 100.0   100.0

Cost of sales (% of respective sales category):
    Product
        Real-time systems                          30.9    43.4
        VOD systems                                40.0    42.1
                                                  ------  ------
            Total product cost of sales            37.0    42.4

    Service
        Real-time systems                          52.7    55.7
        VOD systems                                62.1    71.6
                                                  ------  ------
            Total service cost of sales            54.8    58.3
                                                  ------  ------
            Total cost of sales                    42.1    46.4
                                                  ------  ------

Gross margin                                       57.9    53.6

Operating expenses:
    Sales and marketing                            21.6    19.9
    Research and development                       24.7    20.1
    General and administrative                     11.4    10.5
                                                  ------  ------
            Total operating expenses               57.7    50.5
                                                  ------  ------

Operating income                                    0.2     3.1

Recovery of previously recognized
    impairment loss                                 5.6       -
Interest income - net                               0.3     0.9
Other expense - net                                (0.7)   (0.2)
                                                  ------  ------

Income before income taxes                          5.4     3.7

Provision for income taxes                          2.2     0.9
                                                  ------  ------

Net income                                          3.2%    2.8%
                                                  ======  ======
</TABLE>


                                      -13-
<PAGE>
RESULTS  OF  OPERATIONS

THE QUARTER ENDED SEPTEMBER 30, 2003 COMPARED TO THE QUARTER ENDED SEPTEMBER 30,
2002

     Product Sales.  Total product sales were $13.5 million for the three months
ended  September  30,  2003,  a  decrease  of $3.0 million, or 18.1%, from $16.5
million  for  the  same period of the prior year.  The decrease in product sales
resulted  primarily  from  the decrease in VOD product sales of $3.3 million, or
26.5%,  to  $9.1 million in the three month period ended September 30, 2003 from
$12.4  million  for  same period of the prior year.  The decrease in VOD product
sales  for  the  three  months  ended  September 30, 2003 was due primarily to a
different  mix  of customers and products, including decreased sales of QAMs and
Upconverters  and a decrease in prices of certain system components in the three
months  ended  September  30,  2003  as  compared to the prior year period.  The
decrease  in  VOD  product  sales  was  also due to an increase of approximately
$400,000  in  revenue reductions resulting from additional warrants being earned
by Comcast as compared to the same period of the prior year. The decrease in VOD
product  sales  was  partially  offset  by  software sales of our newly released
Real-Time  Media content ingestion product as compared to the prior year period.

     Sales  of  real-time  products  increased  $0.3  million,  or 7.4%, to $4.4
million  for  the  three month period ended September 30, 2003 from $4.1 million
for  the  same  period  of  the  prior  year.  The increase in real-time product
revenue  was due to a more favorable product mix in the three month period ended
September  30,  2003  as  compared  to  same  period  of  the  prior  year.

     Service  Revenue.  Service revenue decreased $0.2 million, or 4.3%, to $5.4
million  for  the three month period ended September 30, 2003, from $5.6 million
for  the  same  period  of  the  prior year.  VOD service revenue increased $0.3
million, or 31.8%, to $1.2 million in the three month period ended September 30,
2003  from  $0.9  million  for the same period of the prior year, as the Xstreme
division  continued to recognize deferred maintenance revenue and expand its VOD
customer  base  requiring  additional installation, training, technical support,
and  software  and  hardware  maintenance services.  The increase in VOD service
revenue  was  offset  by a $0.5 million, or 11.4%, decrease in real-time service
revenue to $4.2 million for the three month period ended September 30, 2003 from
$4.7  million  for the same period of the prior year.  Real-time service revenue
continued  to decline primarily due to the cancellation of maintenance contracts
as  machines  were  removed  from  service and from customers purchasing our new
products  that  are  less  expensive  to  maintain.

     Product  Gross  Margin.  Product  gross  margin  decreased $1.0 million, or
10.5%,  to  $8.5 million for the three months ended September 30, 2003 from $9.5
million  for  the  same period of the prior year.  The product gross margin as a
percentage of sales increased to 63.0% in the three month period ended September
30,  2003  from  57.6%  in the three month period ended September 30, 2002.  VOD
product  gross  margin  increased  to  60.0%  in  the  three  month period ended
September  30,  2003  from 57.9% in the same period of the prior year due to the
$1.3  million  reversal  from  cost  of  sales  of previously recognized warrant
expense in the three months ended September 30, 2003.  The favorable impact from
the  warrant expense reversal was partially offset by an increase in the revenue
reduction  from  the  warrant accrual for Comcast of approximately $400,000 over
the  prior  year  period  due  to  an increase in the Black-Scholes value of the
warrants  and increased sales to Comcast during the three months ended September
30,  2003.  Real-time product gross margin increased to 69.1% in the three month
period ended September 30, 2003 from 56.6% for the same period of the prior year
due  to  a  more  favorable  product  mix, particularly related to higher margin
software  sales  in  the  current quarter, as compared to the same period of the
prior  fiscal  year.

     Service  Gross Margin. The gross margin on service sales increased to 45.2%
for  the  three  month  period  ended September 30, 2003 from 41.7% for the same
period  of  the  prior  year. VOD service margins increased to 37.9% compared to
28.4%  in  the  prior year period as the Xstreme division continues to build its
VOD  customer  base  and  revenue  at  a  faster rate than the costs required to
support  these  services. Real-time service gross margin increased to 47.3% from
44.3%  due  primarily  to  reduced  costs  from  the  restructuring  initiatives
implemented  in  the  fourth  quarter  of  fiscal  2003.

     Sales  and  Marketing.  Sales  and  marketing  expenses  increased  as  a
percentage  of sales to 21.6% for the three months ended September 30, 2003 from
19.9%  for  the  same  period  of  the prior year. These expenses decreased $0.3
million,  or 7.4%, to $4.1 million during the three month period ended September
30,  2003


                                      -14-
<PAGE>
from $4.4 million in the same period of the prior year. The Integrated Solutions
division's sales and marketing expenses remained relatively constant as compared
to the same period of the prior year. The Xstreme division's sales and marketing
expenses decreased $0.3 million primarily due to reduced salaries and wages as a
result of the realignment of resources in the fourth quarter of fiscal 2003, and
a decrease in trade show and other advertising expenses and commissions.

     Research and Development.  Research and development expenses increased as a
percentage  of sales to 24.7% for the three months ended September 30, 2003 from
20.1%  for  the  same  period  of  the prior year. These expenses increased $0.2
million,  or 5.0%, to $4.7 million during the three month period ended September
30,  2003  from $4.5 million during the same period of the prior year.  The $0.2
million  increase  in  research and development expense is due to an increase in
salaries  and  related  costs  as the Xstreme and Integrated Solutions divisions
added  new  development  staff  since  the  same period of the prior year and an
increase  in depreciation expense in the Xstreme division, partially offset by a
decrease  in consulting expenses in the Xstreme division as compared to the same
period  of  the  prior  year.

     General  and Administrative.  General and administrative expenses increased
as  a percentage of sales to 11.4% for the three months ended September 30, 2003
from 10.5% for the same period of the prior year.  These expenses decreased $0.1
million,  or  6.8%,  to $2.2 million during the three months ended September 30,
2003  compared to $2.3 million in same period of the prior year due primarily to
a  reduction  in  the  bad  debt reserve of $0.3 million, partially offset by an
increase  in  legal  costs, accounting salaries and wages and consulting fees in
the  three months ended September 30, 2003 as compared to the same period of the
prior  year.

     Recovery of Previously Recognized Impairment Loss.  In the third and fourth
quarters  of fiscal 2003, we recorded, in the aggregate, a net impairment charge
of  $13.0  million due to an other-than-temporary decline in the market value of
our  equity  investment  in Thirdspace, which included a $6.1 million charge for
the write off of two $3.0 million notes receivable and related accrued interest.
As  a  result  of  a partial liquidation of Thirdspace's remaining assets in the
quarter  ended September 30, 2003, we received net proceeds of $1.1 million as a
partial  recovery  of  the  previously written off notes receivable.  The income
recognized  related  to these proceeds is recorded in the line item "Recovery of
previously  recognized impairment loss" in the Condensed Consolidated Statements
of  Operations  and  the value of the investment and notes receivables remain at
zero  on  our  September  30, 2003 Condensed Consolidated Balance Sheets.  As of
September  30, 2003, uncertainty remained as to the amount and timing of receipt
of  additional  proceeds  as  a  result  of  further liquidation of Thirdspace's
remaining  assets.

     Income  Taxes.  We recorded income tax expense for our domestic and foreign
subsidiaries  of  $0.4  million  and $0.2 million during the three month periods
ended  September  30,  2003  and 2002, respectively.  This expense is based on a
pre-tax income of $1.0 million and $0.8 million in the three month periods ended
September 30, 2003 and 2002, respectively.  For the three months ended September
30, 2003, this expense is primarily attributable to U.S. federal income tax that
is  offset by net operating losses originating prior to our quasi-reorganization
in  November  1991. For accounting purposes, the benefit from the utilization of
the pre quasi-reorganization net operating losses must be recognized directly in
equity  rather  than  through  the income statement.  For the three months ended
September  30,  2002,  this  expense  was  primarily  attributable  to  foreign
withholding taxes and income earned in foreign locations, which cannot be offset
by  net  operating  loss  carryforwards.

     Net  Income.  We recorded net income of $0.6 million or $0.01 per basic and
diluted share for the three months ended September 30, 2003 and 2002.


                                      -15-
<PAGE>
LIQUIDITY  AND  CAPITAL  RESOURCES

     Our  liquidity  is  dependent  on  many  factors,  including  sales volume,
operating  profit  and  the  efficiency  of  asset use and turnover.  Our future
liquidity  will  be  affected  by,  among  other  things:

     -    The  actual  versus  anticipated  decline  in  sales  of  real-time
          proprietary  systems  and  service  maintenance  revenue;
     -    Revenues  from  real-time  systems;
     -    Revenue  growth from VOD systems and the pace at which cable companies
          implement  VOD  technology;
     -    Ongoing  cost  control  actions  and  expenses, including for example,
          research  and  development  and  capital  expenditures;
     -    The  margins  on  the  VOD  and  real-time  businesses;
     -    The  ability  to  raise  additional  capital,  if  necessary;
     -    The  ability  to  obtain  bank  financing,  if  necessary;
     -    Timing  of  product  shipments  which  occur primarily during the last
          month  of  the  quarter;
     -    The  percentage  of sales derived from outside the United States where
          there  are  generally  longer  accounts  receivable collection cycles;
     -    The  number  of  countries  in  which  we  operate,  which may require
          maintenance  of  minimum  cash  levels in each country and, in certain
          cases,  may  restrict  the  repatriation of cash, such as cash held on
          deposit  to  secure  office  leases;  and
     -    The  success  of  the  fourth  generation  VOD  platform.

     We  used  cash  of  $4.3 million from operating activities during the three
months  ended  September  30,  2003  compared  to providing cash of $3.4 million
during  the same period of the prior year.  The decrease in cash from operations
was  due to decreased collections of accounts receivable as compared to the same
period  of  the  prior  year.

     We  invested  $1.2 million in property plant and equipment during the three
months ended September 30, 2003 compared to $1.5 million during the three months
ended  September  30,  2002.  Capital additions during the first three months of
fiscal  2004  related primarily to product development and testing equipment and
demonstration  equipment  for  our  Xstreme  division.

     At  September  30, 2003, we had working capital of $30.9 million and had no
material  commitments  for  capital  expenditures.  We believe that the existing
cash  balances  and funds generated by operations will be sufficient to meet the
anticipated working capital and capital expenditure requirements for the next 12
months.

     Deferred revenues increased $0.5 million from $7.6 million at June 30, 2003
to  $8.1  million  at  September  30, 2003, due primarily to the growing base of
cable  customers  with  maintenance  programs  where  the  revenue is recognized
ratably  over  the  maintenance  period.

     We maintain pension plans for certain employees and former employees in the
United  Kingdom  and  Germany.  The projected benefit obligation for the benefit
plans  at  June 30, 2003 and June 30, 2002 as determined in accordance with SFAS
No.  87,  "Employers  Accounting  for  Pensions",  was  $21.5  million and $17.0
million,  respectively,  and the value of the plans assets was $12.9 million and
$12.0  million,  respectively.  As  a result, the plans were underfunded by $8.6
million  at  June  30,  2003 and by $5.0 million at June 30, 2002.  The value of
plan  assets  was  $12.9  million  at September 30, 2003.  It is likely that the
amount  of  our  contribution  to  the  plans will increase from the $394,000 of
contributions  made  in fiscal 2003. In addition, management expects the pension
cost  to  be  recognized  in  the  financial  statements  will increase from the
$747,000  recognized  in fiscal 2003 to approximately $1,060,000 in fiscal 2004,
of  which  approximately  $265,000  was  recognized  in  the  three months ended
September  30,  2003.  The  expense  to  be  recognized  in future periods could
increase  further,  depending  upon  the amount of the change in the fair market
value  of  the  plan  assets and the change in the projected benefit obligation.

     The  funding  deficiency  of  $8.6  million  at  June 30, 2003 may increase
further or decrease in the future depending primarily upon the actual investment
performance  of  the pension assets as compared to the assumed rate of return on
plan  assets  and  the  amount  of contributions to the plan by the Company. The
Company is currently in the process of completing its valuation to determine the
amount  of  contributions  to the plan that the Company will be required to make
for the next 3 years. We also recorded a reduction to stockholders' equity as of
June  30,  2003  and  2002,  amounting  to  $3.0  million  and  $1.6  million,
respectively,  due  to  the  decrease in the discount rate used to calculate the
accumulated benefit obligation and the less than anticipated investment returns.


                                      -16-
<PAGE>
CONTRACTUAL  OBLIGATIONS  AND  COMMERCIAL  COMMITMENTS

     Our  only  significant  contractual  obligations  and commitments relate to
certain  operating leases for sales, service and manufacturing facilities in the
United  States,  Europe  and  Asia.

     CAUTIONARY  NOTE  REGARDING  FORWARD-LOOKING  STATEMENTS

     Certain statements made or incorporated by reference in this report on Form
10-Q  may  constitute  "forward-looking  statements"  within  the meaning of the
federal  securities  laws.  When  used  or  incorporated  by  reference  in this
prospectus,  the  words  "believes,"  "expects,"  "estimates", "anticipates" and
similar  expressions  are  intended  to  identify  forward-looking  statements.
Statements  regarding future events and developments and our future performance,
as  well  as our expectations, beliefs, plans, estimates or projections relating
to  the future, are forward-looking statements within the meaning of these laws.
All  forward-looking  statements  are subject to certain risks and uncertainties
that  could  cause actual events to differ materially from those projected.  The
risks and uncertainties which could affect our financial condition or results of
operations  include,  without  limitation:

     -    availability  of  VOD  content;
     -    delays  or  cancellations  of  customer  orders;
     -    changes  in  product  demand;
     -    economic  conditions;
     -    various  inventory  risks  due  to  changes  in  market  conditions;
     -    uncertainties  relating  to  the  development  and  ownership  of
          intellectual  property;
     -    uncertainties  relating  to  our  ability  and  the  ability  of other
          companies  to  enforce  their  intellectual  property  rights;
     -    the  pricing and availability of equipment, materials and inventories;
     -    the  limited  operating  history  of  our  VOD  segment;
     -    the  concentration  of  our  customers;
     -    failure  to  effectively  manage  growth;
     -    delays  in  testing  and  introductions  of  new  products;
     -    rapid  technology  changes;
     -    demand  shifts  from  high-priced,  proprietary  real-time  systems to
          low-priced,  open  server  systems;
     -    system  errors  or  failures;
     -    reliance  on  a  limited  number  of  suppliers;
     -    uncertainties  associated  with  international  business  activities,
          including  foreign  regulations,  trade  controls, taxes, and currency
          fluctuations;
     -    the  highly  competitive environment in which we operate and predatory
          pricing  pressures;
     -    failure  to  effectively  service  the  installed  base;
     -    the  entry  of  new  well-capitalized  competitors  into  our markets;
     -    the  valuation  of  equity  investments  and  collectibility  of notes
          receivable;
     -    capital  spending  patterns  by  a  limited  customer  base;  and
     -    contract  obligations  that  could  impact  revenue  recognition.

     Other  important  risk  factors  are discussed in our Annual Report on Form
10-K  for  the  fiscal  year  ended  June  30,  2003.

     Our  forward-looking statements are based on current expectations and speak
only  as of the date of such statements.  We undertake no obligation to publicly
update  or  revise  any forward-looking statement, whether as a result of future
events,  new  information  or  otherwise.

ITEM 3.     QUANTITATIVE  AND  QUALITATIVE  DISCLOSURE  ABOUT  MARKET  RISK

     We  are  exposed  to market risk from changes in interest rates and foreign
currency  exchange rates.  We are exposed to the impact of interest rate changes
on  our  short-term  cash  investments,  which  are  backed


                                      -17-
<PAGE>
by U.S. government obligations, and other investments in respect of institutions
with the highest credit ratings, all of which have maturities of three months or
less.  These  short-term  investments  carry  a degree of interest rate risk. We
believe that the impact of a 10% increase or decline in interest rates would not
be  material  to  the  financial  statements.

     We  conduct  business  in the United States and around the world.  The most
significant foreign currency transaction exposures relate to the United Kingdom,
those  Western  European  countries  that  use  the  Euro  as a common currency,
Australia,  and  Japan.  We  do not hedge against fluctuations in exchange rates
and  believe  that  a hypothetical 10% upward or downward fluctuation in foreign
currency  exchange  rates  relative to the United States dollar would not have a
material impact on future earnings, fair values, or cash flows.

ITEM  4.     CONTROLS  AND  PROCEDURES

     As  required by Securities and Exchange Commission rules, we have evaluated
the  effectiveness  of  the  design and operation of our disclosure controls and
procedures as of September 30, 2003, the end of the quarter to which this report
relates.  This  evaluation  was  carried  out under the supervision and with the
participation  of  our management, including our principal executive officer and
principal  financial  officer.  Based  on  this  evaluation, these officers have
concluded  that  the  design  and  operation  of  our  disclosure  controls  and
procedures  are  effective.  There were no changes to our internal controls over
financial  reporting  during  the  period covered by this report that materially
affected,  or  are reasonably likely to materially affect, our internal controls
over  financial  reporting  subsequent  to  the  date  of  the their evaluation.

     Disclosure  controls  and procedures are controls and other procedures that
are  designed  to  ensure that information required to be disclosed by us in the
reports  that  we file or submit under the Exchange Act of 1934, as amended, are
recorded,  processed, summarized and reported, within the time periods specified
in  the  Securities  and  Exchange  Commission's  rules  and  forms.  Disclosure
controls  and  procedures  include,  without limitation, controls and procedures
designed  to  ensure  that  information  required  to  be disclosed by us in the
reports  that  we  file  or  submit  under  the Exchange Act are accumulated and
communicated  to  our  management, including our principal executive officer and
principal financial officer, as appropriate, to allow timely decisions regarding
required  disclosure.


                                      -18-
<PAGE>
PART II OTHER INFORMATION

ITEM  1.     LEGAL  PROCEEDINGS

     From  time  to  time,  we  may be involved in litigation relating to claims
arising  out  of our ordinary course of business.  We are not presently involved
in  any  material  litigation,  but  have  the  following  matters  pending:

     -    SeaChange  International,  Inc. v. Putterman, et al, Arkansas Court of
          ---------------------------------------------------
          Appeals,  Case  No.  CA  01-1126.  The suit was filed on June 14, 1999
          alleging  that we defamed SeaChange International, Inc. ("SeaChange").
          On  June  14,  2000, we counterclaimed against SeaChange alleging that
          SeaChange defamed us. On January 4, 2001, the court granted our motion
          to  dismiss  all  claims  against  us.  SeaChange  subsequently  and
          successfully appealed and the matter is set for trial in January 2004.

     -    Eason  v.  Concurrent  Computer  Corp,  et  al., Superior Court of New
          -----------------------------------------------
          Jersey,  Appellate Division, Docket No. A-003181-02T2. This suit arose
          out  of  personal injury claim filed in 1994 wherein plaintiff alleged
          that he was injured when a lamp post in our parking lot fell. The case
          against  us  was  dismissed in 1995, but in 2000 the plaintiff amended
          the  cause  of  action  and  refiled against us alleging spoliation of
          evidence.  The  plaintiff  obtained a default judgment for $119,800 in
          December  2001 that was vacated in August 2002. Plaintiff subsequently
          refiled  and  in February 2003 the court granted our motion to dismiss
          all claims. Plaintiff has appealed, and the matter has been briefed. A
          decision  by  the  appellate  court  is  expected  this  fiscal  year.

     We  are  involved  in various other legal proceedings.  We believe that any
liability  which  may  arise  as  a  result  of these proceedings, including the
proceedings  specifically  discussed  above,  will  not  have a material adverse
effect  on  our  financial  condition.


                                      -19-
<PAGE>
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibits:

       3.1  -  Restated  Certificate  of  Incorporation  of  the  Registrant
               (incorporated  by  reference  to  the  Registrant's  Registration
               Statement  on  Form  S-2  (No.  33-62440)).


       3.2  -  Amended  and  Restated  Bylaws  of  the  Registrant  Certificate
               (incorporated by reference to the Registrants Quarterly report on
               Form  10-Q  for  the  quarter  ended  March  31,  2003).

       3.3  -  Certificate  of  Correction  to  Restated  Certificate  of
               Incorporation of the Registrant (incorporated by reference to the
               Registrant's Annual Report on Form 10-K for the fiscal year ended
               June  30,  2002).

       3.4  -  Amended  Certificate  of  Designations  of Series A Participating
               Cumulative Preferred Stock (incorporated by reference to the Form
               8-A/A,  dated  August  9,  2002).

       3.5  -  Amendment  to  Amended  Certificate  of  Designations of Series A
               Participating  Cumulative  Preferred  Stock  (incorporated  by
               reference  to  the  Form  8-A/A,  dated  August  9,  2002).

       4.1  -  Form of Common  Stock  Certificate  (incorporated by reference to
               the  Registrants  Quarterly  report  on Form 10-Q for the quarter
               ended  March  31,  2003).

       4.2  -  Form  of  Rights  Certificate  (incorporated  by reference to the
               Registrant's Current Report on Form 8-K/A filed August 12, 2002).

       4.3  -  Amended  and  Restated  Rights Agreement  dated  as  of August 7,
               2002  between  the Registrant and American Stock Transfer & Trust
               Company,  as  Rights  Agent  (incorporated  by  reference  to the
               Registrant's  Current  Report  on  Form 8-K/A filed on August 12,
               2002).

      10.1**-  Form Indemnifications Agreement and Schedule of Directors who
               have  entered  into  such  agreement.

      11.1* -  Statement  Regarding  Computation  of  Per  Share  Earnings.

      31.1**-  Certification  of  Chief  Executive  Officer,  pursuant  to Rule
               13a-14  (a),  as  adopted  pursuant  to  Section  302  of  the
               Sarbanes-Oxley  Act  of  2002.

      31.2**-  Certification  of  Chief  Financial Officer,  pursuant  to  Rule
               13a-14  (a),  as  adopted  pursuant  to  Section  302  of  the
               Sarbanes-Oxley  Act  of  2002.

      32.1**-  Certification  of  Chief  Executive  Officer,  pursuant  to  18
               U.S.C.  Section  1350,  as adopted pursuant to Section 906 of the
               Sarbanes-Oxley  Act  of  2002.

      32.2**-  Certification  of  Chief  Financial  Officer,  pursuant  to  18
               U.S.C.  Section  1350,  as adopted pursuant to Section 906 of the
               Sarbanes-Oxley  Act  of  2002.

     *  Data  required  by  Statement of Financial Accounting Standards No. 128,
     "Earnings  per  Share,"  is  provided  in  the  Notes  to  the  condensed
     consolidated  financial  statements  in  this  report.

     **  Filed  herewith.


(b)  Reports  on  Form  8-K.

     The  following  reports on Form 8-K were filed during the period covered by
     this  report:

     -    Current  Report  on Form 8-K furnished on August 22, 2003, relating to
          results  of  operations  and  financial  condition  as  of and for the
          quarter  and  year  ended  June  30,  2003.
     -    Current  Report  on Form 8-K furnished on August 28, 2003, relating to
          required  Regulation  G  Disclosures related to the conference call on
          August  21,  2003.
     -    Current  Report  on  Form 8-K filed on September 25, 2003, relating to
          the  resignation  of  Paul C. Meyer, president of Integrated Solutions
          Division,  effective  October  10,  2003.


                                      -20-
<PAGE>
                                   SIGNATURES


     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this quarterly report for the quarter ended September
30,  2003,  to  be  signed  on  its  behalf  by  the  undersigned thereunto duly
authorized.


Date: November 14, 2003          CONCURRENT COMPUTER CORPORATION




                                 By: /s/ Steven R. Norton
                                    ------------------------
                                    Steven R. Norton
                                    Executive Vice President, Chief Financial
                                    Officer and Secretary
                                    (Principal Financial and Accounting Officer,
                                    Authorized Officer)


                                      -21-
<PAGE>
                                  EXHIBIT INDEX
                                  -------------


       3.1  -  Restated  Certificate  of  Incorporation  of  the  Registrant
               (incorporated  by  reference  to  the  Registrant's  Registration
               Statement  on  Form  S-2  (No.  33-62440)).
       3.2  -  Amended  and  Restated  Bylaws  of  the  Registrant  Certificate
               (incorporated by reference to the Registrants Quarterly report on
               Form  10-Q  for  the  quarter  ended  March  31,  2003).
       3.3  -  Certificate  of  Correction  to  Restated  Certificate  of
               Incorporation of the Registrant (incorporated by reference to the
               Registrant's Annual Report on Form 10-K for the fiscal year ended
               June  30,  2002).
       3.4  -  Amended  Certificate  of  Designations  of Series A Participating
               Cumulative Preferred Stock (incorporated by reference to the Form
               8-A/A,  dated  August  9,  2002).
       3.5  -  Amendment  to  Amended  Certificate  of  Designations of Series A
               Participating  Cumulative  Preferred  Stock  (incorporated  by
               reference  to  the  Form  8-A/A,  dated  August  9,  2002).
       4.1  -  Form of Common  Stock  Certificate  (incorporated by reference to
               the  Registrants  Quarterly  report  on Form 10-Q for the quarter
               ended  March  31,  2003).
       4.2  -  Form  of  Rights  Certificate  (incorporated  by reference to the
               Registrant's Current Report on Form 8-K/A filed August 12, 2002).
       4.3  -  Amended  and  Restated  Rights Agreement  dated  as  of August 7,
               2002  between  the Registrant and American Stock Transfer & Trust
               Company,  as  Rights  Agent  (incorporated  by  reference  to the
               Registrant's  Current  Report  on  Form 8-K/A filed on August 12,
               2002).
      10.1**-  Form Indemnifications Agreement and Schedule of Directors who
               have  entered  into  such  agreement.
      11.1* -  Statement  Regarding  Computation  of  Per  Share  Earnings.
      31.1**-  Certification  of  Chief  Executive  Officer,  pursuant  to Rule
               13a-14  (a),  as  adopted  pursuant  to  Section  302  of  the
               Sarbanes-Oxley  Act  of  2002.
      31.2**-  Certification  of  Chief  Financial Officer,  pursuant  to  Rule
               13a-14  (a),  as  adopted  pursuant  to  Section  302  of  the
               Sarbanes-Oxley  Act  of  2002.
      32.1**-  Certification  of  Chief  Executive  Officer,  pursuant  to  18
               U.S.C.  Section  1350,  as adopted pursuant to Section 906 of the
               Sarbanes-Oxley  Act  of  2002.
      32.2**-  Certification  of  Chief  Financial  Officer,  pursuant  to  18
               U.S.C.  Section  1350,  as adopted pursuant to Section 906 of the
               Sarbanes-Oxley  Act  of  2002.

     *  Data  required  by  Statement of Financial Accounting Standards No. 128,
     "Earnings  per  Share,"  is  provided  in  the  Notes  to  the  condensed
     consolidated  financial  statements  in  this  report.

     **  Filed  herewith.


                                      -22-
<PAGE>