---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-001785"
form_type: "8-K"
ticker: "DTST"
cik: "0001419951"
company_name: "Data Storage Corp"
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:23:48.212258+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 Q3 profitability; gross margin up 400+ bps to 43.2%

## Summary
- Revenue $5.8M in Q3 2024, slight decline YoY but strategic shift to recurring subscriptions.
- Gross profit margin increased over 400 bps to 43.2% for Q3; gross profit up 8.7%.
- Nine-month revenue $19.0M; achieved profitability for both three and nine months ended Sep 30, 2024.
- Cash and marketable securities $11.9M, no long-term debt.
- Expanded contracts with insurance, healthcare, education; new Chicago data center; UK expansion with appointment of Colin Freeman.

## SEC filing metadata
- accession: 0001731122-24-001785
- form_type: 8-K
- ticker: DTST
- cik: 0001419951
- company_name: Data Storage Corp
- filed_at: 2024-11-14T23:59:59+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/1419951/000173112224001785/0001731122-24-001785-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419951/000173112224001785/e6134_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-001785
- JSON: https://secwatch.observer/filing/0001731122-24-001785.json
- Plain text: https://secwatch.observer/filing/0001731122-24-001785.txt

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