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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Data Storage Corp reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 15, 2026, Data Storage Corporation, a Nevada corporation (the “Company”), issued a press release that included financial information for its quarter ended March 31, 2026.

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Source: SEC EDGAR

accession 0001731122-26-000728

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