Nov. 19 at 4:15 PM
$DTST Earnings call transcript: Data Storage Corp Q3 2025 sees net income surge
Data Storage Corporation (DSC) reported significant financial growth in Q3 2025, with net income leaping to
$16.8 million, a dramatic increase from
$122,000 in the previous year. This growth was largely attributed to gains from the sale of its CloudFirst subsidiary. The company’s stock responded positively, rising by 5.91% to
$4.30 during open market trading on November 19, 2025. Despite a forecasted EPS of -
$0.02, the actual earnings exceeded expectations, reflecting a robust quarter for DSC.
Key Takeaways
- Net income surged to
$16.8 million, largely due to the CloudFirst sale.
- Stock price increased by 5.91% following the earnings announcement.
- Revenue from continuing operations grew by 28.2% year-over-year.
- Strategic focus on acquisitions in AI and cybersecurity sectors.
Strong cash position with
$45.8 million in cash and equivalents.
https://www.investing.com/news/transcripts/earnings-call-transcript-data-storage-corp-q3-2025-sees-net-income-surge-93CH-4368221