Last $1.29 USD
Change Today 0.00 / 0.00%
Volume 1.5K
FALC On Other Exchanges
Symbol
Exchange
NASDAQ GM
Berlin
As of 9:49 AM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

falconstor software inc (FALC) Key Developments

FalconStor Software Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

FalconStor Software Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $11,302,667 compared to $13,974,139 a year ago. Operating income was $1,448,460 compared to operating loss of $4,550,366 a year ago. Income before income taxes was $1,417,478 compared to loss before income taxes of $5,037,542 a year ago. Net income was $1,330,947 or $0.02 per diluted share compared to $5,207,293 or $0.11 per diluted share a year ago. Non-GAAP loss from operations was of $2,842,493 compared to $4,247,149 a year ago. Non-GAAP net loss was $2,960,006 or $0.06 per diluted share compared to $4,904,106 or $0.10 per diluted share a year ago. The company generated positive cash flow from operations of $1.1 million, compared with positive cash flow from operations of $300,000 in the previous quarter. On an adjusted non-GAAP basis, for the quarter, cash used in operations totaled $200,000, compared with cash flow from operations on an adjusted non-GAAP basis of $900,000 in the previous quarter. For six months, the company reported total revenues of $23,304,166 compared to $29,258,956 a year ago. Operating loss was $1,188,371 compared to $8,423,919 a year ago. Loss before income taxes was $1,169,245 compared to $9,241,885 a year ago. Net loss was $1,470,851 or $0.04 per diluted share compared to $9,587,738 or $0.20 per diluted share a year ago. Non-GAAP loss from operations was of $4,731,379 compared to $7,115,931 a year ago. Non-GAAP net loss was $5,013,859 or $0.10 per diluted share compared to $8,279,750 or $0.17 per diluted share a year ago.

FalconStor Software(R), Inc. Appoints Charles "Chuck" R. Corjay as the Executive Vice President of Strategic Growth

FalconStor Software(R) Inc. announced the appointment of Charles "Chuck" R. Corjay as the Executive Vice President of Strategic Growth for their newly created joint federal team. In his new role, Corjay will be responsible for expanding FalconStor's federal business, focusing on civilian, Department of Defense (DOD), and intelligence agencies. Corjay brings over 40 years of domestic and international business experience, having served a wide range of clients at the Department of Defense and throughout the U.S. Federal government, as well as state and local governments.

Falconstor Software Inc. to Report Q2, 2014 Results on Jul 30, 2014

Falconstor Software Inc. announced that they will report Q2, 2014 results on Jul 30, 2014

Falconstor Software Inc., Q2 2014 Earnings Call, Jul 30, 2014

Falconstor Software Inc., Q2 2014 Earnings Call, Jul 30, 2014

FalconStor Software, Inc. Announces Opening of its New Office and Training Center in Beijing

FalconStor Software Inc. announced the opening of its new office and training center in Beijing. The company's new Beijing office, located in Beijing's CBD area, will act as a major business hub for the Chinese market. The company currently has offices in Beijing and Shanghai, as well as a presence in Wuhan, Guangzhou, Shenzhen, and Hong Kong. The extensive presence allows the company to provide comprehensive, quality support and services to customers and partners across China, Hong Kong, and Macau. Co-located in the company's new Beijing office, the company's China Regional Training Center officially opens as well. The new training facility can accommodate more than 50 people and will be primarily used to provide technical training and product briefings. Additionally, the training center will be used for accreditation of partners and technical classes to Chinese customers. The company's mission is to help customers receive a better technical and product experience and help partners raise their sales and technical support capabilities.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FALC:US $1.29 USD 0.00

FALC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Akamai Technologies Inc $62.53 USD +0.22
Crossroads Systems Inc $2.58 USD +0.06
F5 Networks Inc $126.62 USD +1.18
Guidance Software Inc $6.93 USD +0.01
Imperva Inc $31.49 USD +0.28
View Industry Companies
 

Industry Analysis

FALC

Industry Average

Valuation FALC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FALCONSTOR SOFTWARE INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.