earnings
confidence high
sentiment positive
materiality 0.70
Duos Q2 revenue surges 280% to $5.74M; reaffirms FY guidance $28-$30M
DUOS TECHNOLOGIES GROUP, INC.
2025-Q2 EPS reported
-$0.48
revenue$10,688,226
- Revenue $5.74M for Q2 2025, up 280% YoY; driven by AMA with New APR Energy and edge computing services.
- Net loss $3.52M ($0.30 per share) improved from $3.20M ($0.43) in Q2 2024; gross margin positive $1.52M.
- Backlog $40.7M with ~$18M expected in 2025; FY guidance reaffirmed at $28M to $30M revenue.
- Cash and short-term liquidity ~$3.81M after $52.5M in equity raises to fund 15 EDCs in 2025.
- Installed 6 gas turbine generators (150MW) in Mexico and began three new EDC locations.
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