FalconStor Software, Inc. (FALC)

OTCMKTS: FALC · Delayed Price · USD
2.110
+0.010 (0.48%)
Jul 26, 2024, 12:55 PM EDT - Market closed
Market Cap 15.03M
Revenue (ttm) 11.63M
Net Income (ttm) 1.31M
Shares Out 7.12M
EPS (ttm) 0.19
PE Ratio 11.17
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 200
Open 1.900
Previous Close 2.100
Day's Range n/a
52-Week Range 0.570 - 2.600
Beta 2.28
Analysts n/a
Price Target n/a
Earnings Date May 7, 2020

About FALC

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

Sector Technology
CEO Robert Todd Brooks
Employees 53
Stock Exchange OTCMKTS
Ticker Symbol FALC
Full Company Profile

Financial Performance

In 2022, FALC's revenue was $10.05 million, a decrease of -27.86% compared to the previous year's $13.93 million. Losses were -$3.34 million, 125.0% more than in 2021.

Financial Statements

News

FalconStor Enhances IBM Storage Ceph with Greater Application Connectivity, Advanced Data Protection, and Enterprise Data Mobility

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #AI--FalconStor Software today announces certification of both StorSafe and StorGuard with IBM Storage Ceph, accelerating customers' “Journey to AI” through im...

2 days ago - Business Wire

FalconStor Software Announces First Quarter of 2024 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, t...

2 months ago - Business Wire

FalconStor Software Announces Fourth Quarter and Full Year 2023 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 anno...

5 months ago - Business Wire

FalconStor Software Announces Third Quarter of 2023 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, t...

9 months ago - Business Wire

FalconStor Software Announces Second Quarter of 2023 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, t...

1 year ago - Business Wire

FalconStor Software Files Form 15 to Voluntarily Deregister Under Section 12(g) of the SEC

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCQB: FALC) (the “Company” or “FalconStor”), a trusted data protection leader modernizing disaster recovery and backup for th...

1 year ago - Business Wire

FalconStor Software Announces its intention to voluntarily deregister under Section 12(g) of the SEC

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor today announced to voluntarily deregister under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

1 year ago - Business Wire

FalconStor Software Announces First Quarter of 2023 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCQB: FALC) today announced financial results for its first quarter of 2023, which ended on March 31, 2023.

1 year ago - Business Wire

FalconStor Software Announces Fourth Quarter and Full Year 2022 Results

AUSTIN, Texas--(BUSINESS WIRE)---- $FALC #IBM--FalconStor Software, Inc. (OTCQB: FALC) today announced financial results for its fourth quarter and full year 2022, which ended on December 31, 2022.

1 year ago - Business Wire

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.

1 year 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.

2 years 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 anno...

2 years ago - Business Wire

FalconStor Software Announces New Strategic Relationship with IBM to Accelerate Cloud Migration and Hybrid Cloud Backup for Enterprises and Managed Service Providers

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.

2 years 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.

2 years 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 ...

2 years ago - Business Wire

FalconStor Expands Reseller Relationship with Hitachi Vantara to Provide Advanced Disaster Recovery and Cloud-Enabled Protection for Hitachi Flash Arrays

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 Vantar...

2 years 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...

2 years 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 revenu...

2 years 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.

3 years 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.

3 years ago - Business Wire

FalconStor Software Announces First Quarter 2021 Results Including 20% Total Revenue Growth, GAAP Net Income After Tax of $425,248

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.

3 years 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.

3 years 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.

3 years ago - Business Wire

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

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 Pro...

4 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 ...

4 years ago - Business Wire