JACKSONVILLE, Fla., June 27, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), CEO Chuck Ferry and newly appointed President of Duos Edge AI, Doug Recker, are being featured on "This Week in Jacksonville - Business Edition", broadcasting today at 9am EDT. They will discuss Duos' recent business expansion and expected contributions to economic growth and development in the Jacksonville area and beyond. The interview is available for viewing at https://www.news4ja ...

JACKSONVILLE, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), held a press conference on June 18th, highlighting key developments in its business strategy. The event was attended by local dignitaries, members of the Jacksonville Chamber of Commerce, and key industry stakeholders. The event was also streamed live via the Duos YouTube channel. CEO Chuck Ferry announced that the Company had signed a strategic partnership with a Class 1 railroad in ...

JACKSONVILLE, Fla., June 13, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT), through its operating subsidiary Duos Technologies, Inc., a provider of Machine Vision and patented Artificial Intelligence ("AI") technology to analyze fast moving freight, passenger and transit trains and trucks, announced today that the Company will be a featured sponsor in Railway Age's "Rail Insights 2024" virtual conference. Scheduled for June 20, 2024, this event will spotlight ...

JACKSONVILLE, Fla., June 11, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, today announces Duos will hold a press conference to discuss major developments that will expand its market reach and enhance the company's growth trajectory. This 30-minute event, led by CEO Ch ...

总体财务表现 - 公司在2023年第四季度的总收入为1.53百万美元，较2022年同期的5.93百万美元下降74%[9] - 公司在2023年第四季度的总成本为1.22百万美元，较2022年同期的3.79百万美元下降68%[10] - 公司在2023年第四季度的毛利为30.3千美元，较2022年同期的214万美元下降86%[11] - 公司在2023年第四季度的净营运亏损为318万美元，较2022年同期的96万零38美元增加[12] 2023年度财务表现 - 2023年度净亏损为11,241,718美元，较2022年度的6,864,783美元有所增加[21] - 公司2023年底的合同积压额约为6.6百万美元，预计2024年将有约4.4百万美元的收入，不包括预计的6.0 - 7.0百万美元的近期奖项和续约[22] - 公司预计2024年全年运营结果将有所改善，第一季度收入预计与2023年第四季度相似，随后将逐季增长[24] 资产负债表现 - 2023年度总收入为7,471,198美元，较2022年的15,012,366美元有所下降[33] - 2023年度亏损达11,241,718美元，较2022年的6,864,783美元有所增加[33] - 现金资产为2,441,842美元，较2022年的1,121,092美元有所增加[34] - 总资产为12,842,285美元，较2022年的13,089,119美元略有下降[34] - 总负债为7,475,771美元，较2022年的9,038,648美元有所减少[34] - 总股东权益为5,366,514美元，较2022年的4,050,471美元有所增加[34] 现金流表现 - 2023年度经营活动现金流净额为-8,746,564美元，较2022年度的-7,873,307美元有所下降[36] - 2023年度公司融资活动提供的现金净额为11,161,223美元，较2022年度的8,745,567美元有所增加[36]

财务数据和关键指标变化 - 总收入同比下降60%至1.07百万美元,主要是由于主要客户的交付时间推迟至2024年第四季度 [14] - 经常性服务和咨询收入同比下降2%,反映了从某些服务收入向订阅收入的转变 [15] - 毛利润同比下降82%至94,000美元,主要是由于收入下降和相关成本下降 [16][17] - 经营亏损同比增加28%至2.75百万美元,但增幅低于收入下降幅度 [19] - 现金及现金等价物为2.98百万美元,加上1.5百万美元的应收款和合同资产,总流动性约为4.5百万美元 [20] - 订单和待执行合同超过10百万美元,其中约7百万美元预计将在2024年剩余时间内确认为收入 [21] 各条业务线数据和关键指标变化 - 铁路车辆检测门户业务收入约270,000美元,占总收入的比重下降 [14] - 经常性服务和咨询收入约800,000美元,占总收入的比重有所上升 [14] 各个市场数据和关键指标变化 - 公司获得一个价值2.7百万美元的新铁路车辆检测门户订单,来自一家大型工业货运企业,拓展了公司的客户群 [28] - 公司在美国国会和加拿大运输部门获得了更多关注和支持 [26][27] 公司战略和发展方向及行业竞争 - 公司正在从单一的资本支出业务向更多元化的经常性收入业务转型,包括AI和订阅服务 [5][32][33] - 公司成立了新的Duos Edge AI业务部门,计划在今年安装4个边缘数据中心,并有200多个潜在项目在pipeline中 [32] - 公司在铁路车辆检测门户技术方面保持领先地位,拥有10项专利,并正在开发更先进的轮轴和制动系统检测技术 [25][26][27][39][40] 管理层对经营环境和未来前景的评论 - 公司预计在2024年下半年会出现业绩改善,并有望在未来几年内实现显著的股东价值增长 [5][12][23] - 公司正在努力提高收入的可预测性和稳定性,并计划在未来几个季度内重新提供指引 [12][22][23] - 管理层对公司在铁路和边缘计算AI领域的发展前景持乐观态度 [31][32][33][34] 问答环节重要的提问和回答 无

Duos Technologies Group, Inc. (DUOT) came out with a quarterly loss of $0.38 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to loss of $0.30 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.63%. 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 $0.44, delivering a surprise of -41.94%. Over the last four quarters, the com ...

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 March 31, 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 65-04932 ...

JACKSONVILLE, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, today proudly announces the granting of another patent for its revolutionary railcar inspection technology. Titled "Device to Capture High Resolution Images of a Train as it Passes Through an Ins ...

JACKSONVILLE, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. ("Duos" or the "Company") (NASDAQ:DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence ("AI") to analyze fast moving freight, passenger and transit trains and trucks, today announced the re-appointment of Adrian Goldfarb as Chief Financial Officer, effective April 29, 2024, following the departure of Andrew Murphy who has been recruited by another company to ...