Data Storage Q1 update: Nexxis sales +10.9% YoY, launches AI subsidiary

Data Storage Corp

Nexxis segment sales up 10.9% YoY; gross profit +32.1% with margin 53.7% (vs 45.0%).
Establishing wholly owned subsidiary Sovereign AI Solutions for AI continuity in regulated industries.
Strong balance sheet: no long-term debt and substantial working capital.
Evaluating strategic partnerships, investments, and acquisitions to enhance shareholder value.
Conference call at 11:00 AM ET today to discuss results and strategic initiatives.

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