FalconStor Software Announces Third Quarter 2020 Results, Including 11.7% Year-over-Year Revenue Growth

AUSTIN, TEXAS (November 9, 2020) - FalconStor Software, Inc. (OTCQB: FALC), a market leader in enterprise-class backup and archive data protection and software-defined storage, today announced financial results for its third quarter ended September 30, 2020. Key Highlights 11.7% year-over-year increase in recognized revenue,36.7% year-over-year increase in sales bookings, as a result of strong new customer sales and existing customer expansion results...