Data Storage Corp

Data Storage Corp. engages in the provision of business continuity services. These services include disaster recovery, infrastructure as a service, and cyber security. Its other services and solutions include data protection services, data center and security, voice and data solutions, and email archival solutions. The company was founded by Charles M. Piluso in June 2001 and is headquartered in Melville, NY.

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Data Storage Corp (DTST) reports strong Q1 growth and strategic initiatives

Data Storage Corp (DTST) delivered strong financial performance in Q1 2024, achieving profitability and emphasizing strategic growth initiatives.
The company's focus on organic growth, international expansion, and cautious M&A strategy positions it for sustainable development and value creation.
Despite challenges in finalizing acquisitions, DTST remains optimistic about its growth prospects and long-term shareholder value.
DTST's expansion into new markets, significant contract wins, and stable financial performance underscore its potential for continued success.

Data Storage Corp (DTST) reports solid Q2 results and eyes UK expansion for growth

Data Storage Corp (DTST) delivered solid Q2 2024 results with revenue growth, profitability, and strategic initiatives driving future expansion.
While facing challenges such as cost management and revenue fluctuations, the company's strengths in recurring revenue and operational resilience position it well for growth.
Opportunities lie in capitalizing on increased demand, expanding service offerings, and leveraging international expansion for market diversification.
Overall, Data Storage Corp (DTST) remains confident in its growth strategy and commitment to creating shareholder value amidst a dynamic market environment.

Data Storage Corp reports Q3 revenue decline but strengthens profitability

Data Storage Corp's Q3 2024 performance reflects a mixed picture with revenue decline but improved profitability.
The company's strategic strengths lie in sector diversification, strong financial position, and customer retention.
While challenges like revenue decline and international expansion exist, opportunities in revenue growth and market expansion are promising.

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MELVILLE, N.Y., July 09, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (the “Company”), a comprehensive provider of IT Solutions including disaster recovery, Infrastructure as a Service, cyber security and cloud, today announced it has received approximately $2.1 million from the voluntary exercise of a portion of the warrants from the Company's May 2021 financing.

Data Storage Receives Over $2 Million in Net Proceeds from Exercise of Warrants

MELVILLE, N.Y., July 08, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (the “Company”), a comprehensive provider of IT Solutions including disaster recovery, Infrastructure as a Service, cyber security and cloud, today announced that Charles M. Piluso, CEO of DSC will present at the Access to Giving Virtual Conference which is being held virtually on July 13th - 15th, 2021.

Data Storage to Present at Access to Giving Virtual Conference on July 14, 2021, at 10:30 AM ET

Data Storage Corp. (NASDAQ:DTST) shares gained a lot of ground on Wednesday. Shares were moving on heavy volume with no apparent company-specific news.

Why Did Data Storage Stock Fly Today?

Data Storage (DTST) shares are running higher on Wednesday as the company gains meme stock status with retail traders on social media. The post DTST Stock: 6 Things to Know About Data Storage Amid Its New Meme Stock Status appeared first on InvestorPlace.

DTST Stock: 6 Things to Know About Data Storage Amid Its New Meme Stock Status

The stock price of Data Storage Corp (NASDAQ: DTST) increased by over 80% pre-market. These are some details you should know.

Data Storage Stock Increases Over 80% Pre-Market: Details

MELVILLE, N.Y., June 03, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection and cloud solutions, today announced it has completed the previously announced merger of Data Storage FL, LLC, a wholly-owned subsidiary of the Company, with and into Flagship Solutions, LLC (“Flagship”), with Flagship surviving as a wholly-owned subsidiary of the Company. Flagship's Chief Executive Officer Mark Wyllie will continue as CEO of the new Flagship subsidiary following the Merger, and has joined DSC's Board of Directors.

Data Storage Completes Merger of Flagship Solutions Group

MELVILLE, N.Y., May 28, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced that it will be presenting at the Summer Solstice Conference, hosted by The MicroCap Rodeo, being held virtually on June 1st – June 4th, 2021.

Data Storage Corporation to Present at the Summer Solstice Conference - Best Ideas from the Buy-Side on June 1st

MELVILLE, N.Y., May 21, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced that Chris Panagiotakos has joined Data Storage Corporation (DTST) as Chief Financial Officer.

Data Storage Corporation Announces the Appointment of Chris Panagiotakos as Chief Financial Officer

MELVILLE, N.Y., May 18, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (NASDAQ: DTST, DTSTW) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the closing of its previously announced underwritten public offering of 1,600,000 units at a price to the public of $6.75 per unit. Each unit issued in the offering consisted of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $7.425. The common stock and warrants were immediately separable and were issued separately. The common stock and warrants began trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols "DTST" and "DTSTW," respectively. DSC received gross proceeds of approximately $10.8 million, before deducting underwriting discounts and commissions and other estimated offering expenses. All share numbers and pricing information in this press release reflect the Company's previously announced 1-for-40 reverse stock split of its issued and outstanding common stock, which was effective at 12:01 a.m., Eastern Time, on May 14, 2021.

Data Storage Corporation Announces Closing of Upsized $10.8 Million Public Offering

Data Storage Corporation (OTC: DTST) announcing the pricing of its upsized underwritten public offering of 1.6 million units at a price to the public of $6.75 per unit. These are the details.

Data Storage (DTST) Stock: Upsized $10.8M Public Offering And Nasdaq Uplisting

MELVILLE, N.Y., May 13, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTC: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the pricing of its upsized underwritten public offering of 1,600,000 units at a price to the public of $6.75 per unit. Each unit to be issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $7.425. The common stock and warrants are immediately separable and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols “DTST” and “DTSTW,” respectively. DSC expects to receive gross proceeds of $10.8 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In connection with the offering, the Company will effectuate a reverse split of its issued and outstanding common stock at a ratio of 1-for-40. The reverse stock split is expected to be effective at 12:01 a.m., Eastern Time, on May 14, 2021. The share numbers and pricing information in this release are adjusted to give effect to the reverse stock split.

Data Storage Corporation Announces Pricing of Upsized $10.8 Million Public Offering and Uplisting to Nasdaq

MELVILLE, N.Y., April 28, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTC: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today announced the promotion of Joseph Lupo to Director, Service Delivery, where he will be responsible for overseeing the Company's Service Delivery Team.

Data Storage Corporation Announces the Appointment of Industry Veteran Joseph Lupo as Director, Service Delivery

MELVILLE, N.Y., April 01, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTC: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection, and cloud infrastructure solutions and services, today provided a business update and announced its 2020 financial results.

Data Storage Corporation Announces Year End Results 2020; Annual Revenue of $9.3 Million Represents Ten Percent Year over Year Increase

MELVILLE, N.Y., March 29, 2021 (GLOBE NEWSWIRE) -- Data Storage Corporation (OTCQB: DTST) (the “Company”), a provider of diverse business continuity, disaster recovery protection and cloud solutions, today announced that it has appointed Thomas Kempster to the new position of Executive Vice President of Strategic Development. Prior to his appointment, Mr. Kempster served as President of Service Operations for the Company.

Data Storage Corporation Announces Appointment of Thomas Kempster as Executive Vice President of Strategic Development

News for Data Storage Corp Stock (DTST)