Home

Articles from FalconStor Software, Inc.

FalconStor Software Announces Second Quarter of 2025 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing data protection and intelligence for the hybrid cloud world, today announced financial results for its second quarter of 2025, which ended on June 30, 2025.
By FalconStor Software, Inc. · Via Business Wire · August 6, 2025
FalconStor Software Announces First Quarter of 2025 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing data protection and intelligence for the hybrid cloud world, today announced financial results for its first quarter of 2025, which ended on March 31, 2025.
By FalconStor Software, Inc. · Via Business Wire · May 7, 2025
FalconStor Software Announces Fourth Quarter and Full Year 2024 Results
FalconStor Software, Inc. (OTC: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its fourth quarter and full year 2024, which ended on December 31, 2024.
By FalconStor Software, Inc. · Via Business Wire · February 26, 2025
FalconStor Software Announces Third Quarter of 2024 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing data protection and intelligence for the hybrid cloud world, today announced financial results for its third quarter of 2024, which ended on September 30, 2024.
By FalconStor Software, Inc. · Via Business Wire · November 6, 2024
FalconStor Software Announces Second Quarter of 2024 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its second quarter of 2024, which ended on June 30, 2024.
By FalconStor Software, Inc. · Via Business Wire · August 7, 2024
FalconStor Software Announces First Quarter of 2024 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its first quarter of 2024, which ended on March 31, 2024.
By FalconStor Software, Inc. · Via Business Wire · May 8, 2024
FalconStor Software Announces Fourth Quarter and Full Year 2023 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its fourth quarter and full year 2023, which ended on December 31, 2023.
By FalconStor Software, Inc. · Via Business Wire · February 22, 2024
FalconStor Software Announces Second Quarter of 2023 Results
FalconStor Software, Inc. (OTCMarkets.com: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its second quarter 2023, which ended on June 30, 2023.
By FalconStor Software, Inc. · Via Business Wire · August 9, 2023
FalconStor Software Files Form 15 to Voluntarily Deregister Under Section 12(g) of the SEC
FalconStor Software, Inc. (OTCQB: FALC) (the “Company” or “FalconStor”), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced that it filed a Form 15 with the Securities and Exchange Commission (the “SEC”) to voluntarily deregister under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”).
By FalconStor Software, Inc. · Via Business Wire · July 12, 2023
FalconStor Software Announces its intention to voluntarily deregister under Section 12(g) of the SEC
FalconStor Software, Inc. (OTCQB: FALC) (the “Company” or “FalconStor”), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced to voluntarily deregister under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As such, the Company intends to file a Form 15 by July 12th, 2023. Moreover, FalconStor will move from the OTCQB tier to the Pink Current tier, both operated by the OTC Market Group Inc. (“OTC”).
By FalconStor Software, Inc. · Via Business Wire · June 28, 2023
FalconStor Software Announces First Quarter of 2023 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its first quarter of 2023, which ended on March 31, 2023.
By FalconStor Software, Inc. · Via Business Wire · May 10, 2023
FalconStor Software Announces Fourth Quarter and Full Year 2022 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its fourth quarter and full year 2022, which ended on December 31, 2022.
By FalconStor Software, Inc. · Via Business Wire · March 15, 2023
FalconStor Software Announces Third Quarter of 2022 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its third quarter 2022, which ended on September 30, 2022.
By FalconStor Software, Inc. · Via Business Wire · November 9, 2022
FalconStor Software Announces Second Quarter of 2022 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its second quarter 2022, which ended on June 30, 2022.
By FalconStor Software, Inc. · Via Business Wire · August 3, 2022
FalconStor Software Announces First Quarter of 2022 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing disaster recovery and backup for the hybrid cloud world, today announced financial results for its first quarter 2022, which ended on March 31, 2022.
By FalconStor Software, Inc. · Via Business Wire · May 11, 2022
FalconStor Software Announces New Strategic Relationship with IBM to Accelerate Cloud Migration and Hybrid Cloud Backup for Enterprises and Managed Service Providers
FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud world, today announced a new strategic relationship with IBM (NYSE: IBM) to provide jointly-validated solutions for IBM Power Systems, designed to help enterprise customers and managed services providers (MSPs) with their cloud migration and cloud-enabled backup needs.
By FalconStor Software, Inc. · Via Business Wire · May 11, 2022
FalconStor Software Names Vincent Sita as Chief Financial Officer
FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud world, today announced that the company has appointed Vincent Sita as chief financial officer. Sita has more than two decades of experience, having worked both in publicly listed and privately held companies, with the past few being spent as a finance consultant and finance executive in medium-sized businesses. In his role at FalconStor, Sita will report to CEO Todd Brooks and will oversee the company’s financial matters, including finance, accounting, tax, treasury, and investor relations.
By FalconStor Software, Inc. · Via Business Wire · February 28, 2022
FalconStor Expands Reseller Relationship with Hitachi Vantara to Provide Advanced Disaster Recovery and Cloud-Enabled Protection for Hitachi Flash Arrays
FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud, today announced the expansion of its go-to-market relationship with Hitachi Vantara, combining Hitachi’s flash storage arrays with best-in-class replication, data migration, snapshot, and disaster recovery software. Under the terms of the agreement, Hitachi Vantara will resell FalconStor StorGuard with its market-leading flash arrays to provide optimal flash performance and protection for mission-critical applications and data.
By FalconStor Software, Inc. · Via Business Wire · February 9, 2022
FalconStor Appoints Doug Balog, IT Infrastructure Veteran and Former IBM Executive, as Strategic Executive Advisor
FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud world, today announced that former IBM executive Doug Balog has joined its advisory board. In this capacity, Balog will provide strategic guidance as the company expands its commitment to the hybrid cloud community and its focus on managed service provider (MSP) partnerships.
By FalconStor Software, Inc. · Via Business Wire · January 11, 2022
FalconStor Software Announces Third Quarter of 2021 Results
FalconStor Software, Inc. (OTCQB: FALC), the trusted data protection software leader modernizing disaster recovery and backup operations for the hybrid cloud world, today announced financial results for its third quarter, which ended on September 30, 2021, delivering a 35% year-over-year increase in subscription revenue fueled by the growth in managed service provider business and market adoption of hybrid cloud data protection solutions.
By FalconStor Software, Inc. · Via Business Wire · November 10, 2021
FalconStor Software Announces Second Quarter and First Half 2021 Results
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing backup and archival solutions for the multi-cloud world, today announced financial results for its second quarter and first half of fiscal year 2021, which ended on June 30, 2021.
By FalconStor Software, Inc. · Via Business Wire · August 4, 2021
FalconStor Software Announces Pricing of Its Public Offering of Common Stock
FalconStor Software, Inc. (the “Company” or “FalconStor”) (OTCQB: FALC), the trusted data protection technology leader modernizing backup and archival for the multi-cloud world, today announced the pricing of an underwritten registered public offering of 285,000 newly issued shares of its common stock at a public offering price of $4.10 per share, for total gross proceeds of approximately $1,168,500. The Company has also granted the underwriter of the offering a 30-day option to purchase up to 42,750 shares of common stock in the offering. The offering is expected to close on or about July 27, 2021, subject to the satisfaction of customary closing conditions.
By FalconStor Software, Inc. · Via Business Wire · July 23, 2021
FalconStor Software Announces Pricing of its Public Offering of Common Stock
FalconStor Software, Inc. (the “Company” or “FalconStor”) (OTCQB: FALC), the trusted data protection technology leader modernizing backup and archival for the multi-cloud world, today announced the pricing of an underwritten registered public offering of 725,000 newly issued shares of its common stock at a public offering price of $4.10 per share, for total gross proceeds of approximately $2,972,500. The Company has also granted the underwriter of the offering a 30-day option to purchase up to 108,750 shares of common stock in the offering. The offering is expected to close on or about June 23, 2021, subject to the satisfaction of customary closing conditions.
By FalconStor Software, Inc. · Via Business Wire · June 21, 2021
FalconStor Software Announces First Quarter 2021 Results Including 20% Total Revenue Growth, GAAP Net Income After Tax of $425,248
FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader modernizing backup and archival solutions for the multi-cloud world, today announced financial results for its first quarter of fiscal year 2021, which ended on March 31, 2021, recording solid product revenue growth, significant customer expansions and continuing profitability of $425,248.
By FalconStor Software, Inc. · Via Business Wire · May 5, 2021