Data Storage Reports 5% Q2 Growth

Data Storage (NASDAQ:DTST), a provider of cloud-based infrastructure, disaster recovery, and data storage solutions, reported its Q2 2025 financial results on August 14, 2025. The company posted GAAP revenue growth compared to Q2 2024 but reported GAAP results well below analyst expectations, with GAAP earnings per share of $(0.10) missing the consensus estimate by a wide margin and GAAP revenue of $5.1 million also falling short. Gross profit margins remained stable, but operating losses accelerated due to rising expenses. Notably, the company announced a proposed sale of its CloudFirst Technologies subsidiary for $40 million, subject to shareholder approval at the annual meeting on September 10, 2025. If approved, the move could reshape the company’s focus and capital allocation. Overall, the period highlighted resilience in recurring subscription-based business lines but also underscored operational headwinds and uncertainty related to the planned divestiture.Source: Analyst estimates for the quarter provided by FactSet. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool