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Data Storage Corp (DTST) reported a 28.2% increase in sales from continuing operations and a $16.8 million net income, compared to $122,000 in the same period last year. The company sold its cloud-first subsidiary for $40 million, strengthening its financial position. DTST is exploring strategic acquisitions in emerging areas such as GPU-based computing, AI-enabled infrastructure, and cybersecurity. However, there was a delay in reporting financials, selling, general, and administrative expenses increased, and the company faces challenges in acquiring smaller companies.

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