FalconStor Software, Inc. (FALC) Reports Q2 Loss of $0.06

FalconStor Software, Inc. (NASDAQ: FALC) reported Q2 EPS of ($0.06), versus ($0.10) reported last year. Revenue for the quarter came in at $11.3 million, versus $14 million reported last year.

"Over the past twelve months, the FalconStor team has achieved many milestones and built solid momentum," said Gary Quinn, President and CEO of FalconStor. "In Q2, we launched a bold new brand identity -- The Power to be Free -- that reflects the unique customer-focus of our products. We produced exciting and innovative new technology for the cloud and flash memory environments -- with more to come. We stabilized our customer base, partners and employees for the future. Finally, we created and returned stockholder value by moving on from some past events that have no bearing on our future. Our team still has more work in the area of generating top-line revenue growth. We have an opportunity to grow as business and data overload continue to accelerate."

For earnings history and earnings-related data on FalconStor Software, Inc. (FALC) click here.

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