On the 28^th of April FalconStor Software is expected to announce its financial results for the first quarter of 2011. The company will hold a conference call at 4:30 PM EDT to discuss the results. On the previous earnings call for the fourth quarter of 2010 that ended on December the 31^st 2010, the company’s total revenues went to $26.5 million, increasing by 18 percent with $22.4 million in the same period a year ago. GAAP income from operations for the fourth quarter of 2010 was $0.8 million, compared with a loss from operations of $3.3 million for the same period a year ago. GAAP net loss for the quarter was $0.1 million with breakeven earnings per share compared with a net loss of $1.5 million or $0.03 per share for the same period a year ago.

For the fourth quarter, revenues declined 7% to $82.8 million, compared with $89.5 million for the same period a year ago. GAAP loss from operations for 2010 was $17.6 million compared with a loss of $6.3 million in 2009. GAAP net loss was $35.4 million, or $0.78 per share for 2010 compared with a net loss of $3.1 million, or $0.07 per share in 2009. The earnings call for the last quarter of 2010 exceeded Thomson Reuters consensus estimate of ($0.06) EPS by $0.06.

Falconstor started the year with McNeil as president and CEO, who has been serving the company as interim president and interim CEO and chief strategy officer since 2009. In the past few months the company was engaged in a series of partnership that will strongly influence the above mentioned earnings call. In February, Falconstor launched RecoverTrac, a data recovery tool that offers DR automation for physical and virtual environments, and will be included as a standard feature forFalconStor Continous Data Protector (CDP)clients.

FalconStor took some steps towards increasing its web portal and channel sales by launching 2 new products, PartnerPlace Web Portal and PartnerChoice Program. The latter is designed to create revenue and fulfill growth objectives for channel partners through various aspects like financial incentives, sales and marketing tools, and training and business-oriented support.

FalconStor did not step aside from working with high street retailers either. Last month, Radley Co. announced the deployment of FalconStor Continuous Data Protector (CDP) on its almost entirely virtualized VMware ESX Server infrastructure, which handles the massive quantities of data from the company’s supply chain and outlets.

Given the busy agenda of FalconStor and the commitment to developing and implementing intelligent tools, the earnings call sound very promising for the first quarter of 2011.