FalconStor Software (FALC) Reports Q2 Loss of $0.05
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FalconStor Software Announces Second Quarter 2016 Results
July 27, 2016 4:05 PM EDTMELVILLE, NY -- (Marketwired) -- 07/27/16 -- FalconStor Software® Inc. (NASDAQ: FALC), a market leader in software-defined storage, today announced financial results for its second quarter ended June 30, 2016.
"The storage industry landscape continued its transformation during the second quarter of 2016. We saw a reasonable recovery in overall performance sequentially from Q1 2016 and we saw significant growth in our new business initiatives for FreeStor® subscription model which grew over 200% sequentially" said Gary Quinn, President and... More
