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Stock impact report

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

Data Storage Corporation (DTST) 
Company Research Source: GlobeNewswire
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 million in sales for the nine months ended September 30, 2024 and attained profitability for both the three and nine month periods. For the third quarter, we generated $5.8 million in sales. While this reflects a slight decline from the previous year, it does align with our strategic focus on building h Show less Read more
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