Data Storage (NASDAQ:DTST) Releases Earnings Results, Beats Estimates By $0.01 EPS

Data Storage (NASDAQ:DTST) issued its quarterly earnings results on Monday. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01, Zacks reports. The company had revenue of $6.41 million during the quarter, compared to the consensus estimate of $6.20 million. Data Storage had a return on equity of 0.79% and a net margin of 0.64%.

Data Storage Price Performance

Shares of Data Storage stock opened at $3.63 on Tuesday. The firm has a market cap of $25.46 million, a PE ratio of 181.50 and a beta of 0.81. Data Storage has a 1 year low of $3.24 and a 1 year high of $8.00. The stock has a fifty day moving average price of $3.96 and a 200-day moving average price of $4.00.

Data Storage Company Profile

Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense.