Duos Technologies Group Reports Second Quarter 2024 Results
Duos Technologies Group, Inc. (DUOT)
NASDAQ:AMEX Investor Relations:
ir.duostechnologies.com
Company Research
Source: GlobeNewswire
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. Second Quarter 2024 and Recent Operational Highlights Closed initial 5-Year support services and data sharing agreement with Class 1 railroad valued at $10.9 million. The agreement provides full data availability for 7 existing client portals. Additionally, we now have data available from an eighth portal from a Mexican railroad, which we plan to leverage all 8 portals for subscription marketing starting in Q3.Over 2.3 million comprehensive railcar scans were performed in the second quarter across 13 portals, with more than 383,000 unique railcars scanned. This metric encompasses all railcars scanned at locations across the U.S., Canada, and Mexico, representing approximately 24% of the total freight car population in North America.Delivered and installed Edge Data Center f
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News
- Duos Technologies Group, Inc. (NASDAQ: DUOT) had its price target raised by analysts at Ascendiant Capital Markets from $5.75 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Duos Edge AI Launches First Edge Data CenterGlobeNewswire
- Duos Technologies to Present at the 2024 Gateway Conference on September 4thGlobeNewswire
- Duos Technologies Group Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Duos Technologies Group, Inc. (DUOT) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
DUOT
Earnings
- 8/13/24 - Miss
DUOT
Analyst Actions
- 9/11/24 - Ascendiant Capital
DUOT
Sec Filings
- 9/24/24 - Form DEFA14A
- 9/23/24 - Form 4
- 9/23/24 - Form 8-K
- DUOT's page on the SEC website