Duos Technologies (DUOT) - 2024 Q3 - Quarterly Results

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. | --- | |------------- ...