Deal estimated at $42 Million revenue over two years and a 5% equity stake in the new ventureJACKSONVILLE, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), is excited to announce the successful closing of an Asset Management Agreement (“AMA”) through its operating subsidiary, Duos Energy Corporation. The AMA – announced on November 20, 2024 – encompasses the deployment and operation of a fleet of 30 mobile gas-powered turbines and associated bal ...

Subsidiaries Duos Edge AI and Duos Energy to partner with Pampa Economic Development Corporation and Pampa Energy Center to develop high-density Data Center Development ParksJACKSONVILLE, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiaries Duos Edge AI, Inc. (“Duos Edge AI”), and Duos Energy Corp. (“Duos Energy”), proudly announces a pivotal partnership with the Pampa Energy Center (“PEC”). This collaboration aims ...

Exhibit 99.1 Duos Technologies Group Reports Improved Third Quarter 2024 Results Revenue increased 112% to $3.24 million in the quarter of which almost 50% was related to recurring revenue services and consulting with increased gross margin and decreased operating expenses. JACKSONVILLE, FL / Globe Newswire / November 19, 2024 - Duos Technologies Group, Inc. ("Duos" or the "Company") (Nasdaq: DUOT), reported financial results for the third quarter ("Q3 2024") ended September 30, 2024. | --- | |------------- ...

Duos Technologies Group, Inc. (NASDAQ:DUOT) Q3 2024 Earnings Conference Call November 20, 2024 4:00 PM ET Company Participants Chuck Ferry - Chief Executive Officer Adrian Goldfarb - Chief Financial Officer Conference Call Participants Mike Latimore - Northland Capital Markets Ed Woo - Ascendiant Capital Markets Dan Weston - WestCap Management Operator Good afternoon. Welcome to Duos Technologies' Third Quarter 2024 Earnings Conference Call. Joining us for today's call are Duos' CEO, Chuck Ferry, and CFO, A ...

JACKSONVILLE, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), is pleased to announce that its operating subsidiary Duos Energy Corporation has signed a two-year Asset Management Agreement (“AMA”) to deploy and operate a fleet of mobile gas turbines and balance-of-plant inventory (“the portfolio” or “the assets”) that has a combined generation capacity of 850 megawatts. The AMA has been signed with affiliates of Fortress Investment Group (“Fortr ...

Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4%. A quarter ago, it was expected that this company would post a loss of $0.31 per share when it actually produced a loss of $0.43, delivering a surprise of -38.71%.Over the last four quarters, the company h ...

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 port ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number 000-55497 Duos Technologies Group, Inc. (Exact name of registrant as specified in its charter) Florida 65 ...

Duos Technologies to Present at the LD Micro Main Event XVIIPresentation Scheduled for Wednesday, October 30th at 2:30 PM PTOctober 22, 2024 8:00 AM EDT | Source: LD MicroJacksonville, Florida--(Newsfile Corp. - October 22, 2024) - Duos Technologies Group, Inc. (NASDAQ: DUOT) ("Duos" or the "Company"), today announced its participation in the 17th annual LD Micro Main Event. Adrian Goldfarb, the Company's CFO, will present on Wednesday, October 30th, at 2:30 PM PT at the Luxe Sunset Boulevard ...

Canadian National Railway Company (CNI) has entered into a five-year agreement with Duos Technologies Group (DUOT) for Artificial Intelligence or AI rail safety data. The deal makes DUOT eligible to offer a subscription-based safety data service to railcar owners and shippers using CNI's network. In a bid to augment its manual inspection processes, Canadian National has been making use of Machine Vision/AI Wayside Detection technology across its routes in Canada and the United States for five years. Through ...