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Data Storage - DTSTW STOCK NEWS

Welcome to our dedicated page for Data Storage news (Ticker: DTSTW), a resource for investors and traders seeking the latest updates and insights on Data Storage stock.

About Data Storage Corporation

Data Storage Corporation (DTSTW) is a specialized provider of fully managed cloud hosting, data storage, and disaster recovery services, delivering solutions that protect, secure, and ensure the rapid recovery of critical business data. With an emphasis on cloud computing, cybersecurity, and IT automation, the company offers an expansive service portfolio built around data protection, business continuity, and resilient IT infrastructure support.

Core Services and Solutions

Data Storage Corporation has established a robust suite of solutions designed to safeguard organizational productivity and compliance. Its offerings include:

  • Cloud Storage and Managed Hosting: Securely store and manage data across multiple cloud environments with integrated support for hyperscale providers.
  • Disaster Recovery: Implement continuous data protection, rapid replication, and virtualized recovery strategies to minimize downtime in critical situations.
  • Cybersecurity and IT Automation: Leverage advanced technologies to ensure secure data access and compliance, while automating routine operations.
  • Email Archival and Compliance Solutions: Provide e-discovery capabilities and ensure that data retention meets stringent regulatory standards.
  • Telecom Recovery Services: Offer specialized recovery solutions that support seamless communication systems during infrastructure disruptions.

Operational Excellence and Market Position

The company serves a diverse clientele that includes prominent public sector organizations, multinational enterprises, and institutions in healthcare and education. With strategically located regional data centers across North America, Data Storage Corporation delivers sustainable and recurring subscription-based services, ensuring minimal operational disruptions and consistent data recovery capabilities. By integrating its services with major cloud ecosystems, the company reinforces its technical agility and operational resilience, addressing complex challenges such as legacy system integration, scalability, and high availability.

Competitive Landscape and Differentiation

In the multi-billion-dollar cloud hosting and business continuity market, Data Storage Corporation distinguishes itself through its comprehensive approach to data security and IT automation. Unlike generic service providers, its offerings are tailored to meet the nuanced needs of regulated industries and large-scale enterprises requiring guaranteed data protection and minimal downtime. Through advanced data de-duplication, high availability replication, and virtualized system recovery, the company provides a robust framework that addresses both current operational challenges and stringent compliance demands.

Expertise, Integration, and Client Benefits

With deep industry expertise and an emphasis on technological integration, Data Storage Corporation continuously refines its solutions to meet the evolving demands of the digital era. The company collaborates closely with clients to design scalable architectures that facilitate not only secure data migration but also continual improvement in operational efficiency. This results in significant cost savings, enhanced control over data management, and increased agility in responding to unexpected disruptions.

Commitment to Quality and Trustworthiness

Data Storage Corporation’s offerings are built on a foundation of experience and highly specialized technical knowledge. Its comprehensive service model is crafted for continuous improvement and operational excellence, making it an essential partner for organizations that demand the highest standards of data security and business continuity management. The company maintains its commitment to neutrality, providing reliable, secure, and recoverable solutions that can be trusted by a wide range of industries.

Rhea-AI Summary
Data Storage Corporation (DTST) has secured a six-figure contract with a multinational telecommunications company to replace and maintain its old tape library with new advanced backup technology. The company has had a long-term successful relationship with the multinational corporation for over twelve years and this new contract expands on the current solutions provided by Data Storage Corporation. The CEO, Thomas Kempster, expressed pride in the established relationship and highlighted the implementation of a new backup solution with advanced technology to increase storage capacity and meet compliance requirements in multiple countries.
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Data Storage Corporation (DTST) has appointed Clifford Stein, an experienced entrepreneur and attorney, to its Board of Directors. Mr. Stein is the CEO of Savitar Realty Advisors and brings extensive legal knowledge and real estate expertise to the company. His unique skillset is expected to guide the company's growth, both organically and through acquisitions.
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Data Storage Corporation (Nasdaq: DTST) has announced the merger of its two subsidiaries, Flagship Solutions Group and CloudFirst, aiming to streamline operations, improve economies of scale, and enhance resource allocation. The move is expected to bring together complementary strengths and expertise, enabling the company to grow its technical teams, achieve further economies of scale, and enhance resource allocation internally. The merger also aims to capitalize on cross-selling and upselling opportunities across customer bases and increase customer penetration, resulting in improved business efficiencies and reduced redundant resources and expenses.
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Data Storage Corporation (Nasdaq: DTST) reports a 35% increase in revenue and another quarter of profitability for the three months ended September 30, 2023. The company attributes the growth to new sales and marketing initiatives, strong contract momentum, and expanding relationships with existing clients. They believe that continued execution of their strategic plan will drive long-term growth and profitability, with a strong balance sheet of over $11.5 million in cash and marketable securities.
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DTST: Data Storage Corporation Announces Conference Call to Discuss Q3 2023 Financial Results and Corporate Progress
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Data Storage Corporation (Nasdaq: DTST) has been selected to provide cyber security solutions for a leading sports and entertainment company, expanding its existing relationship with the client and showcasing the quality and reliability of its offerings.
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Data Storage Corporation launches a strategic sales and marketing initiative to capitalize on growing demand for its products and services. The initiative includes hiring multiple new sales representatives and implementing a Major Accounts program to increase penetration within existing enterprise and middle-market accounts.
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Data Storage Corporation to participate in H.C. Wainwright Conference
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Data Storage Corporation reports solid financial results for Q2 2023, with revenue increasing 22% and positive net income for the second consecutive quarter. The company has expanded marketing programs and hosted revenue-driven sales events, resulting in growth in subscription-based services. They recently secured a sizable, subscription-based contract with a large food distributor and a multi-million-dollar project with a leading sports and entertainment company. The company maintains a strong balance sheet with over $10.6 million in cash and short-term investments.
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Data Storage Corporation (DTST) plans to host a conference call on August 14, 2023, to discuss Q2 financial results and corporate progress.
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FAQ

What is the current stock price of Data Storage (DTSTW)?

The current stock price of Data Storage (DTSTW) is $0.293 as of April 23, 2025.

What core services does Data Storage Corporation offer?

The company provides fully managed cloud hosting, disaster recovery, cybersecurity, IT automation, and data protection services. Its solutions are designed to secure critical business data and ensure rapid recovery during disruptions.

How does Data Storage Corporation generate revenue?

Revenue is primarily generated through recurring subscription-based managed services. The company leverages its expertise in cloud computing and managed IT solutions to serve a diverse clientele.

What industries benefit from the company's solutions?

Data Storage Corporation serves a broad range of sectors, including government, education, healthcare, and large-scale enterprises. Its services are particularly vital for organizations with stringent compliance and business continuity needs.

How does the company ensure data protection and disaster recovery?

The company implements continuous data replication, virtualized recovery solutions, and secure backup processes. These measures are complemented by advanced cybersecurity practices to minimize downtime and protect sensitive information.

What differentiates Data Storage Corporation from its competitors?

Its comprehensive suite of services, niche expertise in integrating cloud hosting with disaster recovery and cybersecurity, and the ability to seamlessly align with major hyperscale providers set it apart in the market.

How are regulatory compliance and e-discovery addressed?

The company offers email archival and compliance solutions that support e-discovery and ensure data retention aligns with regulatory standards. This commitment minimizes risk and ensures adherence to legal frameworks.

What role does IT automation play in the company’s offerings?

IT automation enhances operational efficiency by streamlining routine tasks and processes. This allows clients to focus on core business functions while ensuring their data systems run securely and efficiently.

How do the company’s regional data centers impact service delivery?

The strategically located regional data centers across North America enable the company to provide consistent, secure, and fast recovery services. This geographic distribution supports client needs by ensuring high availability and localized support.
Data Storage

Nasdaq:DTSTW

DTSTW Rankings

DTSTW Stock Data

7.05M
Information Technology Services
Services-computer Processing & Data Preparation
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United States
MELVILLE