FalconStor Software (FALC) Announces Quarterly Results
FalconStor Software (NASDAQ:FALC) posted its quarterly earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, Analyst Ratings Network.com reports. The company had revenue of $11.30 million for the quarter, compared to the consensus estimate of $14.00 million.
Shares of FalconStor Software (NASDAQ:FALC) traded down 0.63% on Wednesday, hitting $1.58. 30,350 shares of the company’s stock traded hands. FalconStor Software has a 1-year low of $0.88 and a 1-year high of $1.80. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.57. The company’s market cap is $75.9 million.
FalconStor Software Inc (NASDAQ:FALC) is engaged in disk-based data protection.
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