Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.57 USD
Change Today 0.00 / 0.00%
Volume 115.0K
As of 8:10 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

falconstor software inc (FALC) Key Developments

FalconStor Unveils FreeStor

Falconstor Software Inc. introduced the first truly horizontal, software-defined storage platform for unified data services – FreeStor™. FreeStor delivers immediate business value to companies, such as Simplifying the on ramp to, from and across the cloud – FreeStor's converged data management services provide an efficient way to move, synchronize and protect data between organizations' current on premise IT infrastructures and private, hosted or hybrid clouds. Modernize legacy infrastructure without rip and replace – new, simple cost-effective tools work seamlessly on and across most platforms and data types while leveraging and modernizing existing hardware to further help organizations break the chains of restrictive vendor lock-in, vendor specific tools, and vendor-dictated business models. Always-on business continuity – improved, enhanced local, active-active or multi-site high availability ensures files, applications, systems and even entire sites are consistently available. Predictable, simple, flexible pricing with no surprises - all data management services are provided in an annual subscription-based price-per-terabyte model with 24 x 7 support and software upgrades.

Falconstor Software Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for 2015

Falconstor Software Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $11,793,909 against $14,647,510 a year ago. Operating loss was $2,305,078 against $1,013,425 a year ago. Loss before income taxes was $2,462,713 against profit before income taxes of $901,879 million a year ago. Net loss attributable to common stockholders was $2,827,016 against net profit of $576,864,000 a year ago. Diluted net loss per share attributable to common stockholders was $0.06 against EPS of $0.01 a year ago. Non-GAAP loss from operations was $2,186,136 against non-GAAP income from operations of $810,096 a year ago. Non-GAAP net loss was $2,389,629 against non-GAAP net income of $570,907 a year ago. Non-GAAP diluted LPS of $0.05 against non-GAAP diluted EPS of $0.01 a year ago. Cash flow provided by operations was $0.5 million compared with cash used in operations of $3.6 million during the same period in 2013. For the fourth quarter of 2014, GAAP revenues totaled $11.8 million compared with $11.2 million, primarily driven by increases in new product license revenues, while maintenance revenues remained flat. For the year, the company reported total revenues of $46,273,515 against $58,636,504 a year ago. Operating loss was $6,059,097 against $13,600,484 a year ago. Loss before income taxes was $6,701,730 against $12,506,358 million a year ago. Net loss attributable to common stockholders was $8,452,800 against $11,276,473,000 a year ago. Diluted net loss per share attributable to common stockholders was $0.18 against $0.24 a year ago. Non-GAAP loss from operations was $8,875,529 against $7,915,416 a year ago. Non-GAAP net loss was $10,028,253 against $9,466,520 a year ago. Non-GAAP diluted LPS of $0.18 against $0.24 a year ago. The company generated $0.5 million of positive cash flow from operations compared with cash used in operations of $11.1 million for the year ended December 31, 2013. On a full year basis for 2015, the company's will be to achieve breakeven or better operating income on a non-GAAP basis.

Falconstor Software Inc. to Report Q4, 2014 Results on Feb 12, 2015

Falconstor Software Inc. announced that they will report Q4, 2014 results at 4:30 PM, US Eastern Standard Time on Feb 12, 2015

Falconstor Software Inc., Q4 2014 Earnings Call, Feb 12, 2015

Falconstor Software Inc., Q4 2014 Earnings Call, Feb 12, 2015

Falconstor Software Inc. Announces Resignation of Seth Horowitz as Executive Vice President, General Counsel and Secretary

On January 21, 2015, Falconstor Software Inc. announced that Seth Horowitz, Executive Vice President, General Counsel and Secretary, of the company, resigned from all of his positions in the company to pursue other opportunities. The resignation is effective immediately. Mr. Horowitz will continue to serve as a consultant to the company.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FALC:US $1.57 USD 0.00

FALC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Crossroads Systems Inc $2.84 USD -0.21
F5 Networks Inc $117.96 USD -1.26
Guidance Software Inc $5.52 USD -0.12
NETGEAR Inc $31.51 USD -0.52
Quantum Corp $1.66 USD -0.10
View Industry Companies
 

Industry Analysis

FALC

Industry Average

Valuation FALC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
 | 

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.