Data Storage Full Year 2023 Earnings: EPS: US$0.056 (vs US$0.64 loss in FY 2022)

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Data Storage (NASDAQ:DTST) Full Year 2023 Results

Key Financial Results

  • Revenue: US$25.0m (up 4.6% from FY 2022).

  • Net income: US$381.6k (up from US$4.36m loss in FY 2022).

  • Profit margin: 1.5% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses.

  • EPS: US$0.056 (up from US$0.64 loss in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Data Storage shares are down 19% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Data Storage you should know about.

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