Last $1.19 USD
Change Today +0.04 / 3.48%
Volume 21.0K
FALC On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 5:20 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

falconstor software inc (FALC) Snapshot

Open
$1.14
Previous Close
$1.15
Day High
$1.19
Day Low
$1.13
52 Week High
06/10/14 - $1.80
52 Week Low
09/25/14 - $1.11
Market Cap
53.8M
Average Volume 10 Days
71.5K
EPS TTM
$-0.10
Shares Outstanding
45.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FALCONSTOR SOFTWARE INC (FALC)

Related News

No related news articles were found.

falconstor software inc (FALC) Related Businessweek News

No Related Businessweek News Found

falconstor software inc (FALC) Details

FalconStor Software, Inc. develops, manufactures, and sells data migration, business continuity, disaster recovery, optimized backup, and de-duplication solutions worldwide. It builds products and solutions based on its IPStor software platform, which delivers storage virtualization, continuous data protection, WAN-optimized replication, and disaster recovery (DR) automation services to data centers. The company’s business continuity and disaster recovery products include Network Storage Server solution that provides data storage provision and migration; Continuous Data Protector that combines local and remote protection into a disk-based solution, which allows organizations to recover data back to the most recent transaction; and RecoverTrac, a disaster recovery automation tool that streamlines the implementation, testing, and execution of DR operations. Its backup optimization products comprise Virtual Tape Library, a solution that reduces the amount of data needed to be stored on disk; and File-Interface Deduplication System that allows companies to optimize storage capacity services for disk-to-disk backup and archiving applications. The company also provides maintenance, implementation, and engineering services. FalconStor Software, Inc. offers its solutions for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster; and to facilitate data and system restoration by minimizing impacts to business productivity. The company sells its products through value-added resellers or solution providers, system integrators, managed service providers, direct market resellers, distributors, and original equipment manufacturers. FalconStor Software, Inc. was founded in 1989 and is headquartered in Melville, New York.

277 Employees
Last Reported Date: 07/31/14
Founded in 1989

falconstor software inc (FALC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $317.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $225.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $280.0K
Compensation as of Fiscal Year 2013.

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

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FALC:US $1.19 USD +0.04

FALC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Akamai Technologies Inc $58.24 USD -1.56
F5 Networks Inc $117.08 USD -1.66
Guidance Software Inc $6.42 USD -0.31
Imperva Inc $27.81 USD -0.92
NETGEAR Inc $31.28 USD +0.03
View Industry Companies
 

Industry Analysis

FALC

Industry Average

Valuation FALC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FALCONSTOR SOFTWARE INC, please visit www.falconstor.com. 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.