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 Quarter Ended March 31, 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. 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
                                                               ---       ---


Number  of  shares  of the Registrant's Common Stock, par value $0.01 per share,
outstanding  as  of  May  6,  2002  was  61,855,727.


<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   NINE MONTHS ENDED
                                               MARCH 31,          MARCH 31,
                                            2002      2001      2002      2001
                                          ------------------  ------------------
<S>                                       <C>       <C>       <C>       <C>
Revenues:
  Product sales
    Real-time systems                     $ 5,647   $ 6,028   $15,845   $17,477
    Video-on-demand systems                14,576    10,349    30,514    17,618
                                          --------  --------  --------  --------
      Total product sales                  20,223    16,377    46,359    35,095
  Service and other                         4,805     5,704    15,252    17,831
                                          --------  --------  --------  --------
      Total                                25,028    22,081    61,611    52,926

Cost of sales:
  Real-time and video-on-demand systems     9,429     8,744    23,659    18,945
  Service and other                         2,838     3,127     8,651     9,518
                                          --------  --------  --------  --------
      Total                                12,267    11,871    32,310    28,463
                                          --------  --------  --------  --------

Gross margin                               12,761    10,210    29,301    24,463

Operating expenses:
  Sales and marketing                       4,198     4,059    12,526    12,198
  Research and development                  3,861     2,925    10,977     8,374
  General and administrative                2,341     2,551     6,439     8,793
                                          --------  --------  --------  --------
      Total operating expenses             10,400     9,535    29,942    29,365
                                          --------  --------  --------  --------

Operating income (loss)                     2,361       675      (641)   (4,902)

Interest income - net                         154        60       561        77
Other expense - net                           (61)      (14)     (120)     (106)
                                          --------  --------  --------  --------

Income (loss) before income taxes           2,454       721      (200)   (4,931)

Provision for income taxes                    150       150       450       450
                                          --------  --------  --------  --------

Net income (loss)                         $ 2,304   $   571   $  (650)  $(5,381)
                                          ========  ========  ========  ========

Net income (loss) per share
      Basic                               $  0.04   $  0.01   $ (0.01)  $ (0.10)
                                          ========  ========  ========  ========
      Diluted
                                          $  0.04   $  0.01   $ (0.01)  $ (0.10)
                                          ========  ========  ========  ========

    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)


                                              MARCH 31,    JUNE 30,
                                                2002         2001
                                             -----------  ----------
<S>                                          <C>          <C>
    ASSETS

Current assets:
  Cash and cash equivalents                  $   22,408   $   9,460
  Accounts receivable - net                      22,643      14,348
  Inventories                                     8,298       7,187
  Prepaid expenses and other current assets       1,222       1,058
                                             -----------  ----------
    Total current assets                         54,571      32,053

Property, plant and equipment - net              10,461      10,484
Purchased developed computer software             1,441       1,583
Goodwill - net                                   10,744      10,744
Investment in minority owned company              7,000           -
Note receivable from minority owned company       3,000           -
Other long-term assets - net                      2,099       2,188
                                             -----------  ----------
    Total assets                             $   89,316   $  57,052
                                             ===========  ==========

    LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
  Accounts payable and accrued expenses      $   14,575   $  13,929
  Deferred revenue                                3,565       3,300
                                             -----------  ----------
    Total current liabilities                    18,140      17,229

Long-term liabilities:
  Deferred revenue                                  778       1,193
  Other                                           5,269       5,347
                                             -----------  ----------
    Total liabilities                            24,187      23,769

Stockholders' equity:
  Common stock                                      618         551
  Capital in excess of par value                172,522     140,352
  Accumulated deficit                          (103,410)   (102,760)
  Treasury stock                                    (58)        (58)
  Accumulated other comprehensive loss           (4,543)     (4,802)
                                             -----------  ----------
    Total stockholders' equity                   65,129      33,283
                                             -----------  ----------

Total liabilities and stockholders' equity   $   89,316   $  57,052
                                             ===========  ==========

    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)

                                                                  NINE MONTHS ENDED
                                                                       MARCH 31,
                                                                   2002       2001
                                                                 ---------  --------
<S>                                                              <C>        <C>
OPERATING ACTIVITIES

Net loss                                                         $   (650)  $(5,381)
Adjustments to reconcile net loss to net
  cash used in operating activities:
  Accrual of non-cash warrants                                      1,751       759
  Depreciation and amortization                                     3,713     4,394
  Other non cash expenses                                             837     1,821
  Changes in operating assets and liabilities:
     Accounts receivable                                           (8,628)   (6,282)
     Inventories                                                   (1,598)   (4,847)
     Prepaid expenses and other current assets                       (164)      111
     Other long-term assets                                           (11)      530
     Accounts payable and accrued expenses                            646       580
     Deferred revenue                                                (150)    3,923
     Long-term liabilities                                            (20)     (168)
                                                                 ---------  --------
  Total adjustments to net loss                                    (3,624)      821
                                                                 ---------  --------
Net cash used in operating activities                              (4,274)   (4,560)

INVESTING ACTIVITIES

  Net additions to property, plant and equipment                   (3,260)   (2,467)
  Investment in minority owned company                             (4,000)        -
  Note receivable from minority owned company                      (3,000)        -
                                                                 ---------  --------
Net cash used in investing activities                             (10,260)   (2,467)

FINANCING ACTIVITIES

  Net repayment of capital lease obligation                           (58)      (53)
  Proceeds from sale and issuance of common stock                  27,486     3,892
                                                                 ---------  --------
Net cash provided by financing activities                          27,428     3,839

Effect of exchange rates on cash and cash equivalents                  54      (896)
                                                                 ---------  --------

Increase (decrease) in cash and cash equivalents                   12,948    (4,084)
Cash and cash equivalents at beginning of period                    9,460    10,082
                                                                 ---------  --------
Cash and cash equivalents at end of period                       $ 22,408   $ 5,998
                                                                 =========  ========

Cash paid during the period for:
  Interest                                                       $     52   $   249
                                                                 =========  ========
  Income taxes (net of refunds)                                  $    353   $   612
                                                                 =========  ========

Non-cash investing/financing activities:
  Common stock issued for investment in minority owned company   $  3,000   $     -
                                                                 =========  ========

     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  accompanying condensed consolidated financial statements of Concurrent
Computer  Corporation  ("Concurrent")  have been prepared in accordance with the
instructions  to  Form  10-Q  and  therefore  do not include all information and
footnotes  necessary  for  a fair presentation of financial position, results of
operations  and  cash  flows  in conformity with accounting principles generally
accepted  in  the United States of America.  The foregoing financial information
is  unaudited  but  reflects  all  adjustments  which  are,  in  the  opinion of
management,  necessary  for  a  fair presentation of the results for the periods
presented.  All  such  adjustments  are  of  a  normal  recurring  nature.

     While  Concurrent  believes  that the disclosures presented are adequate to
make  the  information  not  misleading,  it  is  suggested that these condensed
consolidated  financial  statements  be  read  in  conjunction  with the audited
consolidated  financial  statements and the notes thereto included in the Annual
Report  on  Form  10-K  as  filed  with  the Securities and Exchange Commission.

     The  results  of  interim  periods  are  not  necessarily indicative of the
results  to  be  expected  for  the  full  fiscal  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 period.
Diluted net income (loss) per share is computed by dividing net income (loss) by
the weighted average number of shares including potential dilutive common shares
issuable.  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.

      The  number  of  shares used in computing basic and diluted net income per
share  for  the three months ended March 31, 2002 was 61,560,000 and 64,767,000,
respectively.  The number of shares used in computing basic and diluted net loss
per  share  for  the nine months ended March 31, 2002 was 60,712,000. Because of
the  loss  for the nine months ended March 31, 2002, the potential common shares
issuable  were anti-dilutive and were not considered in the diluted earnings per
share  calculations.  Common  share equivalents of 3,415,000 for the nine months
ended  March  31,  2002  were excluded from the calculation, as their effect was
antidilutive.

      The  number  of  shares used in computing basic and diluted net income per
share  for  the three months ended March 31, 2001 was 55,021,000 and 57,125,000,
respectively.  The number of shares used in computing basic and diluted net loss
per  share  for  the nine months ended March 31, 2001 was 54,558,000. Because of
the  loss  for the nine months ended March 31, 2001, the potential common shares
issuable  were  antidilutive and were not considered in the diluted earnings per
share  calculations.  Common  share equivalents of 4,334,000 for the nine months
ended  March  31,  2001  were excluded from the calculation, as their effect was
antidilutive.

3.   REVENUE RECOGNITION AND RELATED MATTERS

     Video-on-demand  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
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.


                                      -4-
<PAGE>
     In  certain  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.

     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 the
software  solution  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:

     (DOLLARS  IN  THOUSANDS)

                      MARCH 31,   JUNE 30,
                         2002       2001
                      ----------  ---------

     Raw materials    $    6,744  $   5,709
     Work-in-process       1,406      1,178
     Finished goods          148        300
                      ----------  ---------
                      $    8,298  $   7,187
                      ==========  =========


5.   INVESTMENT IN AND RECEIVABLE FROM MINORITY OWNED COMPANY

     In  March  2002,  Concurrent invested cash of $4 million and issued 291,461
shares  of  its  common  stock  in  exchange  for  1,220,601  series C shares of
Thirdspace  Living  Limited  ("Thirdspace"),  representing  a  14.4%  ownership
interest  in  all  shares outstanding as of the investment date. 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.

     Concurrent  also  loaned  Thirdspace $3 million in exchange for a long-term
convertible  note  receivable,  bearing  interest  at 8% annually, with interest
payments first due December 31, 2002, and semi-annually, thereafter. The note is
convertible  into  series  C  shares of Thirdspace, at the option of Concurrent,
beginning  six  months after the issuance of the note and ending 48 months after
the  issuance  of  the  note.  Concurrent  is  also  obligated,  as  part of the
agreement, to lend an additional $3 million on September 3, 2002, under the same
terms  as the initial $3 million loan. 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 $5,000,000. Other than the prior
lien on Thirdspace's intellectual property, Concurrent's security interest ranks
ratably  with those of other secured creditors. Concurrent has not yet completed
the  allocation  of  the  total  investment  in  Thirdspace to the common stock,
warrant, and convertible note receivable as the appraisals associated with these
securities  are  not  yet  complete.


                                      -5-
<PAGE>
     Concurrent  will account for the common stock and the warrant in Thirdspace
using  the  cost method, as Concurrent does not believe it exercises significant
influence  on Thirdspace. Both the common stock and the warrant will be reviewed
for  impairment  on  a quarterly basis. The convertible note will be recorded at
fair  value  with  changes  in  fair value in future periods being recorded as a
component  of  other  comprehensive  income.

6.   ACCOUNTS  PAYABLE  AND  ACCRUED  EXPENSES

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

     (DOLLARS  IN  THOUSANDS)
                                    MARCH 31,   JUNE 30,
                                       2002       2001
                                    ----------  ---------

     Accounts payable, trade        $    4,302  $   4,277
     Accrued payroll, vacation and
       other employee expenses           5,261      6,090
     Warranty accrual                    2,324        977
     Other accrued expenses              2,688      2,585
                                    ----------  ---------
                                    $   14,575  $  13,929
                                    ==========  =========


7.   COMPREHENSIVE  INCOME

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

<TABLE>
<CAPTION>
     (DOLLARS  IN  THOUSANDS)
                                                   THREE MONTHS ENDED  NINE MONTHS ENDED
                                                        MARCH 31,            MARCH 31,
                                                      2002     2001      2002       2001
                                                    --------  -------  --------  ----------
<S>                                                 <C>       <C>      <C>       <C>
     Net income (loss)                              $  2,304  $  571   $  (650)  $  (5,381)
     Other comprehensive income (loss):
        Foreign currency translation income (loss)       166    (626)      259      (1,071)
                                                    --------  -------  --------  ----------
     Total comprehensive income (loss)              $  2,470  $  (55)  $  (391)  $  (6,452)
                                                    ========  =======  ========  ==========
</TABLE>

8.   SEGMENT INFORMATION

     Concurrent  operates  its  business  in  two  divisions:  real-time  and
video-on-demand  ("VOD").  Concurrent's  Real-Time  Division  is  a  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 VOD
Division  is  a  supplier  of  digital  video  server systems to a wide range of
industries  serving  a  variety  of  markets,  including  the  broadband/cable,
hospitality,  intranet/distance  learning,  and  other  related markets.  Shared
expenses  are  primarily  allocated based on either revenues or headcount. There
were no material intersegment sales or transfers.  Corporate costs include costs
related  to the offices of the Chief Executive Officer, Chief Financial Officer,
Investor Relations and other administrative costs including annual audit and tax
fees,  legal  fees,  Board  of  Director  fees  and  similar  costs.


                                      -6-
<PAGE>
     The  following  summarizes  the  operating income (loss) by segment for the
three-month  periods  ended  March  31,  2002  and March 31, 2001, respectively:

     (DOLLARS  IN  THOUSANDS)
                               THREE MONTHS ENDED MARCH 31, 2002 (UNAUDITED)
                               ---------------------------------------------
                               REAL-TIME      VOD       CORPORATE    TOTAL
                               ----------  ----------  -----------  -------

Revenues:
  Product sales                $    5,647  $   14,576  $        -   $20,223
  Service and other                 4,805           -           -     4,805
                               ----------  ----------  -----------  -------
     Total                         10,452      14,576           -    25,028

Cost of sales
  Systems                           2,054       7,375           -     9,429
  Service and other                 2,838           -           -     2,838
                               ----------  ----------  -----------  -------
     Total                          4,892       7,375           -    12,267
                               ----------  ----------  -----------  -------

Gross margin                        5,560       7,201           -    12,761

Operating expenses
  Sales and marketing               1,696       2,350         152     4,198
  Research and development          1,409       2,452           -     3,861
  General and administrative          627         450       1,264     2,341
                               ----------  ----------  -----------  -------
    Total operating expenses        3,732       5,252       1,416    10,400
                               ----------  ----------  -----------  -------

Operating income (loss)        $    1,828  $    1,949  $   (1,416)  $ 2,361
                               ==========  ==========  ===========  =======

                               THREE MONTHS ENDED MARCH 31, 2001(UNAUDITED)
                               ---------------------------------------------
                               REAL-TIME      VOD       CORPORATE    TOTAL
                               ----------  ----------  -----------  -------
Revenues:
  Product sales                $    6,028  $   10,349  $        -   $16,377
  Service and other                 5,704           -           -     5,704
                               ----------  ----------  -----------  -------
     Total                         11,732      10,349           -    22,081

Cost of sales
  Systems                           3,392       5,352           -     8,744
  Service and other                 3,127           -           -     3,127
                               ----------  ----------  -----------  -------
     Total                          6,519       5,352           -    11,871
                               ----------  ----------  -----------  -------

Gross margin                        5,213       4,997           -    10,210

Operating expenses
  Sales and marketing               1,913       2,027         119     4,059
  Research and development            880       2,045           -     2,925
  General and administrative          495         744       1,312     2,551
                               ----------  ----------  -----------  -------
    Total operating expenses        3,288       4,816       1,431     9,535
                               ----------  ----------  -----------  -------

Operating income (loss)        $    1,925  $      181  $   (1,431)  $   675
                               ==========  ==========  ===========  =======


                                      -7-
<PAGE>
     The  following  summarizes  the  operating income (loss) by segment for the
nine-month  periods  ended  March  31,  2002  and  March 31, 2001, respectively:

     (DOLLARS  IN  THOUSANDS)
                                NINE MONTHS ENDED MARCH 31, 2002 (UNAUDITED)
                               ----------------------------------------------
                               REAL-TIME       VOD       CORPORATE    TOTAL
                               ----------  -----------  -----------  --------

Revenues:
  Product sales                $   15,845  $   30,514   $        -   $46,359
  Service and other                15,252           -            -    15,252
                               ----------  -----------  -----------  --------
     Total                         31,097      30,514            -    61,611

Cost of sales
  Systems                           6,682      16,977            -    23,659
  Service and other                 8,651           -            -     8,651
                               ----------  -----------  -----------  --------
     Total                         15,333      16,977            -    32,310
                               ----------  -----------  -----------  --------

Gross margin                       15,764      13,537            -     29,301

Operating expenses
  Sales and marketing               5,059       7,026          441    12,526
  Research and development          3,913       7,064            -    10,977
  General and administrative        1,379       1,322        3,738     6,439
                               ----------  -----------  -----------  --------
    Total operating expenses       10,351      15,412        4,179    29,942
                               ----------  -----------  -----------  --------

Operating income (loss)        $    5,413  $   (1,875)  $   (4,179)  $  (641)
                               ==========  ===========  ===========  ========


                                NINE MONTHS ENDED MARCH 31, 2001 (UNAUDITED)
                               ----------------------------------------------
                               REAL-TIME       VOD       CORPORATE    TOTAL
                               ----------  -----------  -----------  --------
Revenues:
  Product sales                $   17,477  $   17,618   $        -   $35,095
  Service and other                17,831           -            -    17,831
                               ----------  -----------  -----------  --------
     Total                         35,308      17,618            -    52,926

Cost of sales
  Systems                           9,284       9,661            -    18,945
  Service and other                 9,518           -            -     9,518
                               ----------  -----------  -----------  --------
     Total                         18,802       9,661            -    28,463
                               ----------  -----------  -----------  --------
Gross margin                       16,506       7,957            -    24,463

Operating expenses
  Sales and marketing               5,700       6,059          439    12,198
  Research and development          2,553       5,821            -     8,374
  General and administrative        1,269       1,999        5,525     8,793
                               ----------  -----------  -----------  --------
    Total operating expenses        9,522      13,879        5,964    29,365
                               ----------  -----------  -----------  --------

Operating income (loss)        $    6,984  $   (5,922)  $   (5,964)  $(4,902)
                               ==========  ===========  ===========  ========


                                      -8-
<PAGE>
9.   RECENT ACCOUNTING PRONOUNCEMENTS

     In  June  2001, the FASB issued Statements No. 141, "Business Combinations"
("SFAS  141"), and No. 142, "Goodwill and Other Intangible Assets" ("SFAS 142").
SFAS  141  provides that all business combinations initiated after June 30, 2001
shall be accounted for using the purchase method.  In addition, it provides that
the  cost  of  an  acquired  entity  must  be  allocated to the assets acquired,
including identifiable intangible assets, and liabilities assumed based on their
estimated fair values at the date of acquisition.   Under SFAS 142, goodwill and
intangible  assets with indefinite lives will no longer be amortized but will be
subject to annual impairment tests.  Other intangible assets will continue to be
amortized  over  their  useful  lives.  SFAS  142  is effective for fiscal years
beginning after December 15, 2001.  All goodwill and other intangible assets are
in the VOD Division.  As permitted, Concurrent early-adopted these statements as
of  July  1,  2001,  the  beginning  of  its  fiscal  year.

     In  connection  with  the  adoption  of  SFAS  142, Concurrent performed an
impairment  assessment  and  deemed  that no impairment loss was necessary.  Any
subsequent impairment losses will be reflected in operating income in the income
statement.

     Also  in accordance with SFAS 142, Concurrent discontinued the amortization
of goodwill effective July 1, 2001.  A reconciliation of previously reported net
income  and  earnings  per  share  to  the amounts adjusted for the exclusion of
goodwill  amortization  net  of  the  related  income  tax  effect  follows:

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

                                                   THREE MONTHS ENDED  NINE MONTHS ENDED
                                                        MARCH 31,          MARCH 31,
                                                      2002     2001      2002      2001
                                                     -------  -------  --------  --------
<S>                                                  <C>      <C>      <C>       <C>
     Reported net income (loss)                      $ 2,304  $   571  $  (650)  $(5,381)
     Add:  Goodwill amortization                           -      309        -       927
                                                     -------  -------  --------  --------
     Adjusted net income (loss)                      $ 2,304  $   880  $  (650)  $(4,454)
                                                     =======  =======  ========  ========

     Basic and diluted income (loss) per share:
     Reported net income (loss)                      $  0.04  $  0.01  $ (0.01)  $ (0.10)
     Goodwill amortization                                 -     0.01        -      0.02
                                                     -------  -------  --------  --------
     Adjusted net income (loss)                      $  0.04  $  0.02  $ (0.01)  $ (0.08)
                                                     =======  =======  ========  ========

     Weighted average shares outstanding - basic      61,560   55,021   60,712    54,558
                                                     =======  =======  ========  ========
     Weighted average shares outstanding - diluted    64,767   57,125   60,712    54,558
                                                     =======  =======  ========  ========
</TABLE>

     In  June  2001,  the  FASB  issued Statement No. 143, "Accounting for Asset
Retirement  Obligations" ("SFAS 143").  SFAS 143 requires entities to record the
fair  value  of  a liability for an asset retirement obligation in the period in
which  it  is  incurred  and requires that the amount recorded as a liability be
capitalized  by  increasing the carrying amount of the related long-lived asset.
Subsequent  to  initial  measurement,  the liability is accreted to the ultimate
amount  anticipated to be paid, and is also adjusted for revisions to the timing
or amount of estimated cash flows.  The capitalized cost is depreciated over the
useful  life  of the related asset.  Upon settlement of the liability, an entity
either  settles  the obligation for its recorded amount or incurs a gain or loss
upon  settlement.  SFAS 143 is required to be adopted for fiscal years beginning
after  June 15, 2002, with earlier application encouraged.  The adoption of SFAS
143 is not expected to have a material effect on Concurrent's financial position
and  results  of  operations.


                                      -9-
<PAGE>
     In  August  2001,  the  FASB  issued Statement No. 144, "Accounting for the
Impairment  or  Disposal  of  Long-Lived  Assets"  ("SFAS  144"). This statement
supersedes SFAS No. 121, "Accounting for the Impairment of Long-Lived Assets and
for  Long-Lived  Assets  to  be  Disposed  of." SFAS 144 retains the fundamental
provisions of SFAS No. 121 for (a) recognition and measurement of the impairment
of  long-lived  assets  to  be  held  and used and (b) measurement of long-lived
assets  to  be  disposed  of  by  sale.  SFAS  144 is effective for fiscal years
beginning  after  December 15, 2001. The adoption of SFAS 144 is not expected to
have  a  material  effect  on  Concurrent's  financial  position  and results of
operations.

10.  ISSUANCE OF NON-CASH WARRANTS

     On  March 29, 2001, Concurrent entered into a 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
quarter  end  as  compared  to  the  prior quarter end multiplied by a specified
percentage  is  the  number  of  additional  warrants that are earned during the
quarter.  These  warrants  are  referred  to  as  the  "Performance  Warrants".
Concurrent  issued  a performance warrant for 4,431 shares to Comcast on October
9, 2001, exercisable at $6.251 per share over a four-year term.  Concurrent also
issued  a  performance warrant for 52,511 shares to Comcast on January 15, 2002,
exercisable  at  $15.019  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 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 March 31, 2002, Concurrent recognized $242,000 as an
increase  in  revenue  for the Performance Warrants and Cliff Warrants that have
been  accrued  for  but  not  yet  issued.  This  increase  was due to a revised
estimate  of the number of Comcast basic cable subscribers that have the ability
to  utilize the VOD system and a decrease in the value of the warrants using the
Black-Scholes  valuation  model.  For  the  nine  months  ended  March 31, 2002,
Concurrent  recognized  $450,000  as  a reduction to revenue for the Performance
Warrants  and  Cliff  Warrants  that  have  been accrued for but not yet issued.

     The  value  of the warrants is determined using the Black-Scholes valuation
model.  The weighted assumptions used for the quarter ended March 31, 2002 were:
expected dividend yield - 0%; risk free interest rate  - 4.57%; expected life  -
4  years;  expected volatility - 125.2%. Concurrent will adjust recorded revenue
for  the adjusted value of the earned but unissued warrants on a quarterly basis
using  the Black-Scholes valuation model until the warrants are actually issued.

     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 the
warrant  will  be  exercisable  over  a  four-year  term.

     In  accordance  with  a  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.  For the three months and nine months ended March 31, 2002,
Concurrent  accrued  $576,000  and  $1,301,000,  respectively,  as a part of VOD
systems  cost  of  sales for SAI performance warrants that have been accrued but
not  yet  issued.  The warrant earned as a result of the cumulative revenue from
sales  of  VOD  servers  using  the  SAI platform reaching the first $30 million
revenue  target  during  the  quarter  ended  March 31, 2002 will be for 261,164
shares  of  Concurrent  common  stock,  exercisable  at  $7.106 per share over a
four-year  term.


                                      -10-
<PAGE>
11.  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 March 31, 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  March  31,  2002  under  the 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  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 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 10 to
the  condensed  consolidated  financial  statements).

     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 March 31, 2002 were:
expected dividend yield - 0%; risk free interest rate  - 4.57%; expected life  -
4  years;  expected volatility - 125.2%. 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 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.  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.


                                      -11-
<PAGE>
     In  accordance  with  a  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  March 31, 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.  Any  subsequent impairment losses, if any, will be reflected in
operating  income  in  the  income  statement.

   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 June 30, 2001 and March
31,  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  March  31,  2002,  Concurrent  had  approximately a $7 million minority
interest  in  Thirdspace,  as well as a $3 million long-term note receivable due
from  Thirdspace.  The  fair  value  of  the  long-term  investment  in and note
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  note  receivable,
Concurrent  will


                                      -12-
<PAGE>
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.


                                      -13-
<PAGE>
SELECTED  OPERATING  DATA  AS  A  PERCENTAGE  OF  TOTAL  REVENUE

     The  following  table sets forth selected operating data as a percentage of
total  revenue  for  certain  items  in  Concurrent's consolidated statements of
operations  for  the  periods  indicated.

<TABLE>
<CAPTION>
                                                  THREE MONTHS ENDED  NINE MONTHS  ENDED
                                                       MARCH 31,          MARCH 31,
                                                  ------------------  ------------------
                                                    2002      2001      2002      2001
                                                  --------  --------  --------  --------
                                                      (Unaudited)        (Unaudited)
<S>                                               <C>       <C>       <C>       <C>
Net sales:
  Product sales (% of total sales):
    Real-time systems                                22.6%     27.3%     25.7%     33.0%
    Video-on-demand systems                          58.2      46.9      49.5      33.3
                                                  --------  --------  --------  --------
      Total product sales                            80.8      74.2      75.2      66.3
  Service and other                                  19.2      25.8      24.8      33.7
                                                  --------  --------  --------  --------
      Total                                         100.0     100.0     100.0     100.0

Cost of sales (% of respective sales category):
  Real-time and video-on-demand systems              46.6      53.4      51.0      54.0
  Service and other                                  59.1      54.8      56.7      53.4
                                                  --------  --------  --------  --------
      Total                                          49.0      53.8      52.4      53.8
                                                  --------  --------  --------  --------

Gross margin                                         51.0      46.2      47.6      46.2

Operating expenses:
  Sales and marketing                                16.8      18.4      20.3      23.0
  Research and development                           15.4      13.2      17.8      15.8
  General and administrative                          9.4      11.6      10.5      16.6
                                                  --------  --------  --------  --------
      Total operating expenses                       41.6      43.2      48.6      55.5
                                                  --------  --------  --------  --------

Operating income (loss)                               9.4       3.1      (1.0)     (9.3)

Interest income - net                                 0.6       0.3       0.9       0.1
Other expense - net                                  (0.2)     (0.1)     (0.2)     (0.2)
                                                  --------  --------  --------  --------

Income (loss) before income taxes                     9.8       3.3      (0.3)     (9.3)

Provision for income taxes                            0.6       0.7       0.7       0.9
                                                  --------  --------  --------  --------

Net income (loss)                                     9.2%      2.6%    (1.1)%   (10.2)%
                                                  ========  ========  ========  ========
</TABLE>


                                      -14-
<PAGE>
                              RESULTS OF OPERATIONS

THE  QUARTER  ENDED  MARCH 31, 2002 COMPARED TO THE QUARTER ENDED MARCH 31, 2001

     Product Sales.  Total product sales were $20.2 million for the three months
ended  March  31,  2002, an increase of $3.8 million or 23.5% from $16.4 million
for  the  three  months  ended  March 31, 2001.  This increase resulted from VOD
product  sales  increasing  by  $4.2 million to $14.6 million in the three month
period ended March 31, 2002 from $10.3 million for the same period in 2001.  The
increase  in  VOD  product  sales is due to the increase in VOD server purchases
from  a  single  domestic  multiple  system  cable operator, which accounted for
approximately  81.0%  of VOD system revenue in the quarter ended March 31, 2002.
Sales  of  real-time  products decreased 6.3% to $5.6 million in the three month
period  ended  March  31, 2002 from $6.0 million in the three month period ended
March 31, 2001, partially offsetting the increase in VOD product sales. Sales to
one particular real-time customer accounted for approximately 71.4% of real-time
product  sales  in  the  quarter  ended  March  31,  2002.

     Service  and Other Sales. Service and other sales decreased $0.9 million or
15.8%  to  $4.8  million  for  the  three  months ended March 31, 2002 from $5.7
million  for  the  three  months  ended  March  31,  2001.  The decline resulted
primarily  from  customers  switching  from  proprietary  real-time  systems  to
Concurrent's  open  systems  which  are  less  expensive  to  maintain,  and the
cancellation of other proprietary computer maintenance contracts as the machines
are  removed  from  service.

     Gross  Margin.  The  gross  margin increased 25.0% to $12.8 million for the
three  months ended March 31, 2002 from $10.2 million for the three months ended
March 31, 2001.  The gross margin as a percentage of sales increased to 51.0% in
the three month period ended March 31, 2002 from 46.2% in the three month period
ended March 31, 2001, due to increases in both VOD and real-time product margins
in  the  current  year quarter.  VOD product gross margins increased to 49.4% in
the three month period ended March 31, 2002 from 48.3% in the three month period
ended  March  31,  2001, due to improved efficiencies in the new MediaHawk model
3000  server.  Improved  VOD product gross margins also increased due to certain
fixed  customer  service  and support costs being spread over higher VOD product
sales  volume.  As  revenue from sales of VOD servers continues to increase as a
percentage  of  total  revenue,  overall  gross  margins will move closer to the
margins  realized  on sales of its VOD servers.  Real-time product gross margins
increased  to 63.6% for the three months ended March 31, 2002 from 43.7% for the
three  months ended March 31, 2001, primarily due to a favorable product mix and
strong  margins  on  hardware  and  software  product  sales  to  one particular
customer.  The gross margin on service and other sales declined to 40.9% for the
three  months  ended  March  31,  2002  from  45.2%  for the same period in 2001
because,  as service revenues continued to decline, service expenses were unable
to  be  reduced  pro-rata  in  order  to  ensure  quality  service  and  fulfill
contractual  agreements.

     Sales  and  Marketing.  Sales  and  marketing  expenses  decreased  as  a
percentage  of  sales  to  16.8%  for the three months ended March 31, 2002 from
18.4%  for  the  three  months  ended  March 31, 2001.  These expenses increased
slightly  to  $4.2  million  in the three month period ended March 31, 2002 from
$4.1  million in the three month period ended March 31, 2001, primarily due to a
$0.2 million increase in domestic VOD sales and marketing personnel costs.  This
increase  was  partially  offset  by  a  $0.1 million decrease in  international
real-time  marketing  personnel  costs.

     Research and Development.  Research and development expenses increased as a
percentage  of  sales  to  15.4% for the three month period ended March 31, 2002
from  13.2%  for  the  three  month period ended March 31, 2001.  These expenses
increased  to  $3.9  million in the three month period ended March 31, 2002 from
$2.9  million  in  the  three month period ended March 31, 2001 due to personnel
additions  in  both  the Real-Time and VOD research and development departments.
The Real-Time Division's research and development expense increased $0.4 million
due  to  additional  resources  required  for development of the new Linux based
real-time  operating system.   The VOD Division also added new development staff
in  the  first  three  quarters  of  fiscal  year  2002  to  focus  on  TV Guide
integrations,  targeted  and interactive advertising integration, development of
Concurrent's  personal  video  channel  (pTV(TM))


                                      -15-
<PAGE>
technology, and next generation server and server architectures.  The additional
VOD  research  and development personnel resulted in an increase of $0.3 million
while  additional  facility costs increased $0.1 million during the three months
ended  March  31,  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 9.4% for the three months ended March 31, 2002 from
11.6% during the same period in the prior year. These expenses decreased to $2.3
million  in the three month period ended March 31, 2002 from $2.6 million in the
same  period  ended  March  31,  2001,  primarily  due  to  the  July  1,  2001
implementation  of  SFAS  142. In accordance with SFAS 142, goodwill relating to
the  acquisition  of  Vivid  Technology,  Inc.  is  no  longer  amortized.
Discontinuation  of this goodwill amortization expense decreased VOD general and
administrative  expense  by  $0.3 million for the three month period ended March
31,  2002  versus  the  same  period  in  the  prior  year.

     Interest  Income  (Expense).  Included in interest income (expense) for the
three  month  period  ended  March  31,  2002 is $0.2 million of interest income
earned  on  the net proceeds from the private placement of 5.4 million shares of
common  stock  that  was  completed  in  July  2001.

     Income  Taxes.  Concurrent  recorded  income  tax  expense  for its foreign
subsidiaries of $150,000 in each of the three month periods ended March 31, 2002
and  March  31, 2001 based on pre-tax income of $2.5 million and $0.7 million in
the  three  month  period ended March 31, 2002 and March 31, 2001, respectively,
due  to  the  inability  to utilize domestic net operating loss carryforwards to
offset  taxable  income  in  certain  foreign  locations.

     Net  Income.  Concurrent  recorded  net income of $2.3 million or $0.04 per
basic  and  diluted share for the three months ended March 31, 2002, compared to
net  income  of  $0.6 million or $0.01 per basic and diluted share for the three
months  ended  March  31,  2001.

THE NINE MONTHS ENDED MARCH 31, 2002 COMPARED TO THE NINE MONTHS ENDED MARCH 31,
2001

     Product  Sales.  Total product sales were $46.4 million for the nine months
ended  March  31, 2002, an increase of $11.3 million or 32.1% from $35.1 million
for the nine months ended March 31, 2001. This increase primarily results from a
$12.9  million,  or  73.2% increase in VOD product sales to $30.5 million in the
nine month period ended March 31, 2002 from $17.6 million for the same period in
2001.  The increase in VOD product sales is primarily due to the increase in VOD
server  purchases  from  a  single  domestic cable operator, which accounted for
approximately 80.0% of VOD system revenue during the nine months ended March 31,
2002.  Sales  of  real-time products decreased 9.3% to $15.8 million in the nine
month  period  ended  March 31, 2002 from $17.5 million in the nine month period
ended March 31, 2001, primarily due to an order from a single customer in fiscal
2001  of  approximately  $2.0  million,  which  was not repeated in fiscal 2002.

     Service and Other Sales.  Service and other sales decreased $2.6 million or
14.5%  to  $15.3  million  for  the  nine months ended March 31, 2002 from $17.8
million for the nine months ended March 31, 2001. The decline resulted primarily
from customers switching from proprietary real-time systems to Concurrent's open
systems which are less expensive to maintain, and from the cancellation of other
proprietary  computer  maintenance  contracts  as  the machines are removed from
service.

     Gross  Margin.  The  gross  margin increased 19.8% to $29.3 million for the
nine  months  ended  March 31, 2002 from $24.5 million for the nine months ended
March  31,  2001.  The  gross margin as a percentage of sales increased to 47.6%
for  the  nine  month period ended March 31, 2002 compared to 46.2% for the same
period  ended March 31, 2001, primarily due to higher real-time product margins.
VOD product gross margins decreased to 44.4% for the nine months ended March 31,
2002  from  45.2% during the same period ended March 31, 2001.  This decrease is
due  to the $0.5 million reduction in revenue during the nine months ended March
31,  2002  from warrants accrued for but not yet issued to Comcast (see footnote
10  to  the  condensed  consolidated financial statements) compared to a smaller


                                      -16-
<PAGE>
$0.3  million reduction in revenue from these warrants for the nine months ended
March 31, 2001.  Real-time product gross margins increased to 57.8% for the nine
months  ended  March  31, 2002 compared to 46.9% for the nine months ended March
31,  2001,  primarily  due  to  a  favorable  product  mix and strong margins on
hardware  and  software  product  sales  to  one particular customer.  The gross
margin  on  service  and other sales declined to 43.3% for the nine months ended
March 31, 2002 compared to 46.6% for the same period in 2001 because, as service
revenues  continued  to  decline,  service  expenses  were  unable to be reduced
pro-rata  in order to ensure quality service and fulfill contractual agreements.

     Sales  and  Marketing.  Sales  and  marketing  expenses  decreased  as  a
percentage of sales to 20.3% for the nine months ended March 31, 2002 from 23.0%
for  the nine months ended March 31, 2001.  These expenses increased slightly to
$12.5  million  in the nine month period ended March 31, 2002 from $12.2 million
in  the  nine month period ended March 31, 2001, primarily due to a $0.6 million
increase  in domestic VOD sales and marketing personnel costs, as well as a $0.2
million  increase  in VOD sales and marketing department facilities costs.  This
increase  was  partially offset by a $0.2 million decrease in domestic real-time
compensation  expense  and  a  $0.4  million decrease in international real-time
marketing  personnel  and  facilities  costs.

     Research and Development.  Research and development expenses increased as a
percentage of sales to 17.8% for the nine month period ended March 31, 2002 from
15.8%  for the nine month period ended March 31, 2001.  These expenses increased
to $11.0 million in the nine month period ended March 31, 2002 from $8.4 million
in the nine month period ended March 31, 2001 due to personnel additions in both
the  real-time  and  VOD  research  and  development departments.  The Real-Time
Division's  research  and  development  expense  increased  $1.1  million due to
additional  resources  required for development of the new Linux based real-time
operating  system.   The  VOD  division  also added new development staff in the
first  three  quarters  of  fiscal  year 2002 to focus on TV Guide integrations,
targeted  and  interactive  advertising integration, development of Concurrent's
personal  video  channel  (pTV(TM))  technology,  and next generation server and
server  architectures.  The  additional  VOD  research and development personnel
resulted  in  an increase of $1.3 million during the nine months ended March 31,
2002  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% of sales for the nine-month period ended March
31,  2002  from  16.6% for the nine-month period March 31, 2001.  These expenses
decreased  to  $6.4  million  in  the nine months ended March 31, 2002 from $8.8
million  in  the  same  period  ended  March  31,  2001,  primarily  due  to  a
non-recurring  $1.2  million  severance charge recorded in the nine-month period
ended  March  31,  2001.  In  addition, after the July 1, 2001 implementation of
SFAS  142,  goodwill relating to the acquisition of Vivid Technology, Inc. is no
longer  amortized.  Discontinuation  of  this  goodwill  amortization  expense
decreased  VOD  general  and administrative expense by $0.9 million for the nine
months  ended  March  31,  2002  compared  to the same period in the prior year.
Furthermore,  accounting  related  costs decreased $0.2 million primarily due to
consolidation  of accounting departments that existed in both Duluth, GA and Ft.
Lauderdale,  FL  during  part  of  the  nine  months  ended  March  31,  2001.

     Interest  Income  (expense).  Included in interest income (expense) for the
nine month period ended March 31, 2002 is $0.5 million of interest income earned
on  the  net proceeds from the private placement of 5.4 million shares of common
stock  that  was  completed  in  July  2001.

     Income  Taxes.  Concurrent  recorded  income  tax  expense  for its foreign
subsidiaries  of $450,000 in each of the nine month periods ended March 31, 2002
and  March  31,  2001  on  pre-tax  losses  of  $0.2  million  and $4.9 million,
respectively,  due  to  the inability to recognize the future tax benefit of the
respective  periods'  net  operating  loss.

     Net Loss. Concurrent recorded a net loss of $0.7 million or $0.01 per basic
and  diluted  share  for the nine months ended March 31, 2002, compared to a net
loss  of  $5.4  million or $0.10 per basic and diluted share for the nine months
ended  March  31,  2001.


                                      -17-
<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  actual  versus  anticipated  decline  in  sales  of  real-time
          proprietary  systems  and  service  maintenance  revenue;
     -    Revenues  from  open  real-time  systems;
     -    Revenue  growth  from  VOD  systems;
     -    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  used  cash  of  $4.3  million  and  $4.6  million  in operating
activities  during  the  nine-month  periods  ended March 31, 2002 and March 31,
2001,  respectively,  primarily  due to the losses generated by Concurrent's VOD
business  and  uses  of  working capital.  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 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 at March
31,  2002  under  the  credit  facility.  The credit facility contains financial
covenants  which  limit the ratio of total liabilities to tangible net worth and
which  require Concurrent to achieve on a quarterly basis minimum EBITDA in each
of  Concurrent's  operating  divisions.

     Concurrent  invested  $3.3  million and $2.5 million in property, plant and
equipment during the nine-month periods ended March 31, 2002 and March 31, 2001,
respectively.  Current  year  capital  expenditures primarily relate to computer
equipment  and  development  equipment  for  Concurrent's  VOD Division, and for
real-time  and  VOD  manufacturing  equipment in Fort Lauderdale. In March 2002,
Concurrent  also  made a $4.0 million cash investment in exchange for a minority
interest  in  Thirdspace  and  loaned  Thirdspace $3.0 million in exchange for a
long-term  note  receivable. On September 3, 2002, Concurrent expects to loan an
additional  $3  million  to  the  same  company. Both notes receivable will bear
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 Concurrent's common stock on July 19, 2001, such shares
having  subsequently  been  registered  in a filing on form S-3. Concurrent also
received  $3.5  million  and  $3.9  million from the issuance of common stock to
employees  and  directors  who  exercised  stock  options  during  each  of  the
nine-month  periods  ended  March  31,  2002  and  March 31, 2001, respectively.

     On  March  31,  2002,  Concurrent's  working capital was $36.4 million, and
Concurrent  did  not  have  any  material  commitments for capital expenditures.
Concurrent  believes  that  existing  cash  balances  and  funds  expected to be
generated  by  operations  will  be  sufficient to meet Concurrent's anticipated
working capital and capital expenditure requirements for the next twelve months.


                                      -18-
<PAGE>
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 prospectus 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  our  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.

     Other  important  risk  factors are discussed in our Current Report on Form
8-K,  dated  October  22,  2001,  incorporated  herein  by  reference.

     In any one quarter a substantial portion of VOD revenue may be derived from
a  single  customer.  For the three months and nine months ended March 31, 2002,
revenue  from  a  single  customer accounted for 81.0% and 80.0% of VOD revenue,
respectively.  The  single  customer  in  any  given  quarter that makes up such
revenue  may  vary between several different multiple system cable operators. At
June  30, 2001 and March 31, 2002, this same customer made up 26.2% and 54.2% of
trade  accounts  receivable,  respectively.

     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.


                                      -19-
<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 3 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.


PART  II     OTHER  INFORMATION

ITEM  2.  CHANGES  IN  SECURITIES  AND  USE  OF  PROCEEDS

     On  July  19,  2001,  Concurrent  closed on the sale of 5,400,000 shares of
Common  Stock  to private investors at a price of $4.80 per share.  Net proceeds
to  Concurrent,  after  fees  and  expenses,  were  approximately $24.0 million.
Raymond James & Associates, Inc. acted as placement agent in the sale.  The sale
was  a  privately  negotiated sale to selected institutional investors and other
accredited  investors.  The  shares  were  exempt  from  registration  under the
Securities  Act  of  1933  pursuant  to  Section  4(2)  thereof  and Rule 506 of
Regulation D promulgated thereunder.  Concurrent intends to use the proceeds for
working  capital,  sales  and  marketing  activities,  product  development  and
support,  potential  acquisitions  and  investments,  capital  expenditures  and
general  corporate  purposes.  Concurrent  subsequently registered the resale of
all of the shares on a Form S-3 registration statement (no. 333-61172), filed on
May  17,  2001  and  declared  effective  on  July  19,  2001.

ITEM  6.     EXHIBITS  AND  REPORTS  ON  FORM  8-K

(a)  Exhibits:

     (11) Statement  on  computation  of  per  share  earnings

(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 filed on January 29, 2002 relating to
               financial  results  for  the  quarter  ended  December  31, 2001.
          -    Current  Report  on  Form 8-K filed on March 20, 2002 relating to
               the  investment  in  Thirdspace  Living  Limited.


                                      -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 March 31,
2002  to  be  signed on its behalf by the undersigned thereunto duly authorized.


Date: May 6, 2002         CONCURRENT  COMPUTER  CORPORATION




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


                                      -21-
<PAGE>