Duos Technologies Group (NASDAQ:DUOT) Posts Earnings Results, Misses Expectations By $0.11 EPS

Duos Technologies Group (NASDAQ:DUOT) posted its quarterly earnings results on Monday. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.11), Zacks reports. The company had revenue of $1.46 million for the quarter, compared to the consensus estimate of $2.75 million. Duos Technologies Group had a negative net margin of 143.17% and a negative return on equity of 271.06%. During the same quarter in the previous year, the company posted ($1.56) EPS. Duos Technologies Group updated its FY 2025 guidance to EPS.

Duos Technologies Group Trading Down 2.5 %

Shares of DUOT opened at $5.50 on Tuesday. Duos Technologies Group has a fifty-two week low of $2.03 and a fifty-two week high of $8.53. The firm has a market cap of $46.26 million, a price-to-earnings ratio of -3.85 and a beta of 1.02. The firm has a 50 day moving average price of $6.31 and a 200-day moving average price of $5.14. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.56 and a current ratio of 0.73.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DUOT shares. Ascendiant Capital Markets increased their target price on shares of Duos Technologies Group from $6.00 to $7.50 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Northland Securities lifted their target price on Duos Technologies Group from $10.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th.

About Duos Technologies Group

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. The company provides solutions, such as Centraco, an enterprise information management software platform that consolidates data and events from multiple sources into a unified and distributive user interface; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications.