Duos Technologies Group Inc Stock Price, News & Analysis

Duos Technologies (Nasdaq: DUOT) has been added to the Russell Microcap® Index as part of the 2025 Russell indexes reconstitution, effective June 30, 2025. The inclusion comes as part of FTSE Russell's annual reconstitution process, which captures the 4,000 largest US stocks ranked by total market capitalization.

According to Adrian Goldfarb, CFO of Duos, the company is experiencing momentum in its core AI inspection business and expanding its Duos Edge AI capabilities, particularly in deploying scalable edge data centers to underserved markets. The Russell indexes serve as benchmarks for approximately $10.6 trillion in assets as of June 2024.

Duos Technologies Group (NASDAQ: DUOT) has announced a strategic partnership with Region 3 Education Service Center (ESC) to deploy a new Edge Data Center (EDC) in Victoria, Texas. The facility will serve as a computing hub supporting 37 school districts in the Region 3 footprint, providing low-latency access to AI-based learning platforms, telemedicine, and EHR systems.

The EDC features SOC 2 Type II compliance, N+1 power redundancy, and dual generators. This deployment is part of Duos Edge AI's 2025 roadmap, which targets 15 contracted EDCs by year-end. The company has already identified nine commercial sites and is conducting negotiations for additional locations across Texas, the Southeast, and Midwest.

Duos Technologies Group (NASDAQ: DUOT) has appointed retired Brigadier General Craig Nixon as its new Chairman of the Board of Directors, effective immediately. Nixon, a decorated special operations veteran with 29 years of military service, succeeds Kenneth Ehrman, who served as Chairman since 2020. Nixon's extensive experience includes serving as CEO of ACADEMI and building Constellis Group into a global security leader with over $1 billion in revenue. He is currently CEO of Nixon Six Solutions and was a founding partner of McChrystal Group.

Nixon brings significant leadership experience from both military and private sectors, with seven tours in elite units like the 75th Ranger Regiment and Joint Special Operations Command. He holds degrees from Auburn University and has been inducted into the Ranger Hall of Fame. The outgoing chairman, Kenneth Ehrman, is stepping down to focus on Halo Collar, a smart pet safety solutions provider.

Duos Technologies Group (NASDAQ: DUOT) reported strong Q1 2025 financial results, with revenue increasing 363% to $4.95 million compared to Q1 2024. The growth was primarily driven by the Asset Management Agreement (AMA) with New APR Energy, contributing $4.89 million in services and consulting revenue. Gross margin improved significantly by 1,288% to $1.31 million. Despite operational improvements, the company recorded a net loss of $2.08 million, a 24% decrease from the previous year. The company maintains a strong backlog of $17.8 million plus $7-8 million in near-term awards. Cash position stands at $3.80 million with additional $2.68 million in receivables. Duos reaffirmed its 2025 revenue guidance of $28-30 million, representing 285-312% growth from 2024.

Duos Technologies Group (NASDAQ: DUOT) through its subsidiary Duos Edge AI, is on track to achieve its goal of having 15 Edge Data Centers (EDCs) under contract by the end of 2025. The company is partnering with Accu-Tech for U.S.-based project management and manufacturing, ensuring reliable and cost-effective supply chain operations while avoiding global disruptions and tariff pressures.

The EDCs are SOC 2 Type II compliant with N+1 architecture and dual backup generators, designed to provide localized computing power for real-time data processing. The 2025 deployment plan targets underserved communities across Texas, the Midwest, and Southeast, supporting critical infrastructure, education networks, healthcare systems, and AI workloads. The company has already identified nine EDC placements and is finalizing real estate and contractual agreements across multiple markets.

Duos Technologies Group (NASDAQ: DUOT) has scheduled its first quarter 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 PM Eastern Time. The company will release its financial results for Q1 2025 (ended March 31, 2025) via press release before the conference call. The management team will host the call, which will include a question-and-answer session.

Participants can join using the U.S. dial-in number (877-407-3088) or international dial-in (201-389-0927) with confirmation code 13753649. Attendees are advised to dial in 5-10 minutes before the start time. The call will be broadcast live and available for replay through the investor section of the company's website.

APR Energy has secured a contract to deliver 150 megawatts of power generation in Mexico's Baja California region. The project involves deploying six high-output mobile gas turbines within a rapid 90-day timeline to support the national utility before summer peak demand.

Led by Chairman and CEO Chuck Ferry, APR Energy will leverage its extensive experience from operations in over 35 countries to ensure efficient execution from mobilization to grid integration. The company's seasoned leadership team specializes in delivering mission-critical power solutions requiring speed, reliability, and precision.

The initiative showcases APR Energy's strategic focus on addressing both immediate grid challenges and long-term power needs through flexible, scalable generation solutions. The company maintains an asset management agreement with Duos Technologies Group (Nasdaq: DUOT) to support its operations.

Duos Technologies Group (DUOT) reported Q4 and FY 2024 results, marking a transformative year with significant developments. The company secured its largest-ever contract - a $42 million Asset Management Agreement with New APR Energy and Fortress Investment Group to manage 850MW of Gas-Powered Turbines.

Q4 2024 revenue decreased 4% to $1.46 million, with recurring services revenue up 9%. Full-year 2024 revenue declined 3% to $7.28 million. The company reported a Q4 net loss of $3.41 million and full-year net loss of $10.76 million.

Notable achievements include:

• Secured $5 million advance payment for future services
• Acquired six Edge Data Centers for Texas deployments
• Completed $7.5 million ATM capital raise
• Scanned nearly 10 million railcar images across North America

Looking ahead, Duos projects 2025 revenue between $28-30 million, representing 285-312% growth, with current backlog at $50.5 million.

Duos Technologies Group (Nasdaq: DUOT) has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for Monday, March 31, 2025, at 4:30 PM ET. The company will release its financial results via press release before the call. Management will host the conference call followed by a Q&A session.

Participants are advised to join the conference call 5-10 minutes before the start time. The call will be broadcast live via telephone, and a replay will be available through the investor section of the company's website.