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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JACKSONVILLE, FL / ACCESSWIRE / October 20, 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 addition of David McKee to its newly formed Industry Advisory Group. The Industry Advisory Group's function will be to provide consultation on certain areas requiring specialist industry, technical or financial knowledge to assist senior management in strategic planning.

Duos Technologies Appoints Rail Veteran David McKee to Industry Advisory Group

JACKSONVILLE, FL / ACCESSWIRE / October 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 Matt Keepman as its Senior Vice President of Sales and Marketing. In this newly created role Keepman will report directly to CEO Chuck Ferry and will be responsible for leading the Company's commercial strategy with a focus on driving top line growth.

Duos Technologies Appoints Rail Industry Veteran Matt Keepman as Senior VP of Sales and Marketing to Accelerate Growth

JACKSONVILLE, FL / ACCESSWIRE / October 4, 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 an expanded business plan to build, own, and operate railcar inspection portals ("Subscription RIPs") at strategic locations within the North American rail network. Following the close of a capital raise currently underway, Duos will initiate procurement for equipment & components and commence manufacturing of the first two Duos-owned Subscription RIPs.

Duos Technologies Group Announces New and Expanded Subscription Offerings Through Company-Owned Inspection Portals

JACKSONVILLE, FL / ACCESSWIRE / October 3, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytical solutions, today announced that it has commenced a Private Investment in Public Equity ("PIPE") offering of its stock to certain investors. All shares of stock to be sold in the PIPE offering will be offered by Duos.

Duos Technologies Group Announces Stock Offering in Conjunction with Business Expansion

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Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Chuck Ferry - CEO Adrian Goldfarb - CFO Conference Call Participants Michael Latimore - Northland Capital Markets Richard Jackson - True North Financial Operator Good afternoon. Welcome to Duos Technologies Second Quarter 2022 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) CEO Chuck Ferry on Q2 2022 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / August 15, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), a provider of vision based analytical technology solutions, reported financial results for the second quarter ("Q2 2022") ended June 30, 2022. Second Quarter 2022 and Recent Operational Highlights Secured over $1 million in new business relating to upgrades and modifications of existing contracts and projects currently in production.

Duos Technologies Group Reports Second Quarter 2022 Results

JACKSONVILLE, FL / ACCESSWIRE / August 1, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision-based analytical solutions, will hold a conference call on Monday, August 15, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2022.

Duos Technologies Group Sets Second Quarter 2022 Earnings Call for Monday, August 15, 2022, at 4:30 PM ET

JACKSONVILLE, FL / ACCESSWIRE / June 7, 2022 / 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 it has joined the NVIDIA Metropolis partner program. Metropolis is an application framework and set of developer tools that bring to market a new generation of vision artificial intelligence (AI) applications to make the world's most important spaces and operations safer and more efficient.

Duos Technologies Joins NVIDIA Metropolis to Accelerate Railcar Inspections, Enhance Safety with Vision AI

Duos Technologies Group, Inc. (NASDAQ:DUOT ) Q1 2022 Results Conference Call May 16, 2022 4:30 PM ET Company Participants Chuck Ferry - CEO Adrian Goldfarb - CFO Conference Call Participants Mike Latimore - Northland Capital Operator Good afternoon. Welcome to Duos Technologies First Quarter 2022 Earnings Conference Call.

Duos Technologies Group, Inc. (DUOT) CEO Chuck Ferry on Q1 2022 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / May 16, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq:DUOT), a provider of vision based analytical technology solutions, reported financial results for the first quarter ("Q1 2022") ended March 31, 2022. First Quarter 2022 and Recent Operational Highlights Confirmed $9 million order for thermal and vision scanner solution.

Duos Technologies Group Reports First Quarter 2022 Results

JACKSONVILLE, FL / ACCESSWIRE / May 10, 2022 / 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, will hold a conference call on Monday, May 16, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2022.

Duos Technologies Group Sets First Quarter 2022 Earnings Call for Monday, May 16, 2022 at 4:30 PM ET

JACKSONVILLE, FL / ACCESSWIRE / April 27, 2022 / 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 been invited to present at the Planet MicroCap Showcase 2022, which is being held at the Bally's Hotel & Casino in Las Vegas, NV on May 3-5, 2022. Duos management will be presenting on Wednesday, May 4, 2022 at 2:00 p.m.

Duos Technologies to Present at the Planet MicroCap Showcase 2022 in Las Vegas on Wednesday, May 4, 2022

A new CEO is like a fresh broom, cleaning up the organization and focusing on critical AI capabilities after the pandemic-induced slump in activity.

Meaningful Progress At Duos Technologies

Duos Technologies Group, Inc. (DUOT) CEO Charles Ferry on Q4 2021 Results - Earnings Call Transcript

JACKSONVILLE, FL / ACCESSWIRE / March 30, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of vision based analytical technology solutions, reported financial results for the fourth quarter ("Q4 2021") and full year ended December 31, 2021. Fourth Quarter 2021 and Recent Operational Highlights Awarded a $2.7 million contract with an existing Class I rail operator customer to deploy an additional Railcar Inspection Portal (rip®) on the U.S. side of the customer's Southwestern border operations.

Duos Technologies Group Reports Fourth Quarter and Full Year 2021 Results

JACKSONVILLE, FL / ACCESSWIRE / March 23, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision-based analytical solutions, will hold a conference call on Wednesday, March 30, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2021.

Duos Technologies Group Sets Fourth Quarter and Full Year 2021 Earnings Call for Wednesday, March 30, 2022 at 4:30 PM ET

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JACKSONVILLE, FL / ACCESSWIRE / February 8, 2022 / Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), a provider of vision based analytical technology solutions, has been invited to present at the Winter Wonderland Best Ideas Virtual Investor Conference, which is being held on February 8-11, 2022. Duos management is scheduled to present on Wednesday, February 9 at 12:30 p.m.

Duos Technologies to Present at the Second Annual Winter Wonderland Best Ideas Virtual Investor Conference on February 9, 2022

JACKSONVILLE, FL / ACCESSWIRE / February 4, 2022 / Duos Technologies Group, Inc . ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytic solutions, today announced the pricing of its previously-announced underwritten registered public offering of 1,325,000 shares of its common stock at a public offering price of $4.00 per share.

Duos Technologies Group Announces Pricing of its Public Offering of Common Stock

JACKSONVILLE, FL / ACCESSWIRE / February 3, 2022 / Duos Technologies Group, Inc . ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytical solutions, today announced that it has commenced an underwritten registered public offering of its common stock.

Duos Technologies Group Announces Proposed Public Offering of Common Stock

Initial 2022 Revenue Guidance Set Between $16.5 Million and $18 Million Based on Current Backlog JACKSONVILLE, FL / ACCESSWIRE / January 28, 2022 / Duos Technologies Group, Inc . ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytical solutions, reported select preliminary financial results for the fourth quarter and full year ended December 31, 2021.

Duos Technologies Group Issues Preliminary Fourth Quarter and Full Year 2021 Revenue Results

Public/private cooperative will improve inspection operations and increase train velocity through a U.S.-Mexico Border crossing JACKSONVILLE, FL / ACCESSWIRE / January 27, 2022 / Duos Technologies Group, Inc . ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc., a provider of vision based analytical solutions, has been awarded a contract from an existing Class I rail operator customer to deploy an additional Railcar Inspection Portal (rip®) on the U.S. side of the customer's Southwestern border operations.

Duos Technologies Secures $2.7 Million Contract for Railcar Inspection Portal at the Southwestern U.S. Border

Landmark Contract Represents First Strategic Transit Partner in Canada for Duos JACKSONVILLE, FL / ACCESSWIRE / January 25, 2022 / Duos Technologies Group, Inc . ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. the leading provider of machine vision-based and Artificial Intelligence (AI) solutions for the rail industry, has been awarded a contract for its Automatic Pantograph Inspection System (apis®) with a large Canadian transit agency.

Duos Technologies Awarded Automatic Pantograph Inspection System Contract with Large Canadian Transit Agency

CSX Adds Third Unit in Expansion of Automated Inspection Technology Utilizing AI JACKSONVILLE, FL / ACCESSWIRE / December 16, 2021 / 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 been awarded a contract for an additional turn-key Railcar Inspection Portal (rip®) with existing customer CSX Corporation ("CSX") (NASDAQ:CSX).

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