Duos Technologies Group

Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions supporting rail, logistics, intermodal and government customers that streamlines operations, improves safety and reduces costs. It offers imaging, safety and security, software, and services. The firm also provides cutting edge solutions that automate the mechanical and security inspection of fast moving trains, trucks and automobiles through a broad range of proprietary hardware, software, information technology and artificial intelligence. The company was founded on May 31, 1994 and is headquartered in Jacksonville, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Duos Technologies Group reports Q1 losses but unveils Edge AI

Duos Technologies Group's Q1 2024 performance saw declines in revenue but highlighted key wins like the Railcar Inspection Portal award and improved backlog.
The formation of Duos Edge AI and plans for edge data centers offer potential for recurring revenue streams and technological advancements in railcar inspections.
While facing challenges in revenue and profitability, Duos Technologies Group has opportunities to capitalize on existing contracts and drive growth through innovative solutions.

Duos Technologies Group diversifies business and anticipates strong margins

Duos Technologies Group is navigating challenges in gross margins while capitalizing on growth opportunities in diversified business segments.
The company's focus on recurring revenue streams and cost management is positioning them for future success.
Strategic partnerships and new subsidiary incorporation indicate a proactive approach to expanding market presence.

Duos Technologies Group reports robust Q3 performance and growth opportunities

Duos Technologies Group showed strong financial performance in Q3 2024 with significant revenue growth and reduced net loss.
The company's stable balance sheet, new business ventures, and contract backlog provide a foundation for future growth.
While challenges like funding constraints and market competition exist, Duos Technologies Group is poised for improved results and revenue recognition.
Opportunities lie in new initiatives, expansions, and partnerships that can drive revenue growth and market presence for the company.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q3 2024 Earnings Conference Call November 20, 2024 4:00 PM ET Company Participants Chuck Ferry - Chief Executive Officer Adrian Goldfarb - Chief Financial Officer Conference Call Participants Mike Latimore - Northland Capital Markets Ed Woo - Ascendiant Capital Markets Dan Weston - WestCap Management Operator Good afternoon. Welcome to Duos Technologies' Third Quarter 2024 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q3 2024 Earnings Call Transcript

Duos to deploy and operate a fleet of mobile gas turbines being acquired by funds managed by affiliates of Fortress Investment Group Duos to deploy and operate a fleet of mobile gas turbines being acquired by funds managed by affiliates of Fortress Investment Group

Duos Technologies Signs $42M Asset Management Agreement with Fortress for 850MW of Power Generation Assets

Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.41 per share a year ago.

Duos Technologies Group, Inc. (DUOT) Reports Q3 Loss, Tops Revenue Estimates

Revenue increased 112% to $3.24 million in the quarter of which almost 50% was related to recurring revenue services and consulting with increased gross margin and decreased operating expenses. Revenue increased 112% to $3.24 million in the quarter of which almost 50% was related to recurring revenue services and consulting with increased gross margin and decreased operating expenses.

Duos Technologies Group Reports Improved Third Quarter 2024 Results

Presentation Scheduled for Wednesday, October 30th at 2:30 PM PT Jacksonville, Florida--(Newsfile Corp. - October 22, 2024) - Duos Technologies Group, Inc.  (NASDAQ: DUOT) ("Duos" or the "Company"), today announced its participation in the 17th annual LD Micro Main Event. Adrian Goldfarb, the Company's CFO, will present on Wednesday, October 30th, at 2:30 PM PT at the Luxe Sunset Boulevard Hotel in Los Angeles.

Duos Technologies to Present at the LD Micro Main Event XVII

Canadian National Railway Company

DUOT's deal with CNI enables the former to offer Machine Vision/AI wayside detection safety data via subscription service.

Canadian National Inks AI-Related Deal With Duos Technologies

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Charles Ferry - CEO Adrian Goldfarb - CFO Conference Call Participants Michael Latimore - Northland Capital Markets Richard Jackson - True North Financial Edward Woo - Ascendiant Capital Markets Operator Good afternoon. Welcome to Duos Technologies' Second Quarter 2024 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q2 2024 Earnings Call Transcript

Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.42 per share a year ago.

Duos Technologies Group, Inc. (DUOT) Reports Q2 Loss, Tops Revenue Estimates

JACKSONVILLE, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), reported financial results for the second quarter (“Q2 2024”) ended June 30, 2024.

Duos Technologies Group Reports Second Quarter 2024 Results

Cognyte Software

UiPath

Artificial intelligence: everybody's talking about it, everybody loves it. Okay, I don't mean that literally but you get the point.

3 AI Stocks to Bet On for Market-Crushing Returns

First three locations identified to give high-speed computing for AI and other applications to underserved communities First three locations identified to give high-speed computing for AI and other applications to underserved communities

Duos issues update on Duos Edge AI Subsidiary

JACKSONVILLE, Fla., June 27, 2024 (GLOBE NEWSWIRE) --   Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), CEO Chuck Ferry and newly appointed President of Duos Edge AI, Doug Recker, are being featured on “This Week in Jacksonville - Business Edition”, broadcasting today at 9am EDT.

UPDATE: Duos Featured on WJXT Channel 4

JACKSONVILLE, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), CEO Chuck Ferry and newly appointed President of Duos Edge AI, Doug Recker, are being featured on “This Week in Jacksonville - Business Edition”, broadcasting today at 9am EDT.

Duos Featured on WJXT Channel 4

Aeva Technologies Inc

DarioHealth

While the innovation sphere constantly focuses on artificial intelligence these days, the top players in the field have gotten a lot of attention – maybe too much attention. Recently, we've seen the mighty Nvidia (NASDAQ: NVDA ) lose a step from its previously mercurial ways.

3 Small-Cap AI Stocks to Buy Now: June 2024

JACKSONVILLE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, has entered into a three-year agreement with Canadian Pacific Kansas City (CPKC) (NYSE: CP) (TSX: CP) allowing CPKC to use Duos developed Artificial Intelligence Solutions for mechanical inspections and cross-border velocity and efficiency.

Duos enters into three-year agreement with CPKC

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q1 2024 Results Conference Call May 13, 2024 4:30 PM ET Company Participants Chuck Ferry - CEO Adrian Goldfarb - CFO Conference Call Participants Ed Woo - Ascendiant Capital Markets Operator Good afternoon. Welcome to Duos Technologies' First Quarter 2024 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q1 2024 Earnings Call Transcript

Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to loss of $0.30 per share a year ago.

Duos Technologies Group, Inc. (DUOT) Reports Q1 Loss, Misses Revenue Estimates

JACKSONVILLE, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the first quarter (“Q1 2024”) ended March 31, 2024.

Duos Technologies Group Reports First Quarter 2024 Results

Cerence

While artificial intelligence represents one of the hottest ticket items out there, the reality is that many if not most AI stocks are overvalued. However, digital intelligence doesn't have to come at a premium price.

Shhh! 3 Secret AI Stocks Flying Below Wall Street's Radar

JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, today proudly announces the granting of another patent for its revolutionary railcar inspection technology.

Duos Granted Comprehensive Patent for Railcar Scanning

JACKSONVILLE, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, today announced the re-appointment of Adrian Goldfarb as Chief Financial Officer, effective April 29, 2024, following the departure of Andrew Murphy who has been recruited by another company to serve as their CFO.

Duos Technologies Group Announces CFO Transition and Strategic Growth Focus

GDS Hlds

Sono-Tek Corp

While any market endeavor carries a level of risk, if you want the highest return possible, you're likely going to have to turn to speculative tech stocks. It's not just about the narrative but the numbers behind them.

3 Tech Stocks to Turn $10,000 Into $1 Million: April 2024

Duos Technologies Group, Inc. (DUOT) Q4 2023 Earnings Call Transcript

BigBear.ai Holdings

Innodata

Investing in a high-growth domain such as artificial intelligence ( AI ) is great if you're seeking perpetual gains. However, financial markets are quickly priced in, meaning the bigger names, such as Advanced Micro Devices (NASDAQ: AMD ), probably won't provide you with the AI-growth story you're looking for.

Forget AMD: These 3 Small-Cap AI Stocks Are the Real Deal

JACKSONVILLE, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2023”) and full year ended December 31, 2023.

News for Duos Technologies Group Stock (DUOT)