Up-And-Comers In Software Sector March 14, 2012 by: Matt Schilling | about: GWRE, includes: ACN, FALC, IBM, SNCR These companies are poised for some serious growth within the software sector, and not only do they have the earnings to prove it, but some very positive things on the horizon. In this article I'll examine how three up and coming software companies look to grow in leaps and bounds.
FalconStor Software Inc. (FALC): Q4 earnings crushed estimates, despite a decline in revenue. Analysts were expecting the company to show a loss of $0.02/share, when in fact they demonstrated a gain of $0.03/share. That's pretty impressive. The company shares closed at $3.29 on Tuesday. After reporting earnings, shares of the company were up almost 9.0% in After Hours. FalconStor has some very interesting news and there are several signs pointing up for this emerging software firm. Most recently, FALC announced the deployment of its NSS technology to Dell Services in an effort to enable and procure a data migration service. FALC currently has about $11.0M in free cash flow on the books, which makes the idea of a small acquisition very possible. Valued at just $154 million, FALC continues to impress shareholders with positive earnings growth and the acquisition of more and more customers.