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Recent Updates — DTST

August 14, 2026View Source ↗

Data Storage Corporation released financial results for the quarter ended June 30, 2026. The company reported a net loss attributable to common stockholders of $1,225,515 and sales of $358,530. Nexxis revenue from continuing operations increased 9.3% year over year. Management highlighted the successful tender offer and sale of the CloudFirst business, noting approximately $9.3 million in cash and marketable securities with no long-term debt. The company is actively evaluating acquisition opportunities focused on recurring revenue technology businesses across AI infrastructure, cybersecurity, and communications sectors. Data Storage Corporation operates in the telecommunications and data storage industry, providing VoIP, internet access, SD-WAN, and data transport services through its subsidiary Nexxis Inc.