Orbit International Corp.

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. 290: A gift for Adelphi, a world leader for Old Westbury, achieving Orbit and learning Klingon

Marching on: That’s another workweek in the books, dear readers, and just four days to go until the official start of spring (the 2018 Spring Equinox occurs at 12:15 p.m. Tuesday in our Northern Hemisphere). Pay no attention to that talk of another nor’easter bringing snow to Long Island Tuesday night. Not going to happen. Nope. Proper introductions: It’s March 16 out there, a big date for historical launches – the U.S. Military Academy at…


No. 258: Northwell’s big week, Winthrop’s ambitious diabetes study and the Center on Rural Innovation

Welcome, dear readers: To another Wednesday edition of your exclusive Innovate LI newsletter, coming to you on this Ides of November. Before we highlight another busy week in Long Island socioeconomics, a gentle reminder to send your congratulations, corrections and questions to editor@innovateli.com. We love hearing from you. It’s Nov. 15 out there: On which we remember late greats including German-British Astronomer William Herschel (born 1738, discovered Uranus and a bunch of moons), American artist…