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Duos Technologies Group (DUOT)
NASDAQ:DUOT
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.3Last Year’s EPS
-0.38Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: -13.65%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments and challenges. The company has made significant strides with new agreements and expansion into edge data centers, which are expected to drive future growth and profitability. However, the decrease in revenue and gross margin, along with ongoing operating losses, indicate challenges that need to be addressed. Overall, the sentiment is cautiously optimistic with a positive outlook for the future.Company Guidance
During the Duos Technologies Fourth Quarter and Full Year 2024 Earnings Conference Call, the company provided guidance that set expectations for significant growth in 2025. The company projects consolidated revenue between $28 million and $30 million for 2025, with the first quarter revenue anticipated to be between $4 million and $5 million. Duos Technologies expects to break even and achieve positive adjusted EBITDA by the end of 2025, despite anticipating some losses in the first half of the year. The company also plans to raise between $10 million and $15 million through their S-3 shelf registration to expand their edge data center business, aiming to deploy 15 data centers by the end of 2025. The projected expansion is expected to result in $3.5 million in high-margin annual recurring revenue from this business. The company has a backlog representing more than $50 million in revenue and a pipeline of over $500 million in potential business, signaling robust growth prospects in the coming year.Significant Asset Management Agreement
Closed an asset management agreement with APR Energy and Fortress Investment Group, expecting to earn approximately $42 million over the next 2 years.
Edge Data Center Expansion
Conducted a ribbon-cutting ceremony for the first edge data center in Amarillo, Texas, and plan to install 15 edge data centers by the end of 2025.
Increased Services and Consulting Revenues
Services and consulting revenues increased by 31% compared to 2023, driven by new AI and subscription customers and power consulting work.
Strong Financial Guidance for 2025
Expecting between $28 million and $30 million in revenue and positive adjusted EBITDA for 2025.
Improved Balance Sheet
Balance sheet is the strongest in the company's history with $6.27 million in cash and cash equivalents and $4+ million in assets.
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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
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DUOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 13, 2024 | $2.55 | $2.90 | +13.73% |
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.
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FAQ
When does Duos Technologies Group (DUOT) report earnings?
Duos Technologies Group (DUOT) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Duos Technologies Group (DUOT) earnings time?
Duos Technologies Group (DUOT) earnings time is at May 19, 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 (Q1) is -0.3.
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