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FalconStor Software: 4Q Earnings Snapshot

AUSTIN, Texas (AP) _ FalconStor Software Inc. (FALC) on Monday reported a fourth-quarter loss of $77,000, after reporting a profit in the same period a year earlier.

The Austin, Texas-based company said it had a loss of less than 1 cent on a per-share basis.

The software-defined storage company posted revenue of $4.8 million in the period.

For the year, the company reported a loss of $907,000, or 5 cents per share, swinging to a loss in the period. Revenue was reported as $17.8 million.

In the final minutes of trading on Monday, the company's shares hit 6 cents. A year ago, they were trading at 9 cents.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FALC at https://www.zacks.com/ap/FALC