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0.0377777777777778 0.182222222222222 0.0438888888888888 0.0310444444444445 -0.0219333333333333 -0.0288888888888889 -0.1 -0.0799999999999999
Stock impact report

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 Inco...

Data Storage Corporation (DTST) 
Company Research Source: GlobeNewswire
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 operationsReturned $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, 2025Delivered record net income of $19.2 million, primarily attributable to the CloudFirst saleStrengthened capital structure, exiting 2025 debt-free with over $10 milli Show less Read more
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