Data Storage Corporation Reports 2024 Fiscal Year Financial Results and Provides Business Update

"We made consistent progress in 2024 — both financially and strategically," said Chuck Piluso, CEO of Data Storage Corporation. "To start, total revenue for the year increased to $25.4 million, a modest 2% gain from 2023, reflecting a shift from lower-margin, one-time equipment sales toward long term, recurring subscription revenue streams. This strategy builds on our already$ 39.2 million remaining contract value with disaster recovery and cloud hosting solutions. Importantly, we ended the year with an est ...