Duos Technologies Group Reports Improved Third Quarter 2024 Results
Duos Technologies Group, Inc. (DUOT)
NASDAQ:AMEX Investor Relations:
ir.duostechnologies.com
Company Research
Source: GlobeNewswire
JACKSONVILLE, Fla., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), reported financial results for the third quarter (“Q3 2024”) ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Delivered and installed Edge Data Center for Amtrak at the Secaucus location. Construction work continues at the site. Received more than $1.4 million in contract modifications at Amtrak including renewal of the subscription utilizing three portals for long-distance passenger trains. Initial discussions for future sites in progress.Expanded investment in new subsidiary, “Duos Edge AI” with the addition of three new EDCs for a total of six units. Expecting continuous delivery to field in Q4 and Q1 and with initial customer indications of approximately $3.3 million in annual recurring revenue for 2025.New subsidiary, “Duos Energy Corporation”, secured initial revenues during the quarter of approximately $500,000 for c
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News
- Duos Technologies Signs $42M Asset Management Agreement with Fortress for 850MW of Power Generation Assets [Yahoo! Finance]Yahoo! Finance
- Duos Technologies Signs $42M Asset Management Agreement with Fortress for 850MW of Power Generation AssetsGlobeNewswire
- Duos Technologies Group Reports Improved Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Duos Technologies Group Sets Third Quarter 2024 Earnings Call for Wednesday, November 20, 2024 at 4:00 PM ETGlobeNewswire
- Duos Edge AI Acquires Additional Edge Data CentersGlobeNewswire
DUOT
Earnings
- 11/19/24 - Beat
DUOT
Analyst Actions
- 9/11/24 - Ascendiant Capital
DUOT
Sec Filings
- 11/21/24 - Form 8-K
- 11/20/24 - Form 8-K
- 11/19/24 - Form 10-Q
- DUOT's page on the SEC website