Earnings summaries and quarterly performance for DUOS TECHNOLOGIES GROUP.
Executive leadership at DUOS TECHNOLOGIES GROUP.
Board of directors at DUOS TECHNOLOGIES GROUP.
Research analysts who have asked questions during DUOS TECHNOLOGIES GROUP earnings calls.
Dan Weston
WestCap Management
2 questions for DUOT
Edward Woo
Ascendiant Capital Markets
2 questions for DUOT
Vijay Devar
Northland Capital Markets
2 questions for DUOT
Nico Sacchetti
RBC Wealth Management
1 question for DUOT
Nico Sicetti
RBC Wealth Management
1 question for DUOT
Nikolai Sokov
La Chupacabra
1 question for DUOT
Richard Jackson
True North Financial
1 question for DUOT
Rick Jackson
True North Financial Solutions
1 question for DUOT
Ted Woo
Ascendiant Capital Markets
1 question for DUOT
Recent press releases and 8-K filings for DUOT.
- Duos Technologies reported a 112% increase in quarterly revenue to $6.88 million for Q3 2025, primarily driven by the Asset Management Agreement (AMA) with New APR Energy. Revenue for the first nine months of 2025 reached $17.6 million, marking a 202% increase year-over-year.
- The company achieved positive Adjusted EBITDA in Q3 2025, one quarter ahead of projections, and reiterated its full-year 2025 revenue guidance of $28 million to $30 million.
- Duos Technologies significantly improved its liquidity, with cash and cash equivalents totaling $33.20 million at September 30, 2025, up from $6.27 million at December 31, 2024, and has paid off all outstanding debt.
- The company is strategically pivoting to the edge computing space, with six Edge Data Centers deployed and an additional nine scheduled for Q4 2025, aiming for a total of 15 by year-end.
- Leah Brown will assume the role of Chief Financial Officer (CFO) effective November 15, 2025, succeeding Adrian Goldfarb.
- Duos Technologies (DUOT) reported Q3 2025 total revenues of $6.88 million, a 112% increase compared to Q3 2024, and achieved positive adjusted EBITDA of over $491,000, one quarter ahead of prior guidance.
- The company announced that Leah Brown will assume the CFO role effective November 15, 2025, succeeding Adrian Goldfarb, who will transition to a strategic advisor position for 12 months.
- DUOT is executing a strategic pivot into the edge computing and data center market, with a goal to deploy 15 edge data centers by year-end 2025 and has launched a new business, Duos Technology Solutions, to provide infrastructure equipment services.
- The company reaffirmed its 2025 consolidated revenue guidance of $28 million to $30 million and expects to maintain profitability going forward.
- Duos Technologies Group, Inc. reported Q3 2025 revenue of $6.88 million, a 112% increase compared to Q3 2024, and $17.6 million for the first nine months of 2025, representing a 202% increase.
- The company's gross margin for Q3 2025 increased by 174% to $2.5 million, and for the first nine months of 2025, it increased by 569% to $5.4 million.
- Duos raised more than $50 million to capitalize its growth in the data center market and retired all debt.
- The company reiterated its fiscal year 2025 revenue expectations to range between $28 million and $30 million, an increase of 285% to 312% from 2024, and has $25.8 million in backlog, with $12.4 million expected in the remainder of 2025.
- Operational highlights include the deployment of its sixth Edge Data Center with an additional nine scheduled for Q4, a partnership with FiberLight, and the award of a U.S. Patent for its Entryway for a Modular Data Center.
- Duos Technologies Group, Inc. (DUOT) presented at the LD Micro Main Event XIX on October 21, 2025, discussing its operational progress and expansion in Edge Data Centers and digital infrastructure.
- For Q2 YTD 2025, the company reported revenues of $10,688 thousand and a net loss of ($5,597) thousand, resulting in an EPS (LPS) of ($0.48).
- Duos Edge AI, a subsidiary, plans to complete the installation of 15 standalone Edge Data Centers (EDCs) in 2025 and projects Annual Recurring Revenues (ARRs) of $3.0+ million to $65 million from 2025 to 2028.
- As of June 30, 2025, current assets were $4,776 thousand and current liabilities were $13,072 thousand.
- The fully diluted share count was 26,304,290 as of October 17, 2025, with a market capitalization of $141.3 million.
- Duos Technologies Group (DUOT) is undergoing a major expansion into the data center infrastructure space through its new subsidiary, Duos Edge AI, moving beyond its legacy rail inspection business.
- The company deploys modular micro data centers, referred to as "pods," which are $1.2 million fully installed and customer-ready, featuring a patented clean room design. These pods contain 15 sellable cabinets and are primarily targeted at Tier three and Tier four markets, partnering with education and healthcare sectors as anchor tenants.
- Duos Technologies Group recently completed a $45 million capital raise in August/September 2025, its largest ever, resulting in approximately $35 million in cash on the balance sheet with no debt.
- The company currently has 6 pods on the ground and is on track to deploy 15 by the end of 2025, with plans for 45 more in 2026.
- Doug Recker has been appointed President of Duos Technologies Group, leading the new data center initiative.
- Duos Technologies Group (DUOT) is undergoing a significant transformation, expanding from its legacy rail inspection business into the data center infrastructure space through its Duos Edge AI subsidiary, which focuses on deploying modular data centers.
- The company plans to deploy 15 modular data centers by the end of the current year and an additional 45 next year, primarily in Texas and Illinois, targeting tier three and four markets, with a focus on education, healthcare, and mobile operators. These data centers feature a patented clean room technology and operate on an annual recurring revenue model.
- DUOT recently completed a $45 million capital raise in August/early September, resulting in a strong balance sheet with approximately $35 million in cash and no debt. The company's largest shareholder, Black Rotor, holds about 24% of the company through convertible preferred stock.
- DUOS, a digital health company specializing in AI-powered navigation for seniors' healthcare benefits, has raised $130 million in a funding round led by FTV Capital.
- The company plans to invest the new capital in advancing its AI capabilities, scaling operations nationwide, and expanding its engineering team.
- DUOS's platform connects Medicare Advantage, Medicaid, and ACA marketplace members with underutilized benefits and social services to improve health outcomes and reduce costs.
- As part of the funding round, Jenn Kerfoot was promoted to president of market operations, and Alex Mason and Justin Levine from FTV Capital joined DUOS’ board of directors.
- Fangdd Network Group Ltd. (DUO) announced an agreement to acquire certain artificial intelligence technology assets for US$34,320,000.
- This acquisition is part of the company's ongoing strategy to expand into technology-enabled real estate management.
- The seller is entitled to earnout payments for 2025, 2026, and 2027, calculated as a percentage of the increase in total revenue compared to the prior year, with ratios of 20%, 25%, and 30% respectively.
- The transaction is expected to close by December 29, 2025, contingent on Fangdd raising funds within three months.
- Duos Technologies Group, Inc. announced the full exercise of the over-allotment option by its underwriter, Titan Partners Group LLC, which closed on September 2, 2025.
- The exercise involved the purchase of an additional 838,851 shares of common stock at the public offering price of $6.00, generating approximately $4.7 million in net proceeds for the company.
- This over-allotment exercise is related to the public offering that closed on August 1, 2025, which initially raised approximately $36.9 million from the sale of 6,666,667 shares.
- Duos Technologies Group reported a 280% increase in total revenues to $5.74 million for Q2 2025, primarily driven by its energy services and edge computing businesses, specifically the Asset Management Agreement with New APR Energy.
- The company reiterated its full-year 2025 revenue guidance of $28 million to $30 million, representing a 285% to 312% increase from 2024, and expects to achieve breakeven to profitability by Q4 2025 on an adjusted EBITDA basis.
- As of June 30, 2025, Duos had $40.7 million in revenue backlog, with approximately $18 million expected to be recognized in 2025.
- The company's strategy to pivot to the Edge Data Center (EDC) business is gaining momentum, with plans to install 15 EDCs in Texas this year and a goal of 65 installed by the end of 2026. The company does not anticipate needing to raise more equity capital to execute this plan through 2026.
Quarterly earnings call transcripts for DUOS TECHNOLOGIES GROUP.
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