Duos Technologies Grows Revenue Base with Maintenance & Artificial Intelligence Renewals
January 25, 2023
High Renewal Rate of Recurring Revenue Contracts
Jacksonville, FL / Accesswire / January 25, 2023 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Technologies, Inc. a provider of vision based analytical technology solutions, today announced that it has achieved a 100% renewal rate of its recurring revenue contracts throughout the full year 2022 with $2 million cash inflow from those contracts expected to be received during the first quarter of 2023.
