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0 0 0 0 0.0108695652173913 0.0108695652173913 -0.00217391304347841 -0.0217391304347827
Stock impact report

Data Storage Corporation Reports 2024 Second Quarter Financial Results and Provides Business Update

Data Storage Corporation (DTST) 
Company Research Source: GlobeNewswire
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 months ended June 30, 2024, and attained profitability. For the second quarter of 2024, we generated $4.9 million in revenue. While this represents a decline from the previous year's second quarter, it is important to note that the reduction is attributable to the large one-time equipment sales recor Show less Read more
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