Recap: Duos Technologies Group Q3 Earnings

Duos Technologies Group (NASDAQ:DUOT) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:00 PM. Here’s…

Duos Technologies Group (NASDAQ:DUOT) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Duos Technologies Group missed estimated earnings by 28.12%, reporting an EPS of $-0.41 versus an estimate of $-0.32.

Revenue was down $2.49 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.17 which was followed by a 10.02% drop in the share price the next day.

Here’s a look at Duos Technologies Group’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.25 -0.29 -0.11 -0.22
EPS Actual -0.42 -0.30 -0.10 -0.30
Revenue Estimate 2.65M 2.45M 6.95M 5.80M
Revenue Actual 1.77M 2.64M 5.93M 4.02M

To track all earnings releases for Duos Technologies Group visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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