FalconStor Software (OTCMKTS:FALC – Get Free Report) announced its quarterly earnings results on Tuesday. The software maker reported ($0.02) EPS for the quarter, Zacks reports. FalconStor Software had a net margin of 20.49% and a negative return on equity of 15.04%. The firm had revenue of $3.26 million for the quarter.
FalconStor Software Price Performance
FalconStor Software stock opened at $1.53 on Thursday. The business has a 50 day moving average of $1.66 and a 200-day moving average of $2.11. FalconStor Software has a 1 year low of $0.90 and a 1 year high of $3.30. The company has a market capitalization of $10.94 million, a P/E ratio of 7.29 and a beta of 0.48.
FalconStor Software Company Profile
FalconStor Software, Inc. develops software designed to help organizations protect, manage and recover business data. Its solutions have focused on data protection, backup and disaster recovery, storage virtualization, and business continuity for physical, virtual and cloud environments. The company has offered products and platforms supporting centralized backup management, continuous data protection, replication, storage resource management and recovery operations. FalconStor’s technologies are intended to help businesses reduce data loss, improve system availability and simplify the administration of heterogeneous storage infrastructures.
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