Falconstor Software (FALC) Reports Q3 Loss of $0.07

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Go back to Falconstor Software (FALC) Reports Q3 Loss of $0.07

FalconStor Software Announces Third Quarter 2015 Results

October 28, 2015 4:05 PM EDT

MELVILLE, NY -- (Marketwired) -- 10/28/15 -- FalconStor Software®, Inc. (NASDAQ: FALC), a market leader in software-defined storage, today announced financial results for its third quarter ended September 30, 2015.

"With the continued adoption of FreeStor by OEMs, service providers and enterprise-class customers around the world, we are seeing faster adoption rates compared to our historical licensing models among organizations seeking software-defined storage solutions that can provide them the data services needed to overcome even the most-challenging business requirements," said Gary Quinn, FalconStor President and CEO. "The addition... More