Data Storage Stock Price, News & Analysis

Data Storage Corporation (Nasdaq: DTST) will host a business update conference call on Friday, November 14, 2025 at 11:00 a.m. ET to discuss the Company's sale of its CloudFirst subsidiary and its strategic business outlook.

The call is accessible by telephone (U.S. toll-free 877-407-9219; international +1-412-652-1274) and via webcast at the company's News & Events page (www.dtst.com/news-events). A webcast replay will be available through May 14, 2026. A telephone replay will be available approximately three hours after the call through November 21, 2025 (U.S. replay 877-660-6853; international +1-201-612-7415; conference ID 13756996).

Data Storage Corporation (Nasdaq: DTST) completed repurchase of substantially all July 2021 warrants, paying an aggregate of $2,049,388 to repurchase warrants exercisable for 858,750 shares of common stock.

The repurchase was triggered by the closing sale of the CloudFirst subsidiary on September 11, 2025, the repurchase period closed on October 13, 2025, and all related transactions have been settled. Following completion, 172,500 warrants remain outstanding, which the company says simplifies its capital structure and removes a potential source of future dilution.

The company said it intends to commence a tender offer in the near future; timing, terms, and instructions will be announced once finalized.

Data Storage Corporation (Nasdaq: DTST) has completed the sale of its CloudFirst business to Performive, a cloud infrastructure provider backed by Renovus Capital Partners. The transaction, which received shareholder approval on September 10, 2025, generated $40 million in gross proceeds and $24 million in net proceeds after fees, taxes, and adjustments.

The company plans to utilize the proceeds for targeted acquisitions and investments in digital infrastructure, focusing on AI-enabled software, GPU technologies, and cybersecurity. DSC will continue operating its telecommunications subsidiary, Nexxis, Inc. Under Performive's ownership, the CloudFirst brand, leadership team, and service model will remain unchanged, ensuring continuity in client relationships and operations.

Data Storage Corporation (Nasdaq: DTST) reported Q2 2025 financial results with revenue of $5.1 million, up 4.8% year-over-year, and gross profit of $2.5 million. The company announced a significant strategic move: the proposed $40 million sale of CloudFirst Technologies Corporation, expected to yield net proceeds of approximately $24 million after adjustments.

Following shareholder approval, DTST plans to initiate a tender offer to repurchase up to 85% of outstanding common stock using 85% of available cash, including proceeds from the CloudFirst sale. The company maintains a strong financial position with $11.1 million in cash and marketable securities and no long-term debt. Management aims to focus on high-growth technology sectors including AI, cybersecurity, and AI vertical SaaS, with plans for a corporate rebranding to align with this strategic direction.

Data Storage Corporation (Nasdaq: DTST) has scheduled its Q2 2025 business update conference call for August 14, 2025 at 11:00 AM ET. The call will discuss the company's financial results for the second quarter ended June 30, 2025.

Investors can access the call via telephone by dialing 877-407-9219 (U.S.) or +1-412-652-1274 (International). A webcast will be available on the company's website, with the replay accessible through February 14, 2026. A telephone replay will be available for one week through August 21, 2025.

Data Storage Corporation (Nasdaq: DTST) has announced a definitive agreement to sell its subsidiary CloudFirst Technologies Corporation to Performive, a cloud infrastructure provider backed by Renovus Capital Partners. The transaction, subject to shareholder approval at the September 10, 2025 annual meeting, will maintain CloudFirst's brand, leadership, and support teams.

Following shareholder approval, DTST plans to initiate a tender offer to repurchase up to 85% of its outstanding shares. The company will retain its public listing and continue operating Nexxis Inc., its telecommunications division. Remaining funds will be used to pursue strategic acquisitions in high-growth sectors including AI-enabled SaaS, cybersecurity, and healthcare automation.

Data Storage Corporation (DTST) reported its Q1 2025 financial results with revenue of $8.1 million, driven by a 14% year-over-year growth in Cloud Infrastructure and Disaster Recovery services. The company achieved gross profit of $2.86 million and Adjusted EBITDA of $497,000. DTST ended the quarter with $11.1 million in cash and marketable securities, maintaining a debt-free position. Key developments include a strategic partnership with Pulsant, a UK edge data center provider, to expand CloudFirst's IBM Power-based cloud offerings internationally. The company also completed a major infrastructure upgrade for an enterprise client in food distribution, implementing high-performance IBM processors with direct connections to AWS, Azure, and Google Cloud.

Data Storage Corporation (DTST) has announced a conference call scheduled for May 15, 2025, at 11:00 a.m. Eastern Time to discuss their Q1 2025 financial results and company progress. The company, which specializes in multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation with integrations for major cloud providers, will make the call accessible via phone and webcast.

U.S. participants can join toll-free at 877-407-9219, while international callers can dial +1-412-652-1274. A webcast replay will be available on the company's website until November 15, 2025, and a telephone replay will be accessible until May 22, 2025, using conference ID 13753165.

Data Storage (DTST) reported its fiscal year 2024 results, highlighting significant financial improvements and strategic expansions. The company achieved total revenue of $25.4 million, a 2% increase from 2023, with a notable shift towards recurring subscription revenue. Net income surged 71% to $513 thousand, while Adjusted EBITDA reached $2.37 million.

Key developments include:

• Expansion to 10 global Tier III data centers, including new facilities in the UK and Chicago
• Integration of Flagship Solutions Group into CloudFirst Technologies
• Establishment of CloudFirst Europe with three UK data centers
• Secured major contracts in motorsports, insurance, and healthcare sectors

The company maintains a strong financial position with $12.3 million in cash and marketable securities, no long-term debt, and an estimated $22 million Annual Recurring Revenue run rate, with over 80% recurring revenue.