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, 2002

                                       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. mployer 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
                                    ---       ---

Number  of  shares  of the Registrant's Common Stock, par value $0.01 per share,
outstanding  as  of  November  8,  2002  was  61,861,993.


<PAGE>
PART  I     FINANCIAL  INFORMATION

ITEM  1.     FINANCIAL  STATEMENTS

<TABLE>
<CAPTION>

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

                                    THREE MONTHS ENDED
                                       SEPTEMBER 30,
                                      2002      2001
                                    --------  --------
<S>                                 <C>       <C>
Revenues:
  Product:
    Real-time systems               $ 4,092   $ 5,336
    Video-on-demand systems          12,449     3,254
                                    --------  --------
      Total product revenues         16,541     8,590
  Service:
    Real-time systems                 4,678     5,253
    Video-on-demand systems             922       259
                                    --------  --------
      Total service revenues          5,600     5,512
                                    --------  --------
      Total revenues                 22,141    14,102

Cost of sales:
  Product:
    Real-time systems                 1,776     2,501
    Video-on-demand systems           5,241     1,888
                                    --------  --------
      Total product cost of sales     7,017     4,389
  Service:
    Real-time systems                 2,607     2,849
    Video-on-demand systems             660       404
                                    --------  --------
      Total service cost of sales     3,267     3,253
                                    --------  --------
      Total cost of sales            10,284     7,642
                                    --------  --------

Gross margin                         11,857     6,460

Operating expenses:
  Sales and marketing                 4,404     4,154
  Research and development            4,447     3,461
  General and administrative          2,328     1,909
                                    --------  --------
      Total operating expenses       11,179     9,524
                                    --------  --------

Operating income (loss)                 678    (3,064)

Interest income - net                   196       215
Other expense - net                     (47)      (11)
                                    --------  --------

Income (loss) before income taxes       827    (2,860)

Provision for income taxes              207       150
                                    --------  --------

Net income (loss)                   $   620   $(3,010)
                                    ========  ========

Net income (loss) per share
      Basic                         $  0.01   $ (0.05)
                                    ========  ========
      Diluted                       $  0.01   $ (0.05)
                                    ========  ========
<FN>
     THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONDENSED CONSOLIDATED
                              FINANCIAL STATEMENTS.
</TABLE>


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

                                                SEPTEMBER 30,    JUNE 30,
                                                    2002           2002
                                               ---------------  ----------
<S>                                            <C>              <C>
ASSETS

Current assets:
  Cash and cash equivalents                    $       29,124   $  30,519
  Accounts receivable - net                            18,484      23,894
  Inventories                                           6,679       6,822
  Deferred tax asset                                      870         870
  Prepaid expenses and other current assets             2,219       1,009
                                               ---------------  ----------
    Total current assets                               57,376      63,114

Property, plant and equipment - net                    11,135      10,696
Purchased developed computer software - net             1,346       1,393
Goodwill                                               10,744      10,744
Investment in minority owned companies                  7,826       7,814
Note receivable from minority owned companies           6,000       3,000
Deferred tax asset                                      1,087       1,087
Other long-term assets - net                              800         840
                                               ---------------  ----------
    Total assets                               $       96,314   $  98,688
                                               ===============  ==========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Accounts payable and accrued expenses        $       12,099   $  15,514
  Deferred revenue                                      4,106       4,055
                                               ---------------  ----------
    Total current liabilities                          16,205      19,569

Long-term liabilities:
  Deferred revenue                                      1,902       1,677
  Deferred tax liability                                1,634       1,634
  Other                                                 6,894       6,584
                                               ---------------  ----------
    Total liabilities                                  26,635      29,464

Stockholders' equity:
  Common stock                                            618         618
  Capital in excess of par value                      172,982     172,929
  Accumulated deficit                                 (97,757)    (98,377)
  Treasury stock                                          (58)        (58)
  Accumulated other comprehensive loss                 (6,106)     (5,888)
                                               ---------------  ----------
    Total stockholders' equity                         69,679      69,224
                                               ---------------  ----------

Total liabilities and stockholders' equity     $       96,314   $  98,688
                                               ===============  ==========
<FN>
     THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONDENSED CONSOLIDATED
                              FINANCIAL STATEMENTS.
</TABLE>


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

                                                        THREE MONTHS ENDED
                                                           SEPTEMBER 30,
                                                          2002      2001
                                                        --------  --------
<S>                                                     <C>       <C>
OPERATING ACTIVITIES
Net income (loss)                                       $   620   $(3,010)
Adjustments to reconcile net income (loss) to net
  cash provided by (used in) operating activities:
  Write-off of in-process research and development
  Accrual of non-cash warrants                              (54)      571
  Depreciation and amortization                           1,183     1,174
  Non-cash income tax provision                             120         -
  Other non cash expenses                                    82       118
  Changes in operating assets and liabilities:
     Accounts receivable                                  5,405       332
     Inventories                                             66       (41)
     Prepaid expenses and other current assets           (1,210)     (376)
     Other long-term assets                                   6       (60)
     Accounts payable and accrued expenses               (3,415)   (2,840)
     Short-term deferred revenue                             51      (428)
     Long-term liabilities                                  556        77
                                                        --------  --------
  Total adjustments to net income (loss)                  2,790    (1,473)
                                                        --------  --------
Net cash provided by (used in) operating activities       3,410    (4,483)

INVESTING ACTIVITIES
  Net additions to property, plant and equipment         (1,533)     (915)
  Note receivable from minority owned company            (3,000)        -
  Other                                                     (29)        -
                                                        --------  --------
Net cash used in investing activities                    (4,562)     (915)

FINANCING ACTIVITIES
  Net repayment of capital lease obligation                 (21)      (19)
  Proceeds from sale and issuance of common stock             4    25,176
                                                        --------  --------
Net cash provided by (used in) financing activities         (17)   25,157

Effect of exchange rates on cash and cash equivalents      (226)      204
                                                        --------  --------

Increase (decrease) in cash and cash equivalents         (1,395)   19,963
Cash and cash equivalents at beginning of period         30,519     9,460
                                                        --------  --------
Cash and cash equivalents at end of period              $29,124   $29,423
                                                        ========  ========

Cash paid during the period for:
  Interest                                              $     5   $    20
                                                        ========  ========
  Income taxes (net of refunds)                         $    56   $   175
                                                        ========  ========
<FN>
     THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THE CONDENSED CONSOLIDATED
                              FINANCIAL STATEMENTS.
</TABLE>


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

1.   BASIS  OF  PRESENTATION

     The  condensed,  consolidated  interim  financial  statements of Concurrent
Computer  Corporation  ("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,  2002.  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,  2002.  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  (LOSS)  PER  SHARE

     Basic net income (loss) per share is computed by dividing net income (loss)
by  the  weighted  average number of common shares outstanding during each year.
Diluted net income (loss) per share is computed by dividing net income (loss) 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 4,509,000 and 6,142,000 for the three
month  periods  ended  September  30, 2002 and 2001, 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  income  (loss)  per  share  for  the  periods  indicated:

<TABLE>
<CAPTION>
(DOLLARS AND SHARE DATA IN THOUSANDS,      THREE MONTHS ENDED
EXCEPT PER SHARE AMOUNTS)                  SEPTEMBER 30, 2002
                                          --------------------
                                            BASIC     DILUTED
                                          ---------  ---------
<S>                                       <C>        <C>
Average outstanding shares                  61,860     61,860
Dilutive effect of options and warrants        -          508
                                          ---------  ---------
Equivalent shares                           61,860     62,368
                                          =========  =========

Net income                                $    620   $    620
                                          =========  =========
Income per share                          $   0.01   $   0.01
                                          =========  =========


                                           THREE MONTHS ENDED
                                           SEPTEMBER 30, 2001
                                            BASIC     DILUTED
                                          ---------  ---------

Average outstanding shares                  59,564     59,564
Dilutive effect of options and warrants        -          -
                                          ---------  ---------
Equivalent shares                           59,564     59,564
                                          =========  =========

Net loss                                  $ (3,010)  $ (3,010)
                                          =========  =========
Loss per share                            $  (0.05)  $  (0.05)
                                          =========  =========
</TABLE>

3.   REVENUE  RECOGNITION  AND  RELATED  MATTERS

     Video-on-demand  ("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".  Concurrent recognizes
revenue  from  video-on-demand and real-time systems when persuasive evidence of


                                      -4-
<PAGE>
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.

     In  certain  limited  instances, Concurrent's customers require significant
customization  of  both  the  software and hardware products and, therefore, the
revenues  are  recognized  as  long term contracts in conformity with Accounting
Research  Bulletin  ("ARB") No. 45, "Long Term Construction Type Contracts", SOP
81-1,  "Accounting  for  Performance  of  Construction-Type  and  Certain
Production-Type  Contracts"  and  SOP 97-2, "Software Revenue Recognition".  For
long-term  contracts,  revenue  is recognized using the percentage-of-completion
method  of  accounting  based  on  costs incurred on the project compared to the
total  costs  expected  to  be  incurred  through  completion.

     Concurrent  recognizes revenue from customer service plans ratably over the
term  of  each plan, typically one year for real-time customers, and between one
and  three  years  for  VOD  customers.

     Custom  engineering  and  integration  services  performed by the Real-Time
division  are  typically  completed  within  90  days  from receipt of an order.
Revenues from these services are recognized upon completion and delivery of such
services  to  the  customer.


4.     INVENTORIES

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

<TABLE>
<CAPTION>
     (DOLLARS  IN  THOUSANDS)

                 SEPTEMBER 30,   JUNE 30,
                      2002         2002
                 --------------  ---------
<S>              <C>             <C>
Raw materials    $        5,064  $   5,030
Work-in-process           1,395      1,633
Finished goods              220        159
                 --------------  ---------
                 $        6,679  $   6,822
                 ==============  =========
</TABLE>


5.     INVESTMENTS  IN  AND  RECEIVABLE  FROM  MINORITY  OWNED  COMPANIES

     In  March  2002,  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 Living Limited ("Thirdspace"), giving
Concurrent  a  14.4%  ownership  interest  in  all  shares outstanding as of the
investment date.  The resale of the 291,461 shares was registered under a resale
registration  statement  filed  with  the Securities and Exchange Commission and
declared  effective  on  June  20,  2002.  Thirdspace  is  a closely held United
Kingdom  global  software  services  corporation  that  offers  interactive  and
on-demand  television  solutions  for  DSL  (digital  subscriber line) and other
broadband  networks.  In exchange for its investment, Concurrent also received a
warrant  for  400,000 series C shares of Thirdspace.  The warrant is exercisable
beginning  December  19,  2002.  If  the fair market value of the warrant on the
date  of  exercise is less than $5.73 per share, then the exercise price will be
the  then current fair market value.  If the fair market value of the warrant on
the  date  of  exercise  is  equal  to or greater than $5.73 per share, then the
exercise  price  will  be  the  greater of $5.73 or 85% of the then current fair
market  value.  Although the fair market value of the Thirdspace series C common
stock  and  the  Thirdspace  warrant  are  not  readily determinable, management
believes  that  its  book  value  approximates  the  fair  value.


                                      -5-
<PAGE>
     Concurrent also loaned Thirdspace $6 million in exchange for two $3 million
long-term  convertible  notes  receivable, bearing interest at 8% annually, with
interest  payments  first  due December 31, 2002, and semi-annually, thereafter.
The  notes  are convertible into series C shares of Thirdspace, at the option of
Concurrent, beginning six months after the issuance of the notes (March 19, 2002
and September 3, 2002) and ending 48 months after the issuance of the notes, and
are  based  on the then fair market value of the common stock.  Concurrent has a
security  interest  in  all  of  the assets of Thirdspace, which is subject to a
prior  lien  on  Thirdspace's intellectual property securing an obligation of $5
million.  Other  than  the  prior  lien  on  Thirdspace's intellectual property,
Concurrent's  security  interest  ranks  ratably  with  those  of  other secured
creditors.

     Concurrent is accounting for its investment in the common stock and warrant
of Thirdspace using the cost method, as Concurrent does not believe it exercises
significant  influence on Thirdspace.  The investment is reviewed for impairment
on  a  quarterly  basis.  The  convertible  note  is  recorded at fair value, in
accordance with SFAS 115, "Accounting for Certain Investments in Debt and Equity
Securities",  with  changes  in  fair  value  recorded  as  a component of other
comprehensive  income.

     In  the  ordinary  course  of  business,  Concurrent  sells  equipment  to
Thirdspace.  During  the  three months ended September 30, 2002, Concurrent sold
$40,000  of  equipment  to  Thirdspace.

     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.
The  investment  is  reviewed  for  impairment  on  a  quarterly  basis.

     In  the  ordinary  course  of  business,  Concurrent  sells  equipment  to
Everstream  and purchases consulting services from Everstream.  During the three
months  ended  September  30,  2002,  Concurrent  purchased $235,000 of contract
software  development  services  from  Everstream.

6.   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,
                                    2002         2002
                               --------------  ---------
<S>                            <C>             <C>
Accounts payable, trade        $        3,966  $   5,351
Accrued payroll, vacation and
  other employee expenses               3,989      5,872
Warranty accrual                        2,345      2,272
Other accrued expenses                  1,799      2,019
                               --------------  ---------
                               $       12,099  $  15,514
                               ==============  =========
</TABLE>


                                      -6-
<PAGE>
7.   COMPREHENSIVE  INCOME

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

<TABLE>
<CAPTION>
     (DOLLARS  IN  THOUSANDS)
                                               THREE MONTHS ENDED
                                                   SEPTEMBER 30,
                                                 2002        2001
                                              ----------  ----------
<S>                                           <C>         <C>
Net income (loss)                             $     620   $  (3,010)

Other comprehensive income (loss):
  Foreign currency translation income (loss)       (218)        273
                                              ----------  ----------
Total comprehensive income (loss)             $     402   $  (2,737)
                                              ==========  ==========
</TABLE>


8.   SEGMENT  INFORMATION

     Concurrent  operates  its business in two divisions: Real-Time and Xstreme.
Its  Real-Time  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.  Its  Xstreme  division  is  a  leading supplier of
digital  video server systems to a wide range of industries serving a variety of
markets,  including  the  broadband  cable and DSL, education, intranet/distance
learning,  and  other  related markets.  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  and  other  administrative costs including annual
audit  and  tax  fees,  legal  fees,  Board  of Director fees and similar costs.


                                      -7-
<PAGE>
     The  following  summarizes  the  operating income (loss) by segment for the
three-month  periods  ended  September  30,  2002  and  September  30,  2001,
respectively:

<TABLE>
<CAPTION>
     (DOLLARS  IN  THOUSANDS)

                                   THREE MONTHS ENDED SEPTEMBER 30, 2002
                                                (UNAUDITED)
                               ----------------------------------------------
                               REAL-TIME     XSTREME     CORPORATE    TOTAL
                               ----------  -----------  -----------  --------
<S>                            <C>         <C>          <C>          <C>
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
                               ==========  ===========  ===========  ========

                                   THREE MONTHS ENDED SEPTEMBER 30, 2001
                                                (UNAUDITED)
                               ----------------------------------------------
                               REAL-TIME     XSTREME     CORPORATE    TOTAL
                               ----------  -----------  -----------  --------
Revenues:
  Product                      $    5,336  $    3,254   $        -   $ 8,590
  Service                           5,253         259            -     5,512
                               ----------  -----------  -----------  --------
     Total                         10,589       3,513            -    14,102

Cost of sales:
  Product                           2,501       1,888            -     4,389
  Service                           2,849         404            -     3,253
                               ----------  -----------  -----------  --------
     Total                          5,350       2,292            -     7,642
                               ----------  -----------  -----------  --------

Gross margin                        5,239       1,221            -     6,460

Operating expenses
  Sales and marketing               1,637       2,364          153     4,154
  Research and development          1,232       2,229            -     3,461
  General and administrative          359         308        1,242     1,909
                               ----------  -----------  -----------  --------
    Total operating expenses        3,228       4,901        1,395     9,524
                               ----------  -----------  -----------  --------

Operating income (loss)        $    2,011  $   (3,680)  $   (1,395)  $(3,064)
                               ==========  ===========  ===========  ========
</TABLE>


                                      -8-
<PAGE>
9.   ISSUANCE  AND  ACCRUAL  OF  NON-CASH  WARRANTS

     On March 29, 2001, Concurrent entered into a three-year definitive purchase
agreement  with  Comcast  Cable, 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.

     The resale of the shares issuable upon exercise of the warrants to purchase
50,000  shares  and  4,431 shares were registered under a registration statement
filed  with  the  Securities  and  Exchange Commission and declared effective on
November  20,  2001.

     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 system 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  servers  from  Concurrent and makes the service available to its customers.
For  the three months ended September 30, 2002, Concurrent recognized $57,000 as
an increase in revenue for the Performance Warrants and Cliff Warrants that have
been  earned  but unissued.  This increase was due to a decrease in the value of
the  unissued  warrants  using the Black-Scholes valuation model.  For the three
months  ended  September 30, 2001, Concurrent recognized $405,000 as a reduction
to  revenue  for  the  Performance Warrants and Cliff Warrants that were earned.

     The  value  of the warrants is determined using the Black-Scholes valuation
model.  The  weighted-average  assumptions  used for the quarter ended September
30,  2002 were: expected dividend yield of 0%; risk-free interest rate of 2.57%;
expected  life  of 4 years; and an expected volatility of 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 adjustment 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.


                                      -9-
<PAGE>
     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  cannot  exceed  5%  of applicable revenue and the number of
shares  of  Concurrent  common stock related to the warrant are determined using
the Black-Scholes valuation model and cannot exceed 888,888 shares for every $30
million  of  revenue  from  the sale of VOD servers using the SAI platform.  The
value of these warrants cannot impact gross margin by more than $1.5 million per
$30  million  of applicable revenue.  Concurrent accrues for this cost as a part
of  cost  of  sales  at  the time of recognition of applicable revenue.  For the
three months ended September 30, 2002 and September 30, 2001, Concurrent accrued
$3,000  and  $166,000,  respectively, as a part of VOD systems cost of sales for
SAI performance warrants that have been earned but unissued.  As a result of the
cumulative revenue from sales of VOD servers using the SAI platform reaching the
first $30 million revenue target, Concurrent issued to SAI a warrant for 261,164
shares  on April 1, 2002, exercisable at $7.106 per share over a four-year term.


10.  REVOLVING  CREDIT  FACILITY

     Concurrent  has  a  revolving  credit  facility with a bank that expires on
December  31,  2002  and  which  provides  for borrowings up to $5 million at an
interest rate of prime (4.75% at September 30, 2002) plus 0.75% or between LIBOR
plus  2.25% and LIBOR plus 3.00% depending on Concurrent's ratio of Consolidated
Funded  Debt  (as  defined  in  the  credit facility) to EBITDA.  Concurrent has
pledged  substantially  all  of  its  assets as collateral for the facility.  No
borrowings  were  outstanding  at  September 30, 2002 under the credit facility.
Concurrent  is  investigating  the  extension  of  this  credit  facility.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF  OPERATIONS

APPLICATION  OF  CRITICAL  ACCOUNTING  POLICIES

  Revenue  Recognition

     Video-on-demand  and  real-time system revenues are recognized based on the
guidance  in  American  Institute  of  Certified Public Accountants Statement of
Position  97-2,  "Software  Revenue Recognition".  Concurrent recognizes revenue
from  video-on-demand  and real-time systems when: (1) persuasive evidence of an
arrangement  exists;  (2)  the  system has been shipped; (3) the fee is fixed or
determinable;  and  (4)  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.  Determination  of  criteria  (3)  and  (4)  are  based  on
management's  judgements  regarding  the  fixed  nature  of  the fee charged for
products  and  services  delivered and the collectibility of those fees.  Should
changes  in  conditions cause management to determine these criteria are not met
for  certain  future  transactions,  revenue recognized for any reporting period
could  be  adversely  affected.

     In  certain  limited  instances, Concurrent's customers require significant
customization  of  both  software and hardware products and, therefore, revenues
are recognized as long term contracts using the percentage-of-completion method,
which  relies  on  estimates  of  total  expected  contract  revenue  and costs.
Concurrent  follows  this  method  since  reasonably dependable estimates of the
revenue  and  costs  applicable  to  various  stages  of a contract can be made.
Recognized  revenues  and  profit  are  subject  to  revisions  as  the contract
progresses to completion. Revisions in profit estimates are charged to income in
the  period  in  which  the  facts  that give rise to the revision become known.

  Valuation  and  Accrual  of  Non-Cash  Warrants

     Concurrent  entered  into  a  three-year definitive purchase agreement with
Comcast Cable in March of 2001, providing for the sale of VOD equipment. As part
of  that agreement, Concurrent agreed to issue three types of warrants (See note
9  to  the  condensed  consolidated  financial  statements).


                                      -10-
<PAGE>
     Concurrent  recognized  the  value of the Initial Warrant as a reduction of
revenue in the quarter ended March 31, 2001.  Concurrent recognizes the value of
Performance  Warrants  and  Cliff  Warrants as an adjustment to revenue over the
term  of  the  agreement  as  Comcast  purchases  additional  VOD  servers  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  assumptions used for the quarter ended September 30, 2002
were:  expected  dividend yield - 0%; risk free interest rate  - 2.57%; expected
life  -  4  years;  and  expected  volatility - 116%. Concurrent will adjust the
value  of  the  earned  but  unissued  warrants  on  a quarterly basis using the
valuation  option-pricing  model  until  the  warrants are actually issued.  The
value of the new warrants earned, but unissued, and any adjustments in value for
warrants  previously  earned,  but  unissued,  will  be  determined  using  the
Black-Scholes  valuation  model and recognized as part of revenue on a quarterly
basis.  To  the  extent the above assumptions change on a periodic basis, or the
number  of  subscribers capable of receiving VOD increases or decreases, revenue
and  gross  margins  may  be  positively  or  negatively  impacted.

     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  cannot exceed 5% of applicable revenue and the number of shares
related  to  the  warrant are determined using the Black-Scholes valuation model
and  cannot exceed 888,888 shares for every $30 million of revenue from the sale
of VOD servers using the SAI platform. The value of these warrants cannot impact
gross  margin  by  more than $1.5 million per $30 million of applicable revenue.
Concurrent  accrues  for  this  cost  as  a part of cost of sales at the time of
recognition  of  applicable  revenue.

  Warranty  Accrual/Maintenance  Revenue  Deferral

     Concurrent  either accrues the estimated costs to be incurred in performing
warranty  services  at  the  time  of  revenue  recognition  and shipment of the
servers,  or  defers  revenue  associated  with  the  maintenance services to be
provided  during  the  warranty period based upon the value for which Concurrent
would  sell  such  services separately, depending upon the specific terms of the
customer  agreement.  Concurrent's  estimate  of  costs  to service its warranty
obligations  is  based  on  historical  experience  and  expectation  of  future
conditions.  To  the  extent  Concurrent  experiences  increased  warranty claim
activity or increased costs associated with servicing those claims, its warranty
accrual  will  increase  resulting  in  decreased  gross  margin.

  Inventory  Valuation  Reserves

     Concurrent provides for inventory obsolescence based upon assumptions about
future  demand,  market conditions and anticipated timing of the release of next
generation  products.  If  actual  market  conditions  or future demand are less
favorable than those projected by management, or if next generation products are
released  earlier  than  anticipated,  additional  inventory  write-downs may be
required.

  Impairment  of  Goodwill

     At  September  30,  2002,  Concurrent  had  $10.7  million of goodwill.  In
assessing  the  recoverability  of  Concurrent's goodwill, the Company must make
assumptions regarding estimated future cash flows and other factors to determine
the  fair  value  of  the  respective assets.  If the estimates or their related
assumptions  change  in  the  future,  Concurrent  may  be  required  to  record
impairment charges for these assets not previously recorded.  In connection with
the  adoption  of  SFAS  142,  Concurrent  was required to perform an impairment
assessment  within six months of its July 1, 2001 adoption.  As of September 30,
2001,  Concurrent completed this transitional impairment test and deemed that no
impairment  loss  was necessary.  As of September 30, 2002, Concurrent performed
an  additional assessment reaffirming that no impairment loss is necessary.  Any
subsequent  impairment  losses, if any, will be reflected in operating income in
the  income  statement.


                                      -11-
<PAGE>
  Valuation  of  Deferred  Tax  Assets

     In assessing the realizability of deferred tax assets, management considers
whether  it is more likely than not that some portion or all of the deferred tax
assets  will  be  realized.  The  ultimate realization of deferred tax assets is
dependent  upon  the  generation  of future taxable income during the periods in
which  those  temporary differences become deductible. At September 30, 2002 and
June  30,  2002,  substantially  all  of the deferred tax assets have been fully
reserved  due  to  the  operating  losses  for  the  past  several years and the
inability  to  assess  as  more  likely  than  not  the likelihood of generating
sufficient  future  taxable  income  to  realize  such  benefits.

  Investment  In  and  Receivable  from  Minority  Owned  Company

     At  September  30,  2002,  Concurrent had a $7 million minority interest in
Thirdspace,  as  well as two long-term notes receivable due from Thirdspace that
total  $6  million.  The  fair  value  of  the long-term investment in and notes
receivable  from  Thirdspace  is  dependent on the performance of Thirdspace, as
well  as  the  volatility  inherent  in the external markets for Thirdspace.  In
assessing  potential  impairment for this investment and these notes receivable,
Concurrent  will  consider  these  factors  as  well  as  forecasted  financial
performance  of  Thirdspace.   If actual results do not meet previous forecasts,
or  if  substantial  changes  in  forecasts occur, Concurrent may have to record
impairment  charges  not  previously  recognized.


                                      -12-
<PAGE>
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 Concurrent's
consolidated  statements  of  operations  for  the  periods  indicated.

<TABLE>
<CAPTION>
                                                   THREE MONTHS ENDED
                                                      SEPTEMBER 30,
                                                     2002      2001
                                                  ---------  ---------
                                                      (Unaudited)
<S>                                               <C>        <C>
Net sales:
  Product sales (% of total sales):
    Real-time systems                                 18.5%      37.8%
    Video-on-demand systems                           56.2       23.1
                                                  ---------  ---------
      Total product sales                             74.7       60.9
  Service:
    Real-time systems                                 21.1       37.3
    Video-on-demand systems                            4.2        1.8
                                                  ---------  ---------
      Total service sales                             25.3       39.1
                                                  ---------  ---------

      Total                                          100.0      100.0

Cost of sales (% of respective sales category):
  Product:
    Real-time systems                                 43.4       46.9
    Video-on-demand systems                           42.1       58.0
                                                  ---------  ---------
      Total product cost of sales                     42.4       51.1
  Service:
    Real-time systems                                 55.7       54.2
    Video-on-demand systems                           71.6      156.0
                                                  ---------  ---------
      Total service cost of sales                     58.3       59.0
                                                  ---------  ---------
      Total cost of sales                             46.4       54.2
                                                  ---------  ---------

Gross margin                                          53.6       45.8

Operating expenses:
  Sales and marketing                                 19.9       29.5
  Research and development                            20.1       24.5
  General and administrative                          10.5       13.5
                                                  ---------  ---------
      Total operating expenses                        50.5       67.5
                                                  ---------  ---------

Operating income (loss)                                3.1      (21.7)

Interest income - net                                  0.9        1.5
Other expense - net                                   (0.2)      (0.1)
                                                  ---------  ---------

Income (loss) before income taxes                      3.7      (20.3)

Provision for income taxes                             0.9        1.1
                                                  ---------  ---------

Net income (loss)                                      2.8%    (21.3)%
                                                  =========  =========
</TABLE>


                                      -13-
<PAGE>
RESULTS  OF  OPERATIONS

THE QUARTER ENDED SEPTEMBER 30, 2002 COMPARED TO THE QUARTER ENDED SEPTEMBER 30,
2001

     Product  Sales. Total product sales were $16.5 million for the three months
ended September 30, 2002, an increase of $8.0 million or 92.6% from $8.6 million
for  the  three months ended September 30, 2001. This increase resulted from VOD
product  sales  increasing  by  $9.2 million to $12.4 million in the three month
period  ended  September 30, 2002 from $3.3 million for the same period in 2001.
The increase in VOD product sales is due to the increase in VOD server purchases
from  three  North American multiple system cable operators, which accounted for
approximately  41.0%,  34.1%,  and 11.6% of VOD system revenue, respectively, in
the  quarter  ended  September  30,  2002. Sales of Real-Time products decreased
23.3%  to  $4.1  million in the three month period ended September 30, 2002 from
$5.3 million in the three month period ended September 30, 2001 due primarily to
a  prior  year, non-recurring product sale to one particular customer, partially
offsetting  the  increase  in  VOD  product  sales.  Sales  to a single customer
accounted  for  approximately  45.4%  of  Real-Time product sales in the quarter
ended  September  30,  2002.

     Service Sales. Service sales increased $0.1 million or 1.6% to $5.6 million
for  the  three  months ended September 30, 2002 from $5.5 million for the three
months  ended September 30, 2001. The increase resulted from VOD service revenue
increasing  $0.6  million  to  $0.9  million  in  the  three  month period ended
September  30, 2002 from $0.3 million for the same period in 2001 as the Xstreme
division  continues  to  build its VOD customer base that requires installation,
training,  and technical support. This increase was partially offset by the $0.6
million decrease in Real-Time service revenue to $4.7 million in the three month
period  ended  September  30,  2002 from $5.3 million for the same period in the
prior  year.  Real-Time  service  revenue  continues to decline primarily due to
customers  switching  from  proprietary  real-time  systems to Concurrent's open
systems  which  are  less  expensive to maintain, and due to the cancellation of
other  proprietary  computer  maintenance  contracts as the machines are removed
from  service.

     Product  Gross  Margin.  The  gross margin increased 83.5% to $11.9 million
for  the  three  months ended September 30, 2002 from $6.5 million for the three
months  ended  September  30,  2001.  The  gross margin as a percentage of sales
increased to 53.6% in the three month period ended September 30, 2002 from 45.8%
in the three month period ended September 30, 2001, due to increases in both VOD
and  Real-Time  product  margins in the current year quarter.  VOD product gross
margins  increased  to  57.9% in the three month period ended September 30, 2002
from  42.0%  in the three month period ended September 30, 2001, due to improved
efficiencies in the new MediaHawk model 3000 server and a favorable product mix.
Real-Time  product  gross  margins increased to 56.6% for the three months ended
September  30,  2002  from  53.1%  for  the  three  months ended March 31, 2001,
primarily  due to a favorable product mix and strong margins on hardware product
sales  to  one  particular  customer.

     Service  Gross Margin. The gross margin on service sales increased to 41.7%
for  the three months ended September 30, 2002 from 41.0% for the same period in
2001.  This increase results from a $0.4 million increase in VOD service margins
to 28.4% of VOD service revenue during the three months ended September 30, 2002
compared  to  a  negative margin of 56.0% of VOD service revenue during the same
period  in  the  prior  year.  VOD service margins have increased as the Xstreme
division continues to build revenue from its growing customer base that requires
installation, training, and technical support at a faster rate than the costs to
support  such  services  are  growing.  The  increase in VOD service margins was
partially offset by the decline in Real-Time service margins to 44.3% during the
three  months  ended September 30, 2002 compared to 45.8% during the same period
in  the  prior  year.  The  gross  margin on Real-Time service revenues declined
because,  as  Real-Time  service revenues continue to decline, Real-Time service
expenses  have  been  reduced  on  a  less than pro-rata basis to ensure quality
service  and  fulfill  contractual  agreements.

     Sales  and  Marketing.  Sales  and  marketing  expenses  decreased  as  a
percentage  of sales to 19.9% for the three months ended September 30, 2002 from
29.5%  for  the three months ended September 30, 2001.  These expenses increased
to $4.4 million during the three month period ended September 30, 2002 from $4.2
million  in  the  three  month  period  ended September 30, 2001.  The Real-Time


                                      -14-
<PAGE>
division's  sales and marketing expenses increased $0.1 million due primarily to
severance  expense  associated  with international personnel in the three months
ended  September 30, 2002 that did not occur during the same period of the prior
year.  The  Xstreme  division's  sales  and  marketing  expenses  increased $0.1
million in the three months ended September 30, 2002 compared to the same period
in  the  prior year due to a $0.2 million increase in commission expense related
to VOD product sales to one particular customer in the current period, offset by
$0.1  million  less  severance  and  travel  expenses.

     Research and Development.  Research and development expenses decreased as a
percentage of sales to 20.1% for the three month period ended September 30, 2002
from  24.5% for the three month period ended September 30, 2001.  These expenses
increased  $1.0  million  to  $4.4  million  during the three month period ended
September  30, 2002 from $3.5 million during the same period ended September 30,
2001.  The Real-Time division's research and development expenses increased $0.2
million  during  the three months ended September 30, 2002, when compared to the
same  period  in  the  prior  year,  due  to  personnel  additions  required for
development  of  the  Linux  based  real-time  operating  system.   The  Xstreme
division  also  added new development staff to focus on electronic program guide
and  set-top  box  software  integrations,  targeted and interactive advertising
integration, and development of next generation server and server architectures,
and employed outside consultants to assist with development of improved business
management  system  functionality.  These  additions  resulted in a $0.6 million
increase  in  VOD  research  and  development expenses in the three months ended
September  30,  2002  when  compared  to the same period in the prior year.  The
increased  headcount  also added $0.1 million in facility costs during the three
months  ended  September 30, 2002, when compared to the same period in the prior
year.

     General  and  Administrative. General and administrative expenses decreased
as  a percentage of sales to 10.5% for the three months ended September 30, 2002
from 13.5% during the same period in the prior year. These expenses increased to
$2.3  million  during  the three month period ended September 30, 2002 from $1.9
million during the same period ended September 30, 2001, primarily due to a $0.2
million  increase in corporate insurance costs. In addition, since September 30,
2001,  Concurrent  has strengthened its legal and investor relations departments
and hired a new Xstreme division president, resulting in a $0.2 million increase
in  general  and  administrative salaries and benefits in the three months ended
September  30,  2002,  when  compared  to  the  same  period  in the prior year.

     Income  Taxes.  Concurrent recorded income tax expense for its domestic and
foreign  subsidiaries  of  $0.2  million  during each of the three month periods
ended  September  30,  2002 and 2001. This expense is based on pre-tax income of
$0.8  million and a pre-tax loss of $2.9 million in the three month period ended
September  30,  2002  and  2001,  respectively,  resulting from the inability to
recognize  the  deferred  tax  benefits of net operating loss carryforwards both
domestically  and  internationally due to the fact that future taxable income is
not  reasonably  assured  in those locations. In addition, for the quarter ended
September  30,  2002,  Concurrent utilized certain net operating loss carryovers
that were generated prior to the 1991 quasi-reorganization, the benefit of which
was recorded directly to equity rather than as a reduction to federal income tax
expense  as  required  by  SFAS  No.  109,  "Accounting  for  Income  Taxes."

     Net  Income.  Concurrent  recorded  net income of $0.6 million or $0.01 per
basic  and diluted share for the three months ended September 30, 2002, compared
to a net loss of $3.0 million or $0.05 per basic and diluted share for the three
months  ended  September  30,  2001.


                                      -15-
<PAGE>
LIQUIDITY  AND  CAPITAL  RESOURCES

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

     -    The  potential  continued  decline  in  real-time  systems and service
          revenue;
     -    Revenue  from  VOD  systems  and  the pace at which MSOs 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;
     -    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 and
          which  receivables  are  not  included  in  the  borrowing base of the
          revolving  credit  facility;  and
     -    The  number  of  countries  in  which  Concurrent  operates, 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.

     Concurrent  provided  cash of $3.4 million from operating activities during
the three months ended September 30, 2002 compared to using cash of $4.5 million
during  the  three months ended September 30, 2001, primarily due to the Xstreme
division  generating $1.5 million operating profit during the three months ended
September  30, 2002 compared to the $3.7 million operating loss generated by the
Xstreme  division  during  the three months ended September 30, 2001. Concurrent
has  available  a  $5 million revolving credit facility with Wachovia Bank which
expires  December  31, 2002. Borrowings under the facility are limited to 85% of
eligible  accounts  receivable  and  bear interest at between prime plus .75% or
between LIBOR plus 2.25% and LIBOR plus 3.00% depending on Concurrent's ratio of
Consolidated  Funded  Debt  (as  defined  in  the  credit  facility)  to EBITDA.
Concurrent  has  pledged  substantially  all of its assets as collateral for the
facility.  No borrowings were outstanding under the credit facility at September
30, 2002. The credit facility contains financial covenants which limit the ratio
of  total liabilities to tangible net worth, the ratio of funded debt to EBITDA,
and  which  require Concurrent to achieve on a quarterly basis minimum EBITDA in
each  of  Concurrent's  operating  divisions.  Concurrent was in compliance with
these  covenants  as  of  September  30,  2002.  Concurrent is investigating the
extension  of  its  line  of  credit.

     Concurrent  invested  $1.5  million in property, plant and equipment during
the  three  months  ended September 30, 2002 compared to $0.9 million during the
three  months ended September 30, 2001. Current year capital expenditures relate
primarily  to  leasehold  improvements,  product  development,  testing  and
demonstration  equipment for Concurrent's Xstreme division. Concurrent completed
its  obligation  of  providing  an  additional  $3 million loan to Thirdspace in
September  of  2002. This note has a four year term and bears interest at 8% per
annum,  with  interest  payments  commencing  on  December  31,  2002,  and
semi-annually,  thereafter.

     Concurrent  received $24.0 million in net proceeds from a private placement
of  5.4  million  shares  of  common  stock on July 19, 2001, such shares having
subsequently  been  registered  with the Securities and Exchange Commission in a
filing  on  Form  S-3.  In addition, Concurrent received $4,000 and $1.2 million
from the issuance of common stock to employees and directors who exercised stock
options  during  the  three  month  periods  ended  September 30, 2002 and 2001,
respectively.

     At  September 30, 2002, Concurrent had working capital of $41.2 million and
had  no  material commitments for capital expenditures. Management of Concurrent
believes  that  the  existing  cash  balances, the available credit facility and
funds generated by operations will be sufficient to meet the anticipated working
capital  and  capital  expenditure  requirements  for  the  next  12  months.


                                      -16-
<PAGE>
     Concurrent  maintains  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,  2002 and June 30, 2001 as determined in
accordance  with  FAS  No.  87,  "Employers  Accounting for Pensions", was $17.0
million  and  $15.4 million, respectively, and the value of the plans assets was
$12.0  million  and  $12.4  million,  respectively.  As a result, the plans were
underfunded  by  $5.0  million  at June 30, 2002 and by $2.9 million at June 30,
2001. Since June 30, 2002, the value of the plan assets has continued to decline
to  $10.6  million  at September 30, 2002. Due to the decline in the fair market
value  of  the  plans  assets,  it  is  likely  that  the  amount  of Concurrent
contributions to the plans will increase from the $320,000 of contributions made
in  fiscal  2002.  In  addition,  management  expects  the  pension  cost  to be
recognized  in  the  financial  statements  will  increase  from  the  $465,000
recognized  in  fiscal  2002  to approximately $800,000 in fiscal 2003, of which
approximately  $200,000  was recognized in the first quarter ended September 30,
2002.  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.

     As a result of the overall decline in market interest rates, Concurrent may
decide  it  is  necessary to use a lower discount rate in the calculation of its
projected  benefit  obligation.  The  use of a lower discount rate combined with
the decrease in the market value of plan assets is likely to cause the amount of
the underfunded status to increase.  Though we have not yet determined the exact
amount of such underfunding, after completion of the actuarial valuations in the
fourth  quarter  of  fiscal  2003  Concurrent  could  be  required  to record an
additional reduction to stockholders' equity.  Concurrent recorded reductions to
stockholders'  equity in fiscal 2002 and 2001 amounting to $1.6 million and $2.8
million, respectively.  However, we do not believe the underfunded status of the
pension  plans  will  materially  affect  our  results  of operations, financial
position  or  cash flows.  Moreover, given the impact that the discount rate and
stock  market  performance  have  on the projected benefit obligation and market
value  of  plan  assets, future changes in either one of these may significantly
reduce  our  pension  plan  underfunding.

CONTRACTUAL  OBLIGATIONS  AND  COMMERCIAL  COMMITMENTS

     Concurrent's  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" 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 Concurrent's financial condition or results
of  operations  include,  without  limitation:

     -    availability  of  video-on-demand  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  video-on-demand  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
     -    the  entry  of  new  well-capitalized  competitors  into  our markets.


                                      -17-
<PAGE>
     Other  important  risk  factors  are discussed in our Annual Report on Form
10-K  for  the  fiscal  year  ended  June  30,  2002.

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


                                      -18-
<PAGE>
ITEM  3.     QUANTITATIVE  AND  QUALITATIVE  DISCLOSURE  ABOUT  MARKET  RISK

     Concurrent  is  exposed  to  market risk from changes in interest rates and
foreign  currency  exchange  rates.  Concurrent  is  exposed  to  the  impact of
interest  rate  changes  on its short-term cash investments, which are backed 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.
Concurrent  believes  that  the  impact of a 10% increase or decline in interest
rates  would  not  be  material  to  its  investment  income.

     Concurrent  conducts  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.  Concurrent does not hedge against fluctuations
in  exchange  rates  and  believes  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 SEC rules, Concurrent has evaluated the effectiveness of the
design and operation of its disclosure controls and procedures within 90 days of
the  filing date of this quarterly report. 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
Concurrent's  disclosure  controls  and  procedures are effective. There were no
significant  changes  to Concurrent's internal controls or in other factors that
could  significantly  affect  internal  controls subsequent to the date of their
evaluation.

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

PART  II   OTHER  INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS

     From  time  to  time,  Concurrent may be involved in litigation relating to
claims  arising  out  of  its  ordinary  course  of business.  Concurrent is not
presently  involved  in  any  material litigation, but has 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  Concurrent  defamed  SeaChange  International,  Inc.
          ("SeaChange").  On  June  14,  2000, Concurrent counterclaimed against
          SeaChange  alleging  that  SeaChange defamed Concurrent. On January 4,
          2001,  the  court  granted  Concurrent's  motion to dismiss all claims
          against it. SeaChange subsequently appealed and the appeal was granted
          on  October 2, 2002. Concurrent has filed a Petition for Review of the
          appellate  court  ruling  with  the  Supreme Court of Arkansas and the
          petition  is  currently  pending.


                                      -19-
<PAGE>
     -    Eason  v.  Concurrent  Computer  Corp,  et  al.,Superior  Court of New
          ------------------------------------------------
          Jersey,  Case  Mon-L-3284-94.  This  suit arose out of personal injury
          claim  filed  in  1994 alleging that plaintiff was injured when a lamp
          post in Concurrent's parking lot fell. The case against Concurrent was
          dismissed  in  1995,  but  in  2000 the plaintiff amended the cause of
          action and refiled against Concurrent alleging spoliation of evidence.
          The  plaintiff  obtained  a  default judgment for $119,800 in December
          2001  which was vacated in August 2002. Plaintiff subsequently refiled
          and  Concurrent  sought  to  have  the matter dismissed. The court has
          denied  Concurrent's  motion to dismiss, and the case is scheduled for
          trial  in  February  2003.

     Concurrent  is  involved in various other legal proceedings.  Management of
Concurrent believes that any liability to Concurrent which may arise as a result
of  these  proceedings,  including the proceedings specifically discussed above,
will  not  have  a  material adverse effect on Concurrent's financial condition.

ITEM  4.   SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

     Concurrent's  Annual  Meeting of Stockholders was held on October 25, 2002.
The  results  of  voting  were  as  follows:

     -    The  following  persons  were  elected as directors to serve until the
          next  annual  meeting  of stockholders: Alex B. Best (44,956,740 votes
          for,  238,245  votes  withheld),  Michael A. Brunner (44,828,330 votes
          for,  366,655  votes  withheld), Jack A. Bryant (44,981,740 votes for,
          213,245  votes  withheld),  Morton  E.  Handel  (44,783,330 votes for,
          411,655  votes  withheld),  Bruce  N. Hawthorne (44,926,971 votes for,
          268,014  votes  withheld),  C.  Shelton  James  (44,783,340 votes for,
          411,645 votes withheld) and Steve G. Nussrallah (44,378,291 votes for,
          816,694  votes  withheld).
     -    The  selection  by  the Board of Directors of Deloitte & Touche LLP as
          Concurrent's  independent auditors for the fiscal year ending June 30,
          2002 was ratified (44,739,342 votes for, 417,869 votes against, 37,774
          votes  abstained).


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  (incorporated by
           reference  to  the Registrant's Quarterly Report on Form 10-Q for the
           fiscal  quarter  ended  December 28, 1996).

     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
           Registrant's  Annual  Report  on  Form 10-K for the fiscal year ended
           June  30,  1992).

     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).

   11.1* - Statement  Regarding  Composition  of  Per  Share  Earnings.

    99.1 - 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.

    99.2 - 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.


(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/A filed on August 12, 2002 relating to
               amendment  and restatement of the section entitled "Anti-takeover
               Provisions  -  Restated  Certificate of Incorporation and Amended
               and  Restated  Bylaw  Provisions  -  Rights  Plan" of the Current
               Report  on  Form  8-K  filed  on  August  25,  1992.
          -    Current  Report  on Form 8-K filed on August 23, 2002 relating to
               financial  results  for  the  fiscal  year  ended  June 30, 2002.


                                      -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,  2002  to  be  signed  on  its  behalf  by  the  undersigned  thereunto duly
authorized.


Date:  November  13,  2002     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>
                                 CERTIFICATIONS
                                 --------------

I,  Jack  A.  Bryant,  certify  that:

     1.   I  have  reviewed  this  quarterly  report  on Form 10-Q of Concurrent
          Computer  Corporation;

     2.   Based  on  my  knowledge,  this  quarterly report does not contain any
          untrue  statement  of a material fact or omit to state a material fact
          necessary  to  make the statements made, in light of the circumstances
          under  which such statements were made, not misleading with respect to
          the  period  covered  by  this  quarterly  report;

     3.   Based  on  my knowledge, the financial statements, and other financial
          information  included  in this quarterly report, fairly present in all
          material  respects  the financial condition, results of operations and
          cash  flows of the registrant as of, and for, the periods presented in
          this  quarterly  report;

     4.   The  registrant's  other  certifying officer and I are responsible for
          establishing  and  maintaining  disclosure controls and procedures (as
          defined  in  Exchange  Act Rules 13a-14 and 15d-14) for the registrant
          and  we  have:

          a)  designed  such  disclosure  controls and procedures to ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

          b) evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

          c)  presented  in  this  quarterly  report  our  conclusions about the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

     5.   The  registrant's other certifying officer and I have disclosed, based
          on  our  most  recent evaluation, to the registrant's auditors and the
          audit  committee  of  registrant's  board  of  directors  (or  persons
          performing  the  equivalent  function):

          a) all significant deficiencies in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process,  summarize  and  report  financial  data  and  have
          identified  for  the  registrant's auditors any material weaknesses in
          internal  controls;  and

          b)  any  fraud,  whether  or not material, that involves management or
          other  employees  who  have  a  significant  role  in the registrant's
          internal  controls;  and

     6.   The registrant's other certifying officer and I have indicated in this
          quarterly  report  whether  or  not  there were significant changes in
          internal  controls or in other factors that could significantly affect
          internal  controls  subsequent  to  the  date  of  our  most  recent
          evaluation,  including  any  corrective  actions  with  regard  to
          significant  deficiencies  and  material  weaknesses.

Date:  November  13,  2002

                                      /s/  Jack A. Bryant
                                    ---------------------------------
                                    Name:  Jack A. Bryant
                                    Title: President and Chief Executive Officer


                                      -22-
<PAGE>
I,  Steven  R.  Norton,  certify  that:

     1.   I  have  reviewed  this  quarterly  report  on Form 10-Q of Concurrent
          Computer  Corporation;

     2.   Based  on  my  knowledge,  this  quarterly report does not contain any
          untrue  statement  of a material fact or omit to state a material fact
          necessary  to  make the statements made, in light of the circumstances
          under  which such statements were made, not misleading with respect to
          the  period  covered  by  this  quarterly  report;

     3.   Based  on  my knowledge, the financial statements, and other financial
          information  included  in this quarterly report, fairly present in all
          material  respects  the financial condition, results of operations and
          cash  flows of the registrant as of, and for, the periods presented in
          this  quarterly  report;

     4.   The  registrant's  other  certifying officer and I are responsible for
          establishing  and  maintaining  disclosure controls and procedures (as
          defined  in  Exchange  Act Rules 13a-14 and 15d-14) for the registrant
          and  we  have:

          a)  designed  such  disclosure  controls and procedures to ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

          b) evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

          c)  presented  in  this  quarterly  report  our  conclusions about the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

     5.   The  registrant's other certifying officer and I have disclosed, based
          on  our  most  recent evaluation, to the registrant's auditors and the
          audit  committee  of  registrant's  board  of  directors  (or  persons
          performing  the  equivalent  function):

          a) all significant deficiencies in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process,  summarize  and  report  financial  data  and  have
          identified  for  the  registrant's auditors any material weaknesses in
          internal  controls;  and

          b)  any  fraud,  whether  or not material, that involves management or
          other  employees  who  have  a  significant  role  in the registrant's
          internal  controls;  and

     6.   The registrant's other certifying officer and I have indicated in this
          quarterly  report  whether  or  not  there were significant changes in
          internal  controls or in other factors that could significantly affect
          internal  controls  subsequent  to  the  date  of  our  most  recent
          evaluation,  including  any  corrective  actions  with  regard  to
          significant  deficiencies  and  material  weaknesses.

Date:  November  13,  2002

                                      /s/  Steven R. Norton
                                    ---------------------------------
                                    Name:  Steven R. Norton
                                    Title: Executive Vice President, Chief
                                           Financial Officer, and Secretary


                                      -23-
<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  (incorporated by
           reference  to  the Registrant's Quarterly Report on Form 10-Q for the
           fiscal  quarter  ended  December 28, 1996).

     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
           Registrant's  Annual  Report  on  Form 10-K for the fiscal year ended
           June  30,  1992).

     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).

   11.1* - Statement  Regarding  Composition  of  Per  Share  Earnings.

    99.1 - 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.

    99.2 - 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.


<PAGE>