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Duos Technologies Group (DUOT)
NASDAQ:DUOT
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.43Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 5.42%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Positive
Duos Technologies showed significant growth and expansion in its Power and Edge Data Center businesses, resulting in a strong revenue increase and improved gross margin. However, challenges remain in the rail industry, and the company continues to operate at a net loss despite reductions. The overall sentiment leans positive due to the strong performance in the AMA and Edge Data Center segments, alongside a promising revenue pipeline.Company Guidance
During Duos Technologies' First Quarter 2025 earnings call, the company provided an optimistic outlook, highlighting significant progress across its business segments. The Power line of business saw a substantial increase in contracted gas turbine capacity, reaching 570 megawatts, with expectations to rise to 730 megawatts shortly. The Edge Data Center business, Duos Edge AI, secured commitments for an additional 8 centers, aiming for 15 deployments by year-end. Financially, Duos reported a 363% increase in total revenues to $4.95 million for Q1 2025, driven by the Asset Management Agreement with New APR Energy, which contributed $3.9 million. Gross margin surged 1288% to $1.31 million, primarily due to the performance of the AMA. The company reiterated its guidance for consolidated revenue between $28 million and $30 million for the year, with expectations to achieve positive adjusted EBITDA by year-end, despite a net loss reduction of 24% compared to Q1 2024.Significant Increase in Contracted Megawatts
Duos Technologies has successfully contracted 570 megawatts with APR Energy’s gas turbine fleet, an increase of 180 megawatts since the last report. They expect to contract an additional 160 megawatts in the coming weeks, bringing the total to approximately 730 megawatts.
Expansion of Edge Data Centers
Duos Technologies has customer commitments for an additional 8 Edge Data Centers and plans to deploy 15 by the end of the year. The deployment of Edge Data Centers is expected to generate more than $3 million in annual recurring revenue starting in 2026.
Record Revenue Growth
Total revenues for Q1 2025 increased 363% to $4.95 million compared to $1.07 million in Q1 2024. The majority of this revenue was driven by Duos Energy's Asset Management Agreement with New APR.
Improved Gross Margin
Gross margin for Q1 2025 increased 1288% to $1.31 million compared to $90,000 in Q1 2024, primarily due to the performance of the AMA with New APR.
Reduction in Net Operating Loss
Net operating loss for Q1 2025 totaled $1.79 million, a decrease from a net operating loss of $2.76 million for Q1 2024, owing to increased revenues.
Strong Backlog and Pipeline
Current contracts and backlog represent more than $45 million in revenue, with $17.4 million projected to be recognized in 2025 and additional expected near-term awards and renewals.
DUOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DUOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $7.38 | $8.07 | +9.35% |
Mar 31, 2025 | $5.64 | $5.22 | -7.45% |
Nov 20, 2024 | $4.60 | $5.20 | +13.04% |
Aug 13, 2024 | $2.50 | $2.43 | -2.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Duos Technologies Group (DUOT) report earnings?
Duos Technologies Group (DUOT) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Duos Technologies Group (DUOT) earnings time?
Duos Technologies Group (DUOT) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DUOT EPS forecast?
DUOT EPS forecast for the fiscal quarter 2025 (Q2) is -0.22.