secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001731122-24-000523
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112224000523/0001731122-24-000523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112224000523/e5538_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-24-000523

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer