Falconstor Software, Inc. (FALC) Reports Q2 Loss Per Share of $0.05

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FalconStor Software Announces Second Quarter 2015 Results

July 29, 2015 4:06 PM EDT

MELVILLE, NY -- (Marketwired) -- 07/29/15 -- FalconStor Software, Inc. (NASDAQ: FALC), a market leader in software-defined storage, today announced financial results for its second quarter ended June 30, 2015.

"During the second quarter of 2015, to further position the Company for future success, we completed our transition from relying solely on point solution transactions to our new 'pay-as-you-grow' subscription-based model based on capacity with our FreeStor" software-defined storage and data services platform," said... More