---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-000523"
form_type: "8-K"
ticker: "DTST"
cik: "0001419951"
company_name: "Data Storage Corp"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:58:42.394116+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Data Storage Corp reports record FY2023 revenue of $25M, achieves profitability

## Summary
- FY2023 revenue $25.0M (record); gross profit margin 38.4% vs 33.9% prior year.
- Recurring subscription services up 17% YoY; gross profit grew 18.5%.
- Achieved profitability for FY2023; cash and marketable securities $12.7M.
- CEO cites contract wins, CloudFirst/Flagship merger, and strategic M&A pipeline.

## SEC filing metadata
- accession: 0001731122-24-000523
- form_type: 8-K
- ticker: DTST
- cik: 0001419951
- company_name: Data Storage Corp
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419951/000173112224000523/0001731122-24-000523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419951/000173112224000523/e5538_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-000523
- JSON: https://secwatch.observer/filing/0001731122-24-000523.json
- Plain text: https://secwatch.observer/filing/0001731122-24-000523.txt

## Key facts
- Earnings Releases
  Data Storage Corp reported year ended December 31, 2023 results: revenue $25.0 million.
  - Period: year ended December 31, 2023
  - Revenue: $25.0 million
  - Result: reported results
  source text: Data Storage Corporation Reports Record Revenue of $25 Million and Achieves Profitability for the 2023 Fiscal Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419951/000173112224000523/0001731122-24-000523-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.