Data Storage First Quarter 2025 Earnings: EPS: US$0.003 (vs US$0.05 in 1Q 2024)
Revenue: US$8.08m (down 1.8% from 1Q 2024).
Net income: US$24.1k (down 93% from 1Q 2024).
Profit margin: 0.3% (down from 4.3% in 1Q 2024). The decrease in margin was primarily driven by higher expenses.
EPS: US$0.003 (down from US$0.05 in 1Q 2024).
This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in the US.
Performance of the American IT industry.
The company's shares are up 6.5% from a week ago.
You should always think about risks. Case in point, we've spotted 2 warning signs for Data Storage you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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