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/A - Data Storage Corp (0001419951) (Issuer)
4/A - 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., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced the postponement of its 2025 third quarter business update conference call, previously scheduled for November 14, 2025. The rescheduling is necessary to allow time for accounting adjustments related to the recently completed sale of the Company's CloudFirst subsidiary. DSC is working diligently to finalize these adjustments and will provide an updated date and time for the conference call as soon as they are available. About Data Storage CorporationData Storage Corporation (NASDAQ:DTST), once the tender offer is complete, plans to invest in and support busin
MELVILLE, N.Y., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced plans to host a business update conference call at 11:00 a.m. Eastern Time on Friday, November 14, 2025, to discuss the Company's sale of its CloudFirst subsidiary as well as its strategic business outlook. 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 DTST Business Update 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 C
MELVILLE, N.Y., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" or the "Company") today announced the completion of its repurchase of substantially all outstanding warrants originally issued in July 2021 (the "July 2021 Warrants"). The Company paid an aggregate of $2,049,388 to repurchase warrants exercisable for a total of 858,750 shares of common stock, par value $0.001 per share. The repurchase was conducted under the fundamental transaction provision of the July 2021 Warrants, which was triggered by the closing of the Company's sale of its CloudFirst subsidiary on September 11, 2025. The repurchase period closed on October 13, 2025, and all related tra
MELVILLE, N.Y., Sept. 12, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" or the "Company"), today announced it has completed the previously announced sale of its CloudFirst business ("CloudFirst"), comprised of substantially all of the assets held by CloudFirst Technologies Corporation, a wholly-owned subsidiary of the Company, to Performive, a cloud infrastructure provider backed by Renovus Capital Partners. The transaction, approved by shareholders on September 10, 2025, closed on September 11, 2025, and generated approximately $40 million in gross proceeds, with estimated net proceeds of $24 million after fees, taxes, and adjustments. The Company plans to use pr
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
8-K - Data Storage Corp (0001419951) (Filer)
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MELVILLE, N.Y., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced the postponement of its 2025 third quarter business update conference call, previously scheduled for November 14, 2025. The rescheduling is necessary to allow time for accounting adjustments related to the recently completed sale of the Company's CloudFirst subsidiary. DSC is working diligently to finalize these adjustments and will provide an updated date and time for the conference call as soon as they are available. About Data Storage CorporationData Storage Corporation (NASDAQ:DTST), once the tender offer is complete, plans to invest in and support busin
MELVILLE, N.Y., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ:DTST) ("DSC" and the "Company"), today announced plans to host a business update conference call at 11:00 a.m. Eastern Time on Friday, November 14, 2025, to discuss the Company's sale of its CloudFirst subsidiary as well as its strategic business outlook. 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 DTST Business Update 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 C
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
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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