Overview

• US data infrastructure firm's Q1 sales rose yr/yr

• Q1 net loss per share attributable to common stockholders at -$0.20

• Company launched Sovereign AI Solutions subsidiary focused on AI continuity for regulated sectors

Outlook

• Company expects to advance development of Sovereign AI Solutions subsidiary throughout 2026

• Company continues to evaluate strategic partnerships, investments, and acquisitions to strengthen long-term positioning

Result Drivers

• NEXXIS SALES GROWTH - Sales from Nexxis rose 10.9% yr/yr, with gross profit up 32.1%, driven by demand for connectivity solutions and increased spending from existing customers

• AI INFRASTRUCTURE INITIATIVE - Co launched Sovereign AI Solutions focused on developing AI continuity infrastructure for regulated industries

• FINANCIAL POSITION - Co highlighted strong financial position with no long-term debt and substantial working capital

Company press release: ID:nGNX7XC7Wh

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Loss per share attributable to common stockholders – diluted		-$0.20

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• Wall Street's median 12-month price target for Data Storage Corp is $9.00, about 106.4% above its May 14 closing price of $4.36

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