FOX Translator
No data currently available.
No data currently available.
Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.
Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.
Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?
You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.
If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.
Home / Markets / Industries / Technology
Wednesday, June 18, 2008
FalconStor Contributes Over $200,000 to China Earthquake Relief
Comtex
MELVILLE, N.Y., Jun 18, 2008 (BUSINESS WIRE) ----FalconStor Software, Inc. (NASDAQ: FALC), the provider of TOTALLY Open(TM) network storage solutions, today announced that it has donated over $200,000 for victims of the earthquake that struck China's Sichuan Province last month.
"FalconStor extends its deepest sympathies to the people of the Sichuan province," said James Weber, chief financial officer at FalconStor Software. "FalconStor and its employees believe it's our responsibility to assist local and global communities. We hope our contribution can help accelerate the process of assisting those impacted by this terrible natural disaster."
FalconStor is making a company donation and is also matching individual employee contributions to the American Red Cross, AmeriCares and GlobalGiving, of up to $1,000 per donation. To date, FalconStor and its employees have donated $200,000 to the American Red Cross. This contribution will enable the American Red Cross to support the relief efforts of the International Federation of Red Cross and Red Crescent Societies, including the Red Cross Society of China, to provide shelter, clean water, and other basic necessities, purchase and distribute supplies, coordinate relief efforts, and deploy staff to the affected area.
"The American Red Cross is grateful for the outpouring of compassion from FalconStor and its employees," said David Meltzer, senior vice president, International Services for the American Red Cross. "Their generosity and support of the Red Cross mission allows us to bring help and hope to the individuals and families that have been affected by this disaster. I would like to thank the entire FalconStor family for helping our neighbors around the world."
About FalconStor Software, Inc.
FalconStor Software, Inc. (NASDAQ: FALC) is the market leader in disk-based data protection. FalconStor is headquartered in Melville, N.Y., with offices throughout Europe and the Asia Pacific regions including Paris, Tokyo and Taiwan. For more information, visit www.falconstor.com or call 1-866-NOW-FALC (866-669-3252).
FalconStor and FalconStor Software are registered trademarks, and TOTALLY Open is a trademark of FalconStor Software, Inc. All other company and product names contained herein may be trademarks of their respective holders.
SOURCE: FalconStor Software, Inc.
FalconStor Software, Inc. Herman Chin, 631-773-5863 herman.chin@falconstor.com
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 06-14-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 05-01-2008 for FALC @ $8.36. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
