FalconStor Software, Inc. (FALC)

OTCMKTS: FALC · Delayed Price · USD
1.35
-0.10 (-6.90%)
Dec 5, 2022 4:00 PM EST - Market closed
-6.9%
Market Cap 10.32M
Revenue (ttm) 11.31M
Net Income (ttm) -2.50M
Shares Out 7.12M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 214
Open 1.35
Previous Close 1.45
Day's Range 1.45 - 1.45
52-Week Range 0.07 - 3.9
Beta 1.58
Analysts n/a
Price Target n/a
Earnings Date Nov 9, 2022

About FALC

FalconStor Software, Inc., a storage software company, enables enterprise customers and managed service providers to secure, migrate, and protect their data worldwide. The company offers FalconStor Virtual Tape Library, a software that emulates and replaces cumbersome legacy physical tape libraries for archive related data preservation without being forced to replace their enterprise backup and archive software and associated processes; FalconStor StorSafe, a long-term archive data management software; FalconStor Continuous Data Protector deliv... [Read more]

Industry Software
CEO Todd Brooks
Employees 61
Stock Exchange OTCMKTS
Ticker Symbol FALC
Full Company Profile

Financial Performance

In 2021, FALC's revenue was $14.18 million, a decrease of -3.98% compared to the previous year's $14.77 million. Earnings were $203,332, a decrease of -81.22%.

Financial Statements

News

FalconStor Software Announces Third Quarter of 2022 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. today announced financial results for its third quarter 2022, which ended on September 30, 2022.

3 weeks ago - Business Wire

FalconStor Software Announces Second Quarter of 2022 Results

AUSTIN, Texas--(BUSINESS WIRE)-- #IBM--FalconStor Software, Inc. announced financial results for its second quarter 2022, which ended on June 30, 2022.

4 months ago - Business Wire

FalconStor Software Announces First Quarter of 2022 Results

AUSTIN, TEXAS--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announ...

6 months ago - Business Wire

FalconStor Software Announces New Strategic Relationship with IBM to Accelerate Cloud Migration and Hybrid Cloud Back...

AUSTIN, TEXAS--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCQB: FALC) announced a new strategic relationship with IBM to provide jointly-validated solutions for IBM Power Systems.

6 months ago - Business Wire

FalconStor Software Announces Fourth Quarter and Full Year 2021 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBMi--FalconStor announced financial results for its fourth quarter and full year 2021, with a 40% year-over-year increase in subscription revenue for 2021.

8 months ago - Business Wire

FalconStor Software Names Vincent Sita as Chief Financial Officer

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBMi--FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cl...

9 months ago - Business Wire

FalconStor Expands Reseller Relationship with Hitachi Vantara to Provide Advanced Disaster Recovery and Cloud-Enabled...

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc., the trusted data protection software leader, announced the expansion of its go-to-market relationship with Hitachi Vantara.

9 months ago - Business Wire

FalconStor Appoints Doug Balog, IT Infrastructure Veteran and Former IBM Executive, as Strategic Executive Advisor

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc., the trusted data protection software leader, announced that former IBM executive Doug Balog has joined its advisory board.

10 months ago - Business Wire

FalconStor Software Announces Third Quarter of 2021 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. announced financial results for its third quarter in 2021, delivering a 35% year-over-year increase in subscription revenue.

1 year ago - Business Wire

FalconStor Software Announces Second Quarter and First Half 2021 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. (OTCQB: FALC) announced financial results for its second quarter and first half of fiscal year 2021.

1 year ago - Business Wire

FalconStor Software Announces Pricing of Its Public Offering of Common Stock

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. announced the pricing of an underwritten registered public offering of 285,000 newly issued shares of its common stock.

1 year ago - Business Wire

FalconStor Software Announces First Quarter 2021 Results Including 20% Total Revenue Growth, GAAP Net Income After Ta...

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #backup--FalconStor Software, a data protection leader modernizing backup & archival, announced financial results for its first quarter of fiscal year 2021.

1 year ago - Business Wire

FalconStor Enhances Cloud-Based Data Protection Solution with Massive Expansion of Capabilities, Ecosystem and Channel

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor, the data protection leader modernizing backup and archival for the cloud world, has enhanced its cloud-based data protection solution.

1 year ago - Business Wire

FalconStor Software Announces Fourth Quarter and Fiscal Year 2020 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. (OTCQB: FALC) announced financial results for its fourth quarter and fiscal year 2020, which ended on December 31, 2020.

1 year ago - Business Wire

FalconStor Announces Support and Migration Program for End-of-Life IBM ProtecTIER Customers to Allow Backup and Risk ...

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. (OTCQB: FALC), the software-defined data preservation company, today announced a support and migration program for IBM Prote...

2 years ago - Business Wire

AC&NC and FalconStor Collaborate to Deliver Next-Generation Data Retention and Reinstatement Solutions

BOSTON & AUSTIN, Texas & PITTSBURGH--(BUSINESS WIRE)---- $FALC #archival--FalconStor Software, Inc. (OTCQB: FALC) announced the integration of its long-term data retention and reinstatement solutions wi...

2 years ago - Business Wire