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FalconStor Software reports Q4 results

Mar. 10, 2022 2:18 AM ETFalconStor Software, Inc. (FALC) StockBy: Meghavi Singh, SA News Editor
  • FalconStor Software press release (OTCQB:FALC): Q4 GAAP net loss of -$0.2M, compared to a loss of -$0.1M in the fourth quarter of fiscal year 2020.
  • Ending Cash of $3.2M, compared to $1.9M in the fourth quarter of fiscal year 2020.
  • Revenue of $3.8M (+2.7% Y/Y).
  • FY22 guidance: Total Revenues of $14.2M-$15.5M; Adjusted EBITDA of $3.2M-$3.9M; Net income of $1.9M-$2.3M

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