logo
FalconStor Software: Q1 Earnings Snapshot

FalconStor Software: Q1 Earnings Snapshot

Yahoo08-05-2025

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — FalconStor Software Inc. (FALC) on Wednesday reported earnings of $79,000 in its first quarter.
On a per-share basis, the Austin, Texas-based company said it had net loss of 6 cents.
The software-defined storage company posted revenue of $2.5 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FALC at https://www.zacks.com/ap/FALC

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

New Manhattan homes for menswear stores Charles Tyrwhitt, Tom Ford
New Manhattan homes for menswear stores Charles Tyrwhitt, Tom Ford

New York Post

time9 minutes ago

  • New York Post

New Manhattan homes for menswear stores Charles Tyrwhitt, Tom Ford

London-based menswear store Charles Tyrwhitt is moving from 437 Madison Ave. to RFR Realty's 477 Madison, doubling its space in the process. Tyrwhitt signed for 3,800 square at the East 51st Street corner. The deal was handled for the landlord by MONA, a retail brokerage backed by RFR's Aby Rosen. Cushman & Wakefield acted for the tenant. Charles Tywhitt has a half-dozen Manhattan locations. Advertisement The building's offices are mostly leased. Recent signings include for Treville Capital and Fiera Capital. 477 Madison Ave. will be the new home menswear store Charles Tyrwhitt. One more Park Avenue office address has filled up. Advertisement Tom Ford Fashion signed a 10-year, 11,118 square-foot lease at SL Green's 500 Park Ave., bringing the landmarked, 201,000 square-foot building at East 59th Street to 100% leased. Tom Ford Fashion has signed a 10-year lease for 500 Park Ave., above. Brian Zak/NY Post Advertisement Other office tenants include The Georgetown Company, Vera Wang and Friedland Properties. Furniture store FRATO's flagship showroom is the retail tenant. Meanwhile, the former Hammacher Schlemmer headquarters building at 145 E. 57th St. can also boast 100% occupancy. Data Science Innovators took 5,067 square feet, landlord ABS Partners announced. Danish furniture maker Carl Hansen & Son replaced Hammacher Schlemmer on the retail floors.

Developer seeks flexibility for design of affordable housing project
Developer seeks flexibility for design of affordable housing project

Yahoo

time27 minutes ago

  • Yahoo

Developer seeks flexibility for design of affordable housing project

Jun. 8—ROCHESTER — A Santa Monica, California, developer is seeking support for deviating from Rochester development code standards to construct a 149-unit apartment complex along Fourth Street Southeast, just east of the Bear Creek Bridge. Lincoln Avenue Communities is proposing a 360-foot-long building, with a decreased rear setback along the river trail south of the site. The proposal exceeds length standards by 60 feet. "The length of this new building should not have any adverse impact on any abutting lots," Scott England, a principal with Minneapolis-based DJR Architecture, stated in a letter with Lincoln Avenue. "The building's length is broken up by multiple vertical architectural components that visually provide for pleasing visual breaks in the façade." Staff from the Rochester Community Development department are supporting the request, pointing to the ability to add downtown-adjacent parking with infill development across five lots, as well as efforts to provide an active use for the site that sits on a transit corridor. "The applicant has worked closely with city teammates to ensure compliance with the unified development code and district design standards," Rochester planner Elliot Mohler stated in a report to the Planning and Zoning Commission. "This includes street activation strategies such as benches, raised planters, additional plantings and bike parking." Lincoln Avenue Communities, which specializes in constructing and managing housing with rents below market rate, plans to lease apartments at rates considered affordable for households earning 60% of the area median income. "For a single parent with a few kids, this equates to $60,000 to $70,000 per year for income to qualify for housing, so it really is true workforce housing," Sarah Robbins, an associate with Lincoln Avenue Communities, told neighbors in April during a required informational meeting. Current state guidelines would cap potential rents at nearly $1,700 for a two-bedroom apartment under the tax credit program Lincoln Avenue seeks to utilize. The project is slated to feature 41 one-bedroom apartments, 77 two-bedroom units and 31 three-bedroom apartments, as well as one level of underground parking. While a site consolidation and a development plan for the project remain under review, the Planning and Zoning Commission will be asked to determine whether the construction variance will be allowed. Before making a decision, a public hearing on the issue will be held during the commission's meeting at 5 p.m. Wednesday in council chambers of the city-county Government Center. If development plans are approved, the apartment complex could be added to more than 150 Lincoln Avenue Communities properties throughout the nation. Company Vice President James Riley said the goal for the company's first Rochester project is to start construction in early 2026, if required development and financing approvals are obtained. Meetings scheduled to be held during the week of June 9 include: Rochester —City Council study session, 3:30 p.m. Monday in council chambers of the city-county Government Center, 151 Fourth St. SE. The meeting will livestream at and be available on Spectrum cable channel 180 or 188. —Police Policy Oversight Commission, 3:30 p.m. Tuesday in room 164B of the Development Services and Infrastructure Center, 4001 West River Parkway NW. —Sustainability and Resiliency Commission, 4:30 p.m. Wednesday in room 104 of City Hall, 201 Fourth St. SE. —Planning and Zoning Commission, 5 p.m. Wednesday in council chambers of the Government Center. —Citizens Advisory on Transit, 4:30 p.m. Thursday in room 104 of City Hall. Olmsted County —Housing and Redevelopment Authority, 4 p.m. Thursday in board chambers of the Government Center. Rochester Public Schools —School Board study session, 5:30 p.m. Tuesday in the boardroom of the Edison Building, 615 Seventh St. SW.

May Data: Dallas-Fort Worth Home Listings Lead Nation
May Data: Dallas-Fort Worth Home Listings Lead Nation

Yahoo

timean hour ago

  • Yahoo

May Data: Dallas-Fort Worth Home Listings Lead Nation

Dallas-Fort Worth's home inventory surged to its highest level in years, according to data from In May, home listings in the Metroplex were up 16.7% compared to one year prior. Nearly 33,780 homes were listed in the month, the highest number of listings in any market in the country. Bill Kitchens, director of market analytics at said the results indicate a recovery to the trends witnessed before the pandemic kicked off. 'We're seeing this shift in the balance of power moving closer in favor of the buyers. The buyers have more options than they had a year ago or even two years ago, so it's an indication that we're seeing a much more balanced market compared to not too long ago,' he said, per WFAA. In terms of growth, DFW ranked No. 17. Nationally, average home inventory expanded by 17.2%, with Atlanta taking the top spot in May at 41.6%. Prospective buyers will likely welcome the plethora of options currently available in DFW; sellers, not so much. 'For someone who's selling their home, I think it's important to understand that they may have more competition than they've had in the past, and this also affects price,' said Kitchens. It is not just homes that are leading in the real estate sector in North Texas. Last month, The Dallas Express detailed a report from Lodging Econometrics that said Dallas led the nation with the largest hotel construction pipeline during the first quarter of 2025. In Q1, the Big D boasted 203 projects covering 24,496 rooms, a record high.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store