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.

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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.

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Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to loss of $0.49 per share a year ago.

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

Strong First Quarter Performance Driven by 84% Revenue Increase to $2.64 Million Continued Progress in Artificial Intelligence Development with Over 50 Planned Use Cases by Year-end JACKSONVILLE, Fla., May 15, 2023 (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 2023”) ended March 31, 2023.

Duos Technologies Group Reports First Quarter 2023 Results

JACKSONVILLE, Fla., May 02, 2023 (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 that analyzes fast moving vehicles, will hold a conference call on Monday, May 15, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be issued via press release prior to the call.

Duos Technologies Group Sets First Quarter 2023 Earnings Call for Monday, May 15, 2023 at 4:30 PM ET

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Duos Technology Stock, AI Systems Can Prevent Train Derailments

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Chuck Ferry - CEO Andrew Murphy - CFO Conference Call Participants Michael Latimore - Northland Capital Markets Edward Woo - Ascendiant Capital Operator Good afternoon. Welcome to Duos Technologies Fourth Quarter and Full Year 2022 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q4 2022 Earnings Call Transcript

Duos Technologies Group, Inc. (DUOT) delivered earnings and revenue surprises of 16.67% and 5.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Duos Technologies Group, Inc. (DUOT) Reports Q4 Loss, Misses Revenue Estimates

Record Year Performance Driven by 82% Revenue Increase to $15.01 Million

Duos Technologies Group Reports Fourth Quarter and Full Year 2022 Results

JACKSONVILLE, Fla., March 16, 2023 (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 that analyzes fast moving vehicles, will hold a conference call on Thursday, March 30, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued via press release prior to the call.

Duos Technologies Group Sets Fourth Quarter and Full Year 2022 Earnings Call for Thursday, March 30, 2023 at 4:30 PM ET

Duos Technologies reported its Q3 financial results on November 14, 2022, and just announced preliminary Q4 2022 results and 2023 revenue guidance. The company provides a range of 'intelligent' software development for enterprises, primarily in the rail industry.

Duos Technologies Gives Upbeat 2023 Guidance

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2023 Revenue Guidance Set Between $20.0 Million and $21.0 Million 2023 Revenue Guidance Set Between $20.0 Million and $21.0 Million

Duos Technologies Group Issues Preliminary Fourth Quarter and Full Year 2022 Results, Sets Initial 2023 Outlook

New Program to Improve Shareholder Communication and Transparency JACKSONVILLE, FL / ACCESSWIRE / February 2, 2023 / 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 that analyzes fast moving trains and trucks, today announced that the Company is one of approximately 35 Nasdaq-listed firms to be participating on the new Webull Corporate Communications Service Platform. The Duos Technologies portal on the Webull Platform will help provide the Company with a direct line of communication to shareholders and followers by providing instant notifications regarding corporate content such as company news, earnings reports, investor presentations, and more.

Duos Technologies Joins Webull Corporate Communications Service Platform

High Renewal Rate of Recurring Revenue Contracts JACKSONVILLE, FL / ACCESSWIRE / January 25, 2023 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, today announced that it has achieved a 100% renewal rate of its recurring revenue contracts throughout the full year 2022 with $2 million cash inflow from those contracts expected to be received during the first quarter of 2023. In the last 24 months, the Company has focused on improving its service delivery and customer satisfaction by standardizing and upgrading its integrated Centraco Command & Control Software (centraco®) across all sites.

Duos Technologies Grows Revenue Base with Maintenance & Artificial Intelligence Renewals

AI-Infused Infrastructure Enhancing Safety Across North American Rail Network JACKSONVILLE, FL / ACCESSWIRE / January 17, 2023 / 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 that analyzes fast moving trains and trucks, today announced the release of six new artificial intelligence ("AI") detection models for use with the Company's Railcar Inspection Portal ("rip®" or "RIP") solution. The new offerings are the latest additions to a growing catalog of automated inspection tools that allow railcar operators to detect a wide variety of defects such as the condition of air hoses, sill steps, hand brakes, wheels and uncoupling levers.

Duos Releases Six Additional AI Detection Models for Rail Customers

JACKSONVILLE, FL / ACCESSWIRE / January 12, 2023 / 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 that analyzes fast moving trains and trucks, today announced that Chief Executive Officer Chuck Ferry and Chief Financial Officer Andrew Murphy will present and host one-on-one meetings with investors at the Sidoti January Virtual Investor Conference, taking place on January 18-19, 2023. The presentation will begin at 1:00 PM ET (10:00 AM PT) on Thursday, January 19, 2023 and can be accessed live here.

Duos Technologies to Present at the Sidoti Virtual Investor Conference on Thursday, January 19, 2023

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Duos-powered Artificial Intelligence Driving Safety Across North American Rail Network JACKSONVILLE, FL / ACCESSWIRE / January 10, 2023 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, has reported that in 2022 the Company's Railcar Inspection Portal ("rip®" or "RIP") technology performed over seven million comprehensive railcar scans, of which more than 573,000 were unique railcars. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 35% of the total freight car population in North America.

Duos Railcar Inspection Portal (RIP) Technology Performs Over Seven Million Railcar Scans in 2022

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JACKSONVILLE, FL / ACCESSWIRE / December 6, 2022 / 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 that analyzes fast moving trains and trucks, today announced the appointment of industry veteran Thomas Hughes as its Vice President of Sales. In this newly created role Hughes will report directly to Senior VP of Sales and Marketing Matt Keepman and will be responsible for supporting the Company's commercial and go-to-market strategies for its new subscription offerings.

Duos Technologies Appoints Thomas Hughes as Vice President of Sales

JACKSONVILLE, FL / ACCESSWIRE / December 1, 2022 / 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 that analyzes fast moving trains and trucks, today announced that it will be presenting at the Planet MicroCap Showcase: VIRTUAL 2022 on Wednesday, December 7, 2022 at 10:00 a.m. ET (7:00 a.m.

Duos Technologies to Present at the Planet MicroCap Showcase: VIRTUAL 2022 on Wednesday, December 7, 2022

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q3 2022 Results Conference Call November 14, 2022 4:30 PM ET Company Participants Chuck Ferry - CEO Adrian Goldfarb - CFO Andrew Murphy - VP, FP&A Conference Call Participants Michael Latimore - Northland Capital Markets Operator Good afternoon. Welcome to Duos Technologies Third Quarter 2022 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) Q3 2022 Earnings Call Transcript

Third Quarter Results Highlighted by Revenue Increase to $4.02 Million, up 131% Year-Over-Year Reaffirmed Full Year 2022 Revenue Outlook of Between $16.5 Million and $18 Million, Representing an Increase of 99% to 117% Year-Over-Year JACKSONVILLE, FL / ACCESSWIRE / November 14, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving trains and trucks, reported financial results for the third quarter ("Q3 2022") ended September 30, 2022. Third Quarter 2022 and Recent Operational Highlights Scanned approximately 2.0 million railcars during the quarter, detecting thousands of actionable defects in the field.

Duos Technologies Group Reports Third Quarter and Nine Month 2022 Results

JACKSONVILLE, FL / ACCESSWIRE / November 14, 2022 / 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 that analyzes fast moving trains and trucks, today announced the appointment of Andrew Murphy, formerly Company Vice President of Finance, as its new Chief Financial Officer, effective November 15. In conjunction with the Company's succession plan, former CFO Adrian Goldfarb will remain with Duos in a consulting capacity to ensure a smooth transition process and will take on a new position within Duos' newly formed Industry Advisory Group.

Duos Technologies Group Appoints Andrew Murphy as Chief Financial Officer

JACKSONVILLE, FL / ACCESSWIRE / November 1, 2022 / 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 that analyzes fast moving trains and trucks, will hold a conference call on Monday, November 14, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022.

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