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Duos Technologies Group Inc - DUOT STOCK NEWS

Welcome to our dedicated news page for Duos Technologies Group (Ticker: DUOT), a resource for investors and traders seeking the latest updates and insights on Duos Technologies Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Duos Technologies Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Duos Technologies Group's position in the market.

News
Rhea-AI Summary
Duos Technologies Group, Inc. announces a groundbreaking patent for using Artificial Intelligence to detect defects in trains, reinforcing their commitment to improving rail safety. The patent covers the use of supervised Machine Learning and introduces the 'human in the loop' feature, empowering rail industry professionals to conduct accurate and efficient inspections. Duos' AI-driven approach aims to prevent derailments and set a new safety standard in the rail industry through innovation and strategic advancements in artificial intelligence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.12%
Tags
AI
-
Rhea-AI Summary
Duos Technologies Group, Inc. reported that its Railcar Inspection Portal technology performed over 8.5 million comprehensive railcar scans in 2023, covering approximately 40% of the total freight car population in North America. The company has formalized a long-term partnership with a major Class 1 railroad to develop critical AI solutions, and has introduced a subscription offering now in use at major freight and passenger carriers. Duos has been implementing inspection and AI technologies at railroads for over 13 years and is focused on monetizing the growing amount of data collected on railcars passing through its systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.18%
Tags
none
-
Rhea-AI Summary
Duos Technologies Group, Inc. announces a multi-year partnership with a leading Class 1 railroad to implement AI-Based Defect Detection models into their operations, setting new industry standards for railway safety. The partnership aims to enhance railway safety, expedite waivers from regulatory requirements, and optimize safe transit across North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.9%
Tags
AI
Rhea-AI Summary
Duos Technologies Group, Inc. (Nasdaq: DUOT) reported Q3 2023 financial results, highlighting a decrease in total revenue and a significant increase in net operating loss. Despite this, the company implemented its first subscription services agreement, performed 2.3 million railcar scans, and strengthened industry collaborations. The Q3 2023 financial results show a decrease in total revenue, gross margin, and an increase in operating expenses and net operating loss.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.05%
Tags
earnings
-
Rhea-AI Summary
Duos Technologies Group, Inc. will hold a conference call on November 14, 2023, to discuss its financial results for the third quarter ended September 30, 2023. The call will be hosted by Duos management and will include a question-and-answer period. The conference call will be broadcast live via telephone and available for online replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.87%
Tags
earnings
-
Rhea-AI Summary
Duos Technologies Group, Inc. to present at Railway Interchange 2023, emphasizing the synergy of AI and human expertise in the rail industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.78%
Tags
conferences
Rhea-AI Summary
Duos Technologies appoints Christopher King as new Chief Commercial Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
management
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Rhea-AI Summary
Duos Technologies Group, Inc. has 13 Railcar Inspection Portals in operation with four major railroads, performing over 3.8 million comprehensive railcar scans in the first half of 2023. Two advanced RIPs are being manufactured for deployment on the high-speed rail network in the Northeast Corridor. Duos plans to build and deploy additional systems around the North American rail network. The Company's RIP technology is becoming the industry standard for detecting mechanical issues on railcars. Duos has more than 40 AI detections with over 95% accuracy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.38%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.02%
Tags
earnings
Rhea-AI Summary
Duos Technologies Group, Inc. (DUOT) to hold conference call on August 14, 2023, to discuss second quarter financial results. The call will be hosted by Duos management and will include a question-and-answer period. Financial results will be issued via press release prior to the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
earnings
Duos Technologies Group Inc

Nasdaq:DUOT

DUOT Rankings

DUOT Stock Data

27.54M
3.91M
31.11%
32.84%
0.57%
Data Processing, Hosting, and Related Services
Information
Link
United States
Jacksonville

About DUOT

duos technologies, inc. designs and manufactures artificial intelligence-driven digital video security systems for government, transportation, commercial, and health care industries. it offers security systems, including intelligent video surveillance and monitoring, automatic digital video recording, indoor and outdoor intrusion detection, integrated intelligent command, intelligent perimeter security, browser-based video and alarm monitoring, human machine interface, electronic access control, biometric readers, and identification badge systems. the company also provides information technology solutions, such as network design topology, program and application development, wide and local area networking, infrastructure cabling, ip telephony and video, virtual private networks and security, remote network administration, data services, historical data collection and reporting, production assets analysis, intrusion detection services, and disaster recovery services. in addition, duos t