MELVILLE, N.Y., June 13, 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 has expanded its contract with a leading provider of end-to-end business processes for their customers globally. Through this six-figure expanded contract, the Company will provide managed encrypted backup and recovery services in addition ...

As the internet and the digital world continue driving economic growth, many industries will prosper. For example, cloud technology has seen massive growth in the past decade and could keep growing at a 21% compound annual growth rate (CAGR) into 2030. However, not all growing companies in the sector receive the same attention, leading to some undervalued cloud stocks to keep an eye on.Typically, cloud technology companies provide computing resources or online data storage services to consumers. Especially ...

财务数据和关键指标变化 - 2024年第一季度总收入为8.2百万美元,同比增长20% [33] - 2024年第一季度毛利为3.0百万美元,毛利率为36%,同比提升6个百分点 [13] - 2024年第一季度调整后EBITDA为680,000美元,同比增长102% [36] - 2024年3月31日现金及可流动证券为11.9百万美元,无长期债务 [30] 各条业务线数据和关键指标变化 - 基础设施和灾备云服务以及设备和软件销售收入增加推动总收入增长 [33] - 公司正在向客户提供更多定制的灾备解决方案,包括提高存储容量、减少磁带使用和跨多国确保合规性 [16][17] 各个市场数据和关键指标变化 - 公司在美国大型保险公司中获得一个重要的云迁移和托管服务合同 [18][19][20] - 公司在英国开设了新的办公室,标志着公司国际化战略的重要里程碑 [21] 公司战略和发展方向及行业竞争 - 公司正在整合旗下子公司,以优化运营、发挥技术团队优势、提高效率和改善内部资源配置 [14][15] - 公司正在积极探索潜在的并购机会,以支持公司的长期增长 [29] - 公司看好IBM平台基础设施服务市场的发展前景,预计未来3-8年内将有40%的市场份额转向云端 [72] 管理层对经营环境和未来前景的评论 - 公司对未来保持乐观,相信通过执行战略计划,公司将实现持续的收入增长和利润提升 [12][13][28][29] - 公司正在积极拓展国际市场,并优化内部运营,为长期盈利奠定基础 [21][28][29] 问答环节重要的提问和回答 问题1 **Matthew Galinko 提问** 询问公司在大型客户和现有客户中的业务拓展情况 [41] **Charles Piluso 回答** 公司目前有10.8百万美元的合同在手,平均合同期31个月,月度经常性收入约34万美元 [42][43] 公司还有一定金额的在执行合同,这些合同将在未来几个季度陆续产生收入和利润 [46][48] 问题2 **Adam Waldo 提问** 询问公司在业务发展和并购方面的策略 [65] **Charles Piluso 回答** 公司正在通过内部培养销售团队、优化营销渠道等方式拓展业务,同时也在积极寻找合适的并购目标,但要谨慎评估并购标的的文化和业务协同性 [72][88][101][115] 问题3 **Bobby Cohen 提问** 询问公司在国际市场的拓展计划 [110] **Charles Piluso 回答** 公司已经在8个国家有国际客户,未来90天内将决定是否在英国部署设备,预计在第四季度开始产生国际市场收入 [111][113]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________to____________________________ Commission File No. 000-35384 DATA STORAGE CORPORATION (Exact name of registrant as specified in its charter) Nevada ...

EXHIBIT 99.1 Data Storage Corporation Reports 20% Increase in Revenue and Again Achieves Profitability for the 2024 First Quarter MELVILLE, N.Y., May 15, 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 months ended March 31, 2024. Chuck Piluso, CEO of Data Stor ...

MELVILLE, N.Y., May 15, 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 months ended March 31, 2024. Chuck Piluso, CEO of Data Storage Corporation, stated, "We continue to execute on our business growth strategy, including new contracts with high profile client ...

MELVILLE, N.Y., May 13, 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 the expansion of its CloudFirst subsidiary into the United Kingdom (UK) with the opening of its London office. This strategic expansion marks a significant milestone in the Company's strategy to serve a global clientele and further CloudFirst's presen ...

MELVILLE, N.Y., May 03, 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 plans to host a conference call at 11:00 a.m. Eastern Time on Wednesday, May 15, 2024, to discuss the Company's financial results for the first quarter of 2024 which ended March 31, 2024, as well as corporate progress and other developments. T ...

Turning $1,000 into $100,000 takes a bit of luck and a ton of tolerance for risk. But for those seeking potentially life-changing returns, micro-cap growth stocks may offer that lottery ticket-like upside. Though finding the next 100x bagger is like searching for a needle in a haystack, a small portion of your portfolio in carefully-selected speculative bets could pay off enormously if just one hits it big.But before jumping in, a word of caution. Dilution kills returns in micro-caps. Many unprofitable star ...

Unless you’ve been living under a rock, you must know that artificial intelligence (AI) stocks have been the hottest investments over the past year. It seems every month another AI-related company is soaring to new highs as investors scramble to get a piece of the action. The fear of missing out (FOMO) is real, and it’s not hard to see why. AI is transforming industries left and right, and the growth potential of this sector is truly mind-boggling.However, many of the high-flying AI stocks you’re hearing ab ...