How did DTST's revenue and expenses shift in Q4 2024 compared to previous quarters?
5/9/2025 04:31am
Data Storage Corp (DTST) exhibited notable shifts in both revenue and expense dynamics in Q4 2024, compared to its immediate predecessor, Q3 2024, and prior quarters:
1. **Revenue Shifts**:
- **Q4 2024 vs. Q3 2024**: DTST's total revenue remained stable at $6.42 million in Q4 2024, which was identical to the revenue reported in Q3 2024. This consistency suggests a strong operational performance and market stability for the company's data storage solutions.
- **Q4 2024 vs. Previous Quarters**: The absence of specific revenue figures for earlier quarters makes direct comparison challenging. However, the fact that Q4 2024's revenue matched Q3 2024's indicates a positive performance relative to recent past quarters.
2. **Expense Shifts**: There are no available data on DTST's expenses in Q4 2024 compared to Q3 2024. This absence prevents a detailed analysis of potential expense reductions, increases, or shifts in focus for the company's spending during this period.
3. **Insights from Related Reports**: Despite the lack of direct Q4 2024 expense data, relevant reports provide indirect insights into DTST's strategic shifts and financial health:
- The company's focus on international growth and increasing gross profit margins suggests a strategic emphasis on profitability and market expansion.
- The significant increase in net income to $513,000, driven by robust growth in cloud infrastructure and disaster recovery services, indicates a strong operational performance and potential efficiency gains.
- The adjusted EBITDA rose to $2.37 million, reflecting efficient cost management and margin expansion, which could be a result of optimized expense allocation.
In conclusion, while specific expense data is lacking, the available information points to a financially healthy and strategically focused DTST in Q4 2024, with strong revenue performance and potential efficiency gains.