Falconstor Software Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2010. For the quarter, the company reported net loss of $3,375,498 or $0.07 per diluted share on revenue of $20,270,709 compared to net income of $1,266,714 or $0.03 per diluted share on revenue of $24,468,620 for the same period a year ago. Loss before income taxes was $5,095,658 compared to profit before income taxes of $492,158 for the same period a year ago. Operating loss was $5,103,157 compared to operating income of $259,450 for the same period a year ago. Non-GAAP loss from operations was $2,832,812 compared to non-GAAP income from operations $2,575,093 for the same period a year ago. Non-GAAP net loss was $1,723,441 or $0.04 per diluted share compared to Non-GAAP net income of $2,850,657 or $0.06 per diluted share for the same period a year ago. For the six months, the company reported net loss of $8,905,563 or $0.20 per diluted share on revenue of $37,390,364 compared to net income of $415,753 or $0.01 per diluted share on revenue of $45,489,705 for the same period a year ago. Loss before income taxes was $13,708,608 compared to $786,452 for the same period a year ago. Operating loss was $13,606,167 compared to $565,747 for the same period a year ago. Non-GAAP loss from operations was $8,633,497 compared to non-GAAP income from operations $3,905,010 for the same period a year ago. Non-GAAP net loss was $5,498,567 or $0.12 per diluted share compared to Non-GAAP net income of $3,454,165 or $0.08 per diluted share for the same period a year ago.

Falconstor Software Inc. expected to report Fiscal Year 2010 results on February 5, 2011. This event was calculated by Capital IQ (Created on July 17, 2010).

Falconstor Software Inc. announced that they will report Q2, 2010 results on Jul-28-2010