Misonix

Westbound Falconstor erases 4Q, fiscal year losses

  FALCONSTOR SOFTWARE INC. Headquarters: Austin, Texas Industry: Software OTC: FALC Reporting Date: March 22, 2018 Reporting Quarter: 4Q FY2017 Quarter Ended: Dec. 31, 2017 Numbers: Total revenues for the three months ended Dec. 31, 2017, were reported as $6.3 million, a 14.8 percent decrease from the $7.4 million reported for the same quarter last fiscal year. Net GAAP operating income was reported as $1.4 million, turning around a $1.2 million loss reported for 4Q…


No. 280: A TCJA counterattack, an interstate healthcare alliance and baby, it’s cold outside (but it could be colder)

Weekend forecast: Welcome to the blessed end of another busy work week, dear readers – and speaking of endings and beginnings, happy anniversary to the National Weather Service, launched on this date (by the U.S. Army, believe it or not) 148 years ago today. The NWS likely had a field day on its 64th anniversary – Feb. 9, 1934 – when New York City, amidst a legendary arctic blast that deep-froze much of the nation,…


No. 257: Kids at work, cereal milk and crack pie, doing the math and selling Dylan’s guitar

A happy end of the week: Welcome once again to Friday, dear readers. While many of you are enjoying the start of a three-day weekend, please remember that doesn’t excuse you from sending complaints, compliments and hot story tips to editor@innovateli.com. Some of the best Innovate LI content this week came from our inbox. Who’s next? Day trader: It’s Nov 10, and that’s swell, but let’s skip ahead a day for a few interesting Veteran’s…


CEO out as struggling Misonix reshuffles

Surgical device-maker Misonix has named an interim CEO following the resignation of longtime chief executive Michael McManus. McManus, who led the Farmingdale firm for 16 years, announced Aug. 29 he was retiring as president and CEO and resigning his post as chairman of the Misonix board of directors. Succeeding him is Stavros Vizirgianakis, who took the CEO reins on an interim basis as of Sept. 2. Vizirgianakis, who has sat on the directors board since…