secwatch.observer — SEC 8-K summary
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Issuer:     Data Storage Corp (DTST)
CIK:        0001419951
Form:       8-K
Filed at:   2026-04-14T23:59:59+00:00
Accession:  0001731122-26-000562
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data Storage Corp reports record net income $19.2M; completes $40M CloudFirst sale, returns $29.3M to shareholders
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- Record net income of $19.2M from discontinued ops. Continuing ops revenue $1.4M, up 13.4% YoY.
- Completed $40M CloudFirst divestiture; net proceeds $31.6M, net gain $20.1M.
- Returned $29.3M to shareholders via tender offer at $5.20/share, reducing shares by ~72%.
- Exited 2025 debt-free with >$10M cash; Nexxis gross margin expanded to 44.4% from 43.2%.
- Targeting M&A in AI-enabled SaaS, GPU infrastructure, cybersecurity; expects near-term updates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419951/000173112226000562/0001731122-26-000562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419951/000173112226000562/e7557_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000562

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