Duos Technologies Group, Inc. (DUOT) Reports Q3 Loss, Lags Revenue Estimates

Core Insights - Duos Technologies Group, Inc. reported a quarterly loss of $0.06 per share, outperforming the Zacks Consensus Estimate of a loss of $0.12, and showing improvement from a loss of $0.24 per share a year ago, resulting in an earnings surprise of +50.00% [1] - The company generated revenues of $6.88 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 5.8%, but showing significant growth from $3.24 million in the same quarter last year [2] - Duos Technologies Group, Inc. shares have increased approximately 61.4% year-to-date, significantly outperforming the S&P 500's gain of 16.4% [3] Earnings Outlook - The future performance of Duos Technologies Group, Inc. will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The estimate revisions trend for the company was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] - Current consensus EPS estimate for the upcoming quarter is $0.01 on $10 million in revenues, while for the current fiscal year, it is -$0.46 on $28 million in revenues [7] Industry Context - The Technology Services industry, to which Duos Technologies Group, Inc. belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Bit Digital, Inc., is expected to report results soon, with a projected quarterly loss of $0.00 per share, reflecting a year-over-year change of +100% [9]