Apr. 14 at 12:33 PM
$DTST
Data Storage Corporation Reports Fiscal Year 2025 Results; Completes
$40 Million CloudFirst Divestiture, Returns
$29.3 Million to Shareholders Via Tender Offer, and Reports Record Net Income of
$19.2 Million
Tuesday, 14th April at 8:30 am
Company enters 2026 debt-free with over
$10 million in capital, Nexxis operations growing 13.4% with 44.4% gross margins, and a goal of pursuing opportunities in high-growth technology sectors
Conference Call to be Held Today at 11:00 am ET
NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ: DTST) ("DTST" and the "Company"), today announced financial results for the fiscal year ended December 31, 2025, and provided a business update.
Business Highlights:
Completed
$40 million CloudFirst divestiture, generating approximately
$31.6 million in net proceeds and a
$20.1 million net gain on discontinued operations
Returned
$29.3 million to shareholders through a tender offer at
$5.20 per share, reducing shares outstanding by approximately 72% of the total shares outstanding as of December 8, 2025
Delivered record net income of
$19.2 million, primarily attributable to the CloudFirst sale
Strengthened capital structure, exiting 2025 debt-free with over
$10 million in cash and significant financial flexibility
Positioned for M&A, JV, and organic driven growth with a goal of pursuing accretive opportunities
