Falconstor Software, Inc. (FALC) Reports Q1 Loss of $0.03
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FalconStor Software Announces First Quarter 2017 Results
May 4, 2017 4:06 PM EDTMELVILLE, NY -- (Marketwired) -- 05/04/17 -- FalconStor Software, Inc. (NASDAQ: FALC), a market leader in software-defined storage, today announced financial results for its first quarter ended March 31, 2017.
"FreeStor® continues to march forward as represented by the increase in year-over-year FreeStor revenue for the first quarter of 2017," said Gary Quinn, President and CEO. "FreeStor is the right storage virtualization and cloud storage solution for customers who are transforming their infrastructure to software-defined everything. We are pleased that during the quarter we were able to realize the first step to financial stability by achieving... More
