About FalconStor Software (OTCMKTS:FALC)
FalconStor Software, Inc. is a Software-Defined Storage (SDS) company offering a converged data services software platform. The Company's platform FreeStor, allows information technology (IT) organizations minimize and eliminate that complexity with the delivery of migration, continuity, protection, recovery and optimization for any storage environment through a management interface for a price based on managed capacity across arrays, servers, hypervisors, data centers, and the cloud. The Company's Intelligent Abstraction core provides a scalable storage hypervisor, coupled with a data services engine and automation. The Company's Business Continuity and Disaster Recovery products include network storage server (NSS) and continuous data protector (CDP). Its Optimized Backup and Deduplication (OBD) products merge its virtual tape library (VTL) and file-interface deduplication system (FDS) solutions.
Industry, Sector and Symbol:
- Industry: Software
- Sub-Industry: Systems Software
- Sector: Computer and Technology
- Symbol: OTCMKTS:FALC
- Previous Symbol: NASDAQ:FALC
- CUSIP: 30613710
- Web: www.falconstor.com.
- Current Ratio: 0.30%
- Quick Ratio: 0.30%
Sales & Book Value:
- Annual Sales: $30.26 million
- Price / Sales: 0.47
- Book Value: ($0.50) per share
- Price / Book: -0.64
- Trailing EPS: ($0.15)
- Net Income: ($10,990,000.00)
- Net Margins: -17.86%
- Return on Assets: -32.13%
- Employees: 166
- Outstanding Shares: 44,560,000
Frequently Asked Questions for FalconStor Software (OTCMKTS:FALC)
What is FalconStor Software's stock symbol?
FalconStor Software trades on the OTCMKTS under the ticker symbol "FALC."
How will FalconStor Software's stock buyback program work?
FalconStor Software declared that its board has initiated a share buyback plan on Wednesday, November 15th 2017, which authorizes the company to repurchase 3,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is undervalued.
How were FalconStor Software's earnings last quarter?
FalconStor Software, Inc. (OTCMKTS:FALC) issued its quarterly earnings data on Wednesday, July, 27th. The software maker reported ($0.05) earnings per share (EPS) for the quarter. The software maker earned $8.10 million during the quarter, compared to analyst estimates of $7.40 million. View FalconStor Software's Earnings History.
Who are some of FalconStor Software's key competitors?
Some companies that are related to FalconStor Software include Sopheon Plc (SPE), Smith Micro Software (SMSI), Inuvo (INUV), Determine (DTRM), Top Image Systems (TISA), Vipera Plc (VIP), CounterPath Corporation (CPAH), Accelrys (ACCL), Actuate Corp (BIRT), Concur Technologies (CNQR), Cvent (CVT), Eloqua (ELOQ), Jive Software (JIVE), Mentor Graphics Corp (MENT), Merge Healthcare (MRGE), MICROS Systems (MCRS), NetDimensions (Holdings) Limited (NETD) and Qlik Technologies (QLIK).
Who are FalconStor Software's key executives?
FalconStor Software's management team includes the folowing people:
- Todd Brooks, Chief Executive Officer
- Patrick S. McClain, Chief Financial Officer, Executive Vice President, Principal Accounting Officer, Treasurer (Age 62)
- William D Miller, Director (Age 56)
- Martin M. Hale Jr, Independent Director (Age 45)
- Michael P. Kelly CPA, Independent Director (Age 69)
- Barry A. Rudolph, Independent Director (Age 61)
Who owns FalconStor Software stock?
FalconStor Software's stock is owned by a number of of retail and institutional investors. Top institutional investors include
ESW Capital, LLC
(14.40%). Company insiders that own FalconStor Software stock include Esw Capital, Llc, Gary Quinn and William D Miller. View Institutional Ownership Trends for FalconStor Software.
How do I buy FalconStor Software stock?
Shares of FalconStor Software can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FalconStor Software's stock price today?
One share of FalconStor Software stock can currently be purchased for approximately $0.32.
How big of a company is FalconStor Software?
FalconStor Software has a market capitalization of $14.26 million and generates $30.26 million in revenue each year. The software maker earns ($10,990,000.00) in net income (profit) each year or ($0.15) on an earnings per share basis. FalconStor Software employs 166 workers across the globe.
How can I contact FalconStor Software?
FalconStor Software's mailing address is 125 Baylis Rd, MELVILLE, NY 11747-3844, United States. The software maker can be reached via phone at +1-631-7775188 or via email at [email protected]
MarketBeat Community Rating for FalconStor Software (OTCMKTS FALC)MarketBeat's community ratings are surveys of what our community members think about FalconStor Software and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for FalconStor Software (OTCMKTS:FALC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for FalconStor Software (OTCMKTS:FALC)
Analysts' Ratings History for FalconStor Software (OTCMKTS:FALC)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for FalconStor Software (OTCMKTS:FALC)
Earnings History by Quarter for FalconStor Software (OTCMKTS FALC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||Q2 2017||($0.02)||$6.73 million||View||N/A|
|3/9/2017||Q4 2016||($0.05)||$7.44 million||View||Listen|
|11/2/2016||Q316||($0.05)||$8.10 million||$7.30 million||View||N/A|
|7/27/2016||Q216||($0.05)||$7.40 million||$8.10 million||View||Listen|
|4/27/2016||Q116||($0.11)||$9.40 million||$7.40 million||View||Listen|
|7/29/2015||Q2||($0.05)||$4.25 million||$3.65 million||View||Listen|
|10/29/2013||Q313||($0.04)||$17.10 million||$14.70 million||View||N/A|
|11/7/2012||Q312||($0.09)||($0.08)||$16.47 million||$17.10 million||View||N/A|
Earnings Estimates for FalconStor Software (OTCMKTS:FALC)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for FalconStor Software (OTCMKTS:FALC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for FalconStor Software (OTCMKTS FALC)
Insider Ownership Percentage: 23.40%
Institutional Ownership Percentage: 18.20%
Insider Trades by Quarter for FalconStor Software (OTCMKTS FALC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/23/2017||Esw Capital, Llc||Major Shareholder||Buy||1,382,884||$0.37||$511,667.08|| |
|3/15/2017||William D Miller||Director||Buy||2,600||$0.39||$1,014.00|| |
|9/2/2016||Gary Quinn||Insider||Buy||50,000||$1.01||$50,500.00|| |
|11/3/2015||Gary Quinn||CEO||Sell||100,000||$1.97||$197,000.00|| |
|8/26/2015||Martin M Hale Jr||Insider||Buy||3,660||$1.50||$5,490.00|| |
|8/14/2015||Michael P Kelly||Director||Buy||20,000||$1.69||$33,800.00|| |
|12/15/2014||Michael P Kelly||Director||Buy||20,000||$1.30||$26,000.00|| |
|12/11/2014||Shuwen Huai||Major Shareholder||Sell||4,898,533||$1.09||$5,339,400.97|| |
|12/10/2014||Irwin Lieber||Director||Buy||67,710||$1.26||$85,314.60|| |
|12/9/2014||Barry Rubenstein||Director||Buy||60,000||$1.23||$73,800.00|| |
|10/29/2014||Shuwen Huai||Major Shareholder||Sell||600,000||$1.09||$654,000.00|| |
|5/23/2014||Barry Rubenstein||Director||Sell||147,015||$1.50||$220,522.50|| |
|5/23/2014||Gary Quinn||CEO||Sell||10,000||$1.44||$14,400.00|| |
|5/20/2014||Barry Rubenstein||Director||Buy||147,015||$1.52||$223,462.80|| |
|5/15/2014||Gary Quinn||CEO||Buy||10,000||$1.45||$14,500.00|| |
|3/14/2014||Gary Quinn||CEO||Buy||50,000||$1.54||$77,000.00|| |
|11/4/2013||Gary Quinn||CEO||Buy||100,000||$1.52||$152,000.00|| |
|5/1/2013||Bernard J Wu||EVP||Sell||10,000||$1.60||$16,000.00|| |
Headline Trends for FalconStor Software (OTCMKTS:FALC)
Latest Headlines for FalconStor Software (OTCMKTS FALC)
FalconStor Software (OTCMKTS FALC) Chart for Saturday, November, 18, 2017