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Data Storage (DTST)

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Earnings summaries and quarterly performance for Data Storage.

Recent press releases and 8-K filings for DTST.

Data Storage Corporation Announces Final Tender Offer Results
DTST
Share Buyback
M&A
New Projects/Investments
  • Data Storage Corporation completed its tender offer, purchasing 5,625,129 shares of common stock at $5.20 per share, for an aggregate cost of $29,250,970.80.
  • The accepted shares represent approximately 72.0% of the total outstanding shares as of December 8, 2025, leaving 2,167,138 shares of common stock outstanding.
  • Following the tender offer, the company retains over $10 million in cash and plans to pursue a disciplined acquisition strategy in technology-enabled services.
Jan 16, 2026, 11:03 AM
Data Storage Corporation Announces Final Tender Offer Results
DTST
Share Buyback
New Projects/Investments
M&A
  • Data Storage Corporation announced the final results of its tender offer, which expired on January 12, 2026.
  • The company accepted for purchase 5,625,129 shares of common stock at $5.20 per share, for an aggregate cost of $29,250,970.80.
  • These accepted shares represent approximately 72.0% of the total shares outstanding as of December 8, 2025, resulting in 2,167,138 shares of common stock outstanding after the offer.
  • The tender offer was funded entirely through the company's cash on hand, with over $10 million in cash retained after the payments.
  • Chairman and CEO Chuck Piluso stated the company is now focused on a disciplined acquisition strategy in areas such as GPU environments, AI-driven software applications, cybersecurity, and telecommunications.
Jan 15, 2026, 9:05 PM
Data Storage Corp Extends Tender Offer Expiration
DTST
Share Buyback
New Projects/Investments
  • Data Storage Corporation (DTST) announced on December 23, 2025, that it has extended the Expiration Time for its Offer to Purchase.
  • The new expiration date for the tender offer is January 12, 2026, at 12:00 Midnight New York City Time, extended from the previous date of January 7, 2026.
  • The Company will file an Amendment No. 2 to its Schedule TO with the Securities and Exchange Commission to reflect this extension.
  • Following the completion of the tender offer, DTST plans to invest in and support businesses including GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications.
Dec 23, 2025, 9:10 PM
Data Storage Corporation Outlines 2026 Corporate Strategy
DTST
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Data Storage Corporation (DTST) announced its 2026 corporate strategy on December 18, 2025, which focuses on a disciplined hybrid acquisition strategy for technology consolidation.
  • The company plans to prioritize acquisitions of technology-enabled service providers in areas such as managed IT, cybersecurity, telecom, UCaaS platforms, compliance-as-a-service, and niche micro-SaaS+ services.
  • Execution of this strategy is expected to begin after the completion of a Tender Offer process, anticipated around January 12th.
Dec 18, 2025, 1:31 PM
Data Storage Corporation Outlines 2026 Corporate Strategy
DTST
M&A
New Projects/Investments
  • Data Storage Corporation (DTST) announced its 2026 corporate strategy, which involves a disciplined hybrid acquisition approach focused on technology consolidation and selective investments.
  • The company intends to prioritize acquisitions of technology-enabled service providers such as managed IT, cybersecurity monitoring, telecom, and UCaaS platforms, seeking those with solid annual recurring revenue and high margins.
  • Primary acquisition targets include compliance-as-a-service, document security and digitization, access-control, healthcare BPO, and niche micro-SaaS+ services.
  • A secondary focus involves evaluating companies utilizing GPUs, AI workflow tools, and automation platforms, to be pursued only when aligned with disciplined valuation criteria.
  • The company expects its Tender Offer process to be completed around January 12, 2026, which will clarify available cash for executing the outlined plan.
Dec 18, 2025, 1:30 PM
Data Storage Corp Announces Tender Offer and Strategic Shift
DTST
Share Buyback
New Projects/Investments
M&A
  • Data Storage Corporation (DTST) announced its intention to commence a tender offer to purchase up to 6,192,990 shares of its common stock at $5.20 per share, for an aggregate purchase price of up to $32,203,548.
  • The offer is scheduled to expire at 12:00 midnight, New York City time, on Wednesday, January 7, 2026, and is funded by cash on hand, including proceeds from the sale of its cloud services business completed on September 11, 2025.
  • The company plans to invest in higher-growth areas such as GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications, following the divestiture of its disaster recovery and CPU cloud hosting services business.
Dec 8, 2025, 1:45 PM
Data Storage Corporation Announces Q3 2025 Results and Strategic Repositioning Post-CloudFirst Sale
DTST
M&A
Earnings
Share Buyback
  • Data Storage Corporation completed the sale of its CloudFirst subsidiary for $40 million on September 11, 2025, a move that generated a significant gain and repositioned the company for its "DSC 2.0" strategy.
  • For Q3 2025, sales from continuing operations, primarily its Nexus subsidiary, increased 28.2% year-over-year to $417,000.
  • The company reported net income attributable to common shareholders of $16.8 million for Q3 2025, largely driven by the gain recognized on discontinued operations.
  • Data Storage Corporation ended the quarter with approximately $45.8 million in cash, cash equivalents, and marketable securities, with the final cash position to be determined after a planned tender offer and share buyback process.
  • Management is now focused on disciplined execution, prudent capital allocation, and exploring strategic acquisitions in high-value markets such as GPU-based computing, AI-enabled infrastructure, and cybersecurity.
Nov 19, 2025, 3:00 PM
DTST Reports Q3 2025 Results, Details CloudFirst Sale and Future Strategy
DTST
Earnings
M&A
Share Buyback
  • Data Storage Corporation completed the sale of its CloudFirst subsidiary on September 11, 2025, for $40 million, which was a significant milestone for the company.
  • For the three months ended September 30, 2025, sales from continuing operations (Nexus subsidiary) increased 28.2% to $417,000 compared to the same period last year.
  • Net income attributable to common shareholders for Q3 2025 was $16.8 million, primarily driven by the gain recognized on discontinued operations from the CloudFirst sale.
  • The company ended Q3 2025 with approximately $45.8 million in cash, cash equivalents, and marketable securities. A tender offer and share buyback process is expected to commence shortly, with an estimated post-tender cash position between $5 million and $15 million.
  • DTST is repositioning as "DSC 2.0," focusing on disciplined growth, exploring strategic acquisitions in high-value markets like GPU-based computing and AI, and strengthening its Nexus subsidiary.
Nov 19, 2025, 3:00 PM
Data Storage Corporation Announces Q3 2025 Results and Strategic Repositioning
DTST
Earnings
M&A
Share Buyback
  • Data Storage Corporation completed the sale of its CloudFirst subsidiary on September 11, 2025, for $40 million, a business projected to generate $25 million in annual revenue and $5.5 million in EBITDA.
  • For Q3 2025, sales from continuing operations (Nexus subsidiary) increased 28.2% to $417,000, and net income attributable to common shareholders was $16.8 million, largely driven by the gain on discontinued operations.
  • The company reported $45.8 million in cash, cash equivalents, and marketable securities at September 30, 2025, and plans to proceed with a tender offer and share buyback, expecting to retain $10 million to $15 million in cash post-buyback.
  • DTST is repositioning as "DSC 2.0," focusing on disciplined growth through strategic acquisitions in areas like GPU-based computing, AI-enabled infrastructure, and cybersecurity, while also expanding its Nexus subsidiary.
Nov 19, 2025, 3:00 PM
Data Storage Corporation Reports Q3 2025 Results and CloudFirst Sale Completion
DTST
Earnings
M&A
New Projects/Investments
  • Data Storage Corporation (DTST) reported net income attributable to common stockholders of $16,778,276 and basic earnings per share of $2.30 for the third quarter ended September 30, 2025, which included a $17,471,290 gain on the sale of a discontinued operation.
  • The company completed the transformative sale of its CloudFirst subsidiary, which management stated unlocked significant shareholder value and provided a solid financial foundation.
  • Following the sale, DTST plans to reposition its investments into high-growth areas such as GPU Infrastructure-as-a-Service (IaaS), AI-driven software applications, cybersecurity, and voice/data telecommunications.
  • Sales for the third quarter ended September 30, 2025, were $416,956.
Nov 19, 2025, 1:58 PM