FalconStor Software, Inc. (FALC) insider have most recently took part in a trading activity. On Aug 23, 2017 Esw Capital, Llc, 10% Owner bought 1,382,884 shares having total worth of $511,667 at the price of $0.37 per share, following the transaction a total of 6,399,361 shares owned by Esw Capital, Llc.
Furthermore, over the past 12 months , the stock was traded 2 times by insiders. an employee of the company was the buyer in 2 instances.
Shares of FalconStor Software, Inc. (FALC) traded down 3.66% on Aug 23, 2017, hitting $0.4. 1,612,326 shares of the company’s stock traded hands. FalconStor Software, Inc. has a 52 week low of $0.16 and a 52 week high of $1.53. The company’s market cap is $47 million.
FalconStor Software, Inc. (FALC) last announced its earnings results on Aug 10, 2017. The company reported -0.01 earnings per share (EPS) for the quarter. The company had revenue of $7 million for the quarter During the same quarter in the previous year, the company posted -0.05 earnings per share. The company’s revenue for the quarter was down 17% on a year-over-year basis.
|earnings per share||-0.01||-0.02||-0.03||-0.04||0.00||-0.08||-0.03||-0.05||-0.07||0.11|
FalconStor Software, Inc. was incorporated in Delaware as Network Peripherals, Inc., in 1994. Pursuant to a merger with FalconStor Inc., in 2001, the former business of Network Peripherals, Inc., was discontinued, and the newly re-named FalconStor Software, Inc., continued the storage software business started in 2000 by FalconStor, Inc. It is engaged in disk-based data protection. It provides data protection solutions that facilitate the continuous availability of business-critical data. The Company’s data protection solutions are built upon a platform that delivers storage virtualization, continuous data protection, WAN-optimized replication, and disaster recovery (DR) automation. The Company’s Business Continuity and Disaster Recovery products include Network Storage Server (NSS) and Continuous Data Protector (CDP). Its Backup Optimization with Deduplication products include the Virtual Tape Library (VTL) and File-interface Deduplication System (FDS). The Company’s data protection and storage virtualization solutions are designed to provide IT administrators and end users to recover data easily to any point in time in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster, allowing rollback or failover to a known, good, immediately useable state to ensure that businesses maintain reliable access to their vital applications, and to facilitate accurate data recovery while minimizing downtime. Application-level integration allows for maintaining space-efficient copies of the data that are generated with complete transactional and point-in-time integrity. The Company’s solutions enable companies to aggregate heterogeneous, distributed storage capacity and to centralize administration of both storage resources and business-critical data services such as backup, snapshot, replication, and data migration. The Company’s products and solutions are built on IPStor technology, a common software platform that provides the complete disk-based data protection and storage virtualization solutions. The Company continues to sell its products primarily through strategic alliances, value-added resellers (VARs) or solution providers, large system integrators, Direct Market Resellers (DMRs), distributors, and original equipment manufacturers (OEMs).
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