Duos Tech Q3 revenue $6.88M (+112% YoY); CFO Adrian Goldfarb steps down, Leah Brown appointed

DUOS TECHNOLOGIES GROUP, INC.

2025-Q3 EPS reported -$0.49 revenue$17,565,509

Total revenue $6.88M in Q3 2025, up 112% YoY; AMA with New APR drove services revenue of $6.59M.
Gross margin improved 174% to $2.5M; net loss narrowed to $1.04M ($0.06 loss per share) from $1.4M.
Cash and equivalents $33.2M at Sept. 30, up from $6.27M at Dec. 2024, after raising $50M+ and retiring all debt.
CFO Adrian Goldfarb steps down Nov. 15; Leah Brown appointed CFO; Goldfarb remains strategic advisor for 12 months.
FY2025 revenue guidance reiterated at $28-$30M; backlog $25.8M with $12.4M expected recognized in remainder of 2025.

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