Data Storage Corporation reported its financial results for the first quarter ended March 31, 2025, on May 15, 2025. Cloud infrastructure and disaster recovery services demonstrated strong performance with a 14% year-over-year revenue increase. Total revenue experienced a modest decline due to reduced equipment sales, aligning with the company's strategic focus on building a stable, high-margin, recurring revenue client base.
CloudFirst Technologies continued to operate profitably on a standalone basis, serving as a scalable, recurring revenue engine. The company reported an Adjusted EBITDA of $497,000 for the quarter, reflecting its commitment to operational efficiency and margin discipline.
Strategic progress included a new partnership with Pulsant, a leading U.K. edge data center provider, to extend IBM Power-based cloud offerings across their national footprint. CloudFirst also completed a major infrastructure upgrade for a long-time enterprise client in the food distribution sector, migrating legacy systems to high-performance IBM processors with direct connections to AWS, Azure, and Google Cloud.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.