FalconStor Software (OTCMKTS:FALC – Get Free Report) announced its quarterly earnings results on Wednesday. The software maker reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. FalconStor Software had a negative return on equity of 11.53% and a net margin of 18.06%.
FalconStor Software Stock Up 0.5%
OTCMKTS FALC opened at $2.48 on Thursday. The company has a market cap of $17.73 million, a price-to-earnings ratio of 19.08 and a beta of 0.42. FalconStor Software has a twelve month low of $0.90 and a twelve month high of $3.30. The business’s fifty day moving average is $2.63 and its 200 day moving average is $2.33.
FalconStor Software Company Profile
FalconStor Software, Inc is a provider of enterprise data protection and storage virtualization solutions designed to help organizations manage, protect and recover their critical data. The company’s offerings focus on reducing the complexity and cost of backup, replication and disaster recovery through software-defined storage technologies. By abstracting physical storage resources and automating data movement, FalconStor enables seamless integration with heterogeneous storage environments.
The company’s flagship platform, FreeStor, delivers a vendor-agnostic storage virtualization layer that supports continuous data protection (CDP), snapshot management, replication and orchestration across on-premises, cloud and hybrid infrastructures.
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