Data Storage Corp Q2 FY26 net loss widens to $1.23 million; revenue rises 9.3% to $358,530
Reuters2026/08/14 12:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Data Storage Corporation posted a net loss attributable to common stockholders of USD 1.23 million, widening from USD 733,049 a year earlier.
- Revenue rose 9.3% year over year to USD 358,530, while operating loss widened to USD 1.28 million.
- Loss per share from continuing operations was USD 0.52, compared with USD 0.12 a year earlier.
- Cash and cash equivalents fell to USD 270,691 at June 30, from USD 1.99 million at Dec. 31.
- Management said it is evaluating acquisitions in recurring-revenue technology, citing USD 9.3 million in cash equivalents and marketable securities with no long-term debt.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data Storage Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608140830PRIMZONEFULLFEED9810108) on August 14, 2026, and is solely responsible for the information contained therein.
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