Data Storage Corporation provides multi-cloud information technology solutions primarily in the United States. The company offers data protection and disaster recovery solutions; data backup and data vaulting solutions, including cloud enterprise storage, de-duplication, compression, and backup and restore services; standby server services; business continuity solutions for mission critical applications; data mirroring services; and cloud-based infrastructure production systems. It also provides cybersecurity solutions comprising managed endpoint security with active threat mitigation, system security assessment, and risk analysis services, as well as applications for continuous security and auditing; and voice and data solutions, such as VoIP and data services with fiber optic networks for businesses to connect from any location. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government sectors. Data Storage Corporation is headquartered in Melville, New York.
IPO Year:
Exchange: NASDAQ
Website: datastoragecorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/26/2021 | $8.00 | Buy | Maxim Group |
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Maxim Group initiated coverage of Data Storage with a rating of Buy and set a new price target of $8.00
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4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
4 - Data Storage Corp (0001419951) (Issuer)
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MELVILLE, N.Y., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) (the "Company"), today provided a business update and reported financial results for the three months and six months ended June 30, 2025. Second Quarter 2025 Highlights: Revenue was $5.1 million, up 4.8% from the same period in 2024, driven by continued growth in subscription-based cloud and Nexxis servicesGross profit totaled $2.5 million, maintaining consistent margin levelsCash and marketable securities were $11.1 million, with no long term debt "We continue to see strong growth in our core business, particularly in our higher-margin, recurring subscription sales," said Chuck Pi
MELVILLE, N.Y., July 31, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced plans to host a conference call at 11:00 a.m. Eastern Time on Thursday, August 14, 2025, to discuss the Company's progress and the financial results for the second quarter of 2025, which ended June 30, 2025. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-412-652-1274. A webcast of the call may be accessed at DSC Q2 2025 Earnings Call or on the Company's News & Events section of the website, www.dtst.com/news-events. A webcast replay of the call will be available on the Co
MELVILLE, N.Y., July 15, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) (the "Company") today announced that on July 11, 2025 it entered into a definitive agreement to sell the assets of the business of its wholly owned subsidiary, CloudFirst Technologies Corporation. The goal of this transaction is to continue to accelerate CloudFirst's growth with a new purchaser, while exploring strategic opportunities for the Company that enhance shareholder value. The transaction is subject to customary closing conditions and approval by Data Storage Corporation's shareholders at its annual meeting of shareholders scheduled for September 10, 2025. Under the terms of the agreement, Cl
Strong Q1 2025 Performance Driven by 14% YoY Revenue Growth in Cloud Infrastructure and Disaster Recovery ServicesCloudFirst International Expansion Accelerated Through Strategic Partnership with PulsantConference Call to be held today at 11:00 am ET MELVILLE, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, with direct connection to AWS, Microsoft Azure, and Google Cloud, today provided a business update and reported financial results for the three months ended March 31, 2025. First Quarter 2025 Hi
MELVILLE, N.Y., May 01, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, integrating seamlessly with AWS, Microsoft Azure, and Google Cloud, today announced plans to host a conference call at 11:00 a.m. Eastern Time on Thursday, May 15, 2025, to discuss the Company's progress and the financial results for the first quarter of 2025, which ended March 31, 2025. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-412-652-1274. A webcast of the call ma
Expanded CloudFirst platform in 2024 with 4 new Tier III data centers (UK & Chicago), totaling 10 globally to enhance multi-cloud and continuity services across North America and EuropeCompleted Flagship Solutions Group integration into CloudFirst, boosting efficiency and cross-sell potential to clients; secured major 2024 contracts across motorsports, insurance, healthcare, and education sectorsNet income improved by approximately 71% for the 2024 fiscal year compared to 2023 fiscal year and achieved Adjusted EBITDA* of $2.37 million for 2024Ends 2024 with $12.3 million in cash and marketable securities and no long-term debtConference Call to be held today at 11:00 am ET MELVILLE, N.Y., Ma
MELVILLE, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, that integrates with AWS, Microsoft Azure, and Google Cloud, today announced that it plans to host a conference call at 11:00 a.m. Eastern Time on Monday, March 31, 2025, to discuss the Company's financial results for the 2024 fiscal year which ended December 31, 2024, as well as corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-
MELVILLE, N.Y., March 20, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, that integrates with AWS, Microsoft Azure, and Google Cloud, today announced that its management will be participating in the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 being held March 25 and 26, 2025. Why Investors Should Tune In: Gain insight into DSC's expanding footprint in cloud hosting and IT modernization.Learn about the Company's scalable, secure, and high-performance cloud solutions.Understand how DSC leverages partnersh
MELVILLE, N.Y., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, that integrates with AWS, Microsoft Azure, and Google Cloud, today announced that its CloudFirst subsidiary has successfully completed a major on-premise infrastructure upgrade for a leading food distributor and long-time enterprise customer, reinforcing its position as a trusted partner for complex IT transformations. The migration involved moving the customer to the latest processors with significantly higher performance, reliability, and scalability to s
MELVILLE, N.Y., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, that integrates with AWS, Microsoft Azure, and Google Cloud, today announced that its subsidiary, CloudFirst Europe, has entered into a strategic partnership with Pulsant, the most geographically diverse UK provider of edge infrastructure and data centres. This partnership aligns with CloudFirst's ongoing growth strategy to strengthen its global footprint. The CloudFirst platform currently operates in six data centers, across three countries, serving more
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MELVILLE, N.Y., July 15, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) (the "Company") today announced that on July 11, 2025 it entered into a definitive agreement to sell the assets of the business of its wholly owned subsidiary, CloudFirst Technologies Corporation. The goal of this transaction is to continue to accelerate CloudFirst's growth with a new purchaser, while exploring strategic opportunities for the Company that enhance shareholder value. The transaction is subject to customary closing conditions and approval by Data Storage Corporation's shareholders at its annual meeting of shareholders scheduled for September 10, 2025. Under the terms of the agreement, Cl
MELVILLE, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced the appointment of Colin Freeman as Managing Director of CloudFirst Europe. Mr. Freeman will oversee the company's expansion into the European market, with an initial focus on leading the United Kingdom. Mr. Freeman brings over 30 years of business leadership experience as well as strategic planning and sales execution. Prior to joining CloudFirst, Mr. Freeman launched his own consulting firm, Frequent Consulting Limited, where h
MELVILLE, N.Y., March 08, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today announced that it has appointed Nancy M. Stallone, CPA, and Uwayne A. Mitchell, Esq., to the Company's Board of Directors. Ms. Stallone will also serve as a member of the Audit Committee. "Nancy and Uwayne bring extensive experience within their respective fields, and we are delighted to welcome them to our board of directors," commented Chuck Piluso, Chief Executive Officer of Data Storage Corporation. "Nancy has an impressive background i
MELVILLE, N.Y., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today announced that it has appointed Clifford Stein to serve on its Board of Directors. Mr. Stein previously served as a member of the Board of Directors from 2010 to 2020. "We are pleased to welcome Cliff back to our board of directors," commented Chuck Piluso, Chief Executive Officer of Data Storage Corporation. "Cliff is an accomplished entrepreneur and seasoned executive, having built and run a successful real estate advisory firm over
MELVILLE, N.Y., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity, disaster recovery protection, IBM Power infrastructure-as-a-service and cyber-security based solutions, announced today that Kristi Cates has joined as Director of Marketing and Ed Grossman has joined as Data Analytics Practice Leader. Ms. Cates will be focused on building go-to-market plans, developing strategic marketing programs and campaigns. She will also work closely with the Company's partnership alliances to fully utilize comarketing program offerings. Ms. Cates is an accomplished demand generation and channel marketing le
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MELVILLE, N.Y., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) (the "Company"), today provided a business update and reported financial results for the three months and six months ended June 30, 2025. Second Quarter 2025 Highlights: Revenue was $5.1 million, up 4.8% from the same period in 2024, driven by continued growth in subscription-based cloud and Nexxis servicesGross profit totaled $2.5 million, maintaining consistent margin levelsCash and marketable securities were $11.1 million, with no long term debt "We continue to see strong growth in our core business, particularly in our higher-margin, recurring subscription sales," said Chuck Pi
MELVILLE, N.Y., July 31, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced plans to host a conference call at 11:00 a.m. Eastern Time on Thursday, August 14, 2025, to discuss the Company's progress and the financial results for the second quarter of 2025, which ended June 30, 2025. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-412-652-1274. A webcast of the call may be accessed at DSC Q2 2025 Earnings Call or on the Company's News & Events section of the website, www.dtst.com/news-events. A webcast replay of the call will be available on the Co
Strong Q1 2025 Performance Driven by 14% YoY Revenue Growth in Cloud Infrastructure and Disaster Recovery ServicesCloudFirst International Expansion Accelerated Through Strategic Partnership with PulsantConference Call to be held today at 11:00 am ET MELVILLE, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, with direct connection to AWS, Microsoft Azure, and Google Cloud, today provided a business update and reported financial results for the three months ended March 31, 2025. First Quarter 2025 Hi
MELVILLE, N.Y., May 01, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, integrating seamlessly with AWS, Microsoft Azure, and Google Cloud, today announced plans to host a conference call at 11:00 a.m. Eastern Time on Thursday, May 15, 2025, to discuss the Company's progress and the financial results for the first quarter of 2025, which ended March 31, 2025. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-412-652-1274. A webcast of the call ma
Expanded CloudFirst platform in 2024 with 4 new Tier III data centers (UK & Chicago), totaling 10 globally to enhance multi-cloud and continuity services across North America and EuropeCompleted Flagship Solutions Group integration into CloudFirst, boosting efficiency and cross-sell potential to clients; secured major 2024 contracts across motorsports, insurance, healthcare, and education sectorsNet income improved by approximately 71% for the 2024 fiscal year compared to 2023 fiscal year and achieved Adjusted EBITDA* of $2.37 million for 2024Ends 2024 with $12.3 million in cash and marketable securities and no long-term debtConference Call to be held today at 11:00 am ET MELVILLE, N.Y., Ma
MELVILLE, N.Y., March 24, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, that integrates with AWS, Microsoft Azure, and Google Cloud, today announced that it plans to host a conference call at 11:00 a.m. Eastern Time on Monday, March 31, 2025, to discuss the Company's financial results for the 2024 fiscal year which ended December 31, 2024, as well as corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-407-9219 for U.S. callers or for international callers +1-
Gross Profit Margin Increased over 400 Basis Points to 43.2% For the Third Quarter of 2024 Achieved Profitability for the Three and Nine Months Ended September 30, 2024 MELVILLE, N.Y., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today provided a business update and reported financial results for the three and nine months ended September 30, 2024. "We have made important progress during recent months," commented Chuck Piluso, CEO of Data Storage Corporation. "Specifically, we achieved $19.0 millio
MELVILLE, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that it plans to host a conference call at 11:00 a.m. Eastern Time on Thursday, November 14, 2024, to discuss the Company's financial results for the third quarter of 2024 which ended September 30, 2024, as well as corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-451-6152 for U.S. callers or for international callers +1-201-389-0879. A webcast of the cal
Gross Profit Margin Increased Over 500 Basis Points to 49.0% for the Second Quarter of 2024 Achieved Profitability for the Six Months Ended June 30, 2024 MELVILLE, N.Y., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT services, today provided a business update and reported financial results for the three and six months ended June 30, 2024. "We experienced strong growth for the first half of 2024," commented Chuck Piluso, CEO of Data Storage Corporation. "Specifically, we achieved $13.1 million in sales for the six mon
MELVILLE, N.Y., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), a provider of diverse business continuity solutions for disaster-recovery, cloud infrastructure, cyber-security, and IT automation, today announced that it plans to host a conference call at 11:00 a.m. Eastern Time on Wednesday, August 14, 2024, to discuss the Company's financial results for the second quarter of 2024 which ended June 30, 2024, as well as corporate progress and other developments. The conference call will be available via telephone by dialing toll-free 877-451-6152 for U.S. callers or for international callers +1-201-389-0879. A webcast of the call may be ac