Falconstor Software Inc. (FALC) reported fourth quarter non-GAAP net income of $0.05 per share after the bell Thursday, compared to the loss of $0.02 per share last year.
Shares of Falconstor Software gapped up Friday and have continued to rise on above average volume. The stock is now up 1.06 at $4.77 and has surged to a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.