Data Storage Q1 2024 GAAP EPS $0.05 Beats $0.03 Estimate, Sales $8.236M Beat $7.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Data Storage (NASDAQ:DTST) reported Q1 2024 earnings of $0.05 per share, beating the analyst estimate of $0.03 by 66.67%. The company also reported sales of $8.236 million, surpassing the $7.300 million estimate by 12.82%. This represents a 19.71% increase over the same period last year.
May 15, 2024 | 11:01 am
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Data Storage (NASDAQ:DTST) reported strong Q1 2024 results, with EPS of $0.05 beating estimates by 66.67% and sales of $8.236 million exceeding expectations by 12.82%. Sales increased by 19.71% year-over-year.
The significant beat on both EPS and sales, along with a strong year-over-year sales increase, is likely to positively impact DTST's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100