FalconStor Software Announces First Quarter 2021 Results Including 20% Total Revenue Growth, GAAP Net Income After Tax of $425,248

Strong First Quarter Marked by Robust Product Revenue Growth, and Significant Customer Expansions, Net Income, New Customer Sales, and New Product Expansion 104% year-over-year increase in product revenue185% year-over-year increase in new customer billings$425,248 in net income, versus a $719,840 net loss in Q1 2020 AUSTIN, TEXAS (May 5, 2021) - FalconStor Software, Inc. (OTCQB: FALC), a trusted data protection leader...