Duos Technologies Group Reports Fourth Quarter and Full Year 2022 Results
March 30, 2023
Record Year Performance Driven by 82% Revenue Increase to $15.01 Million
Reaffirmed 2023 Revenue Outlook of Between $20.0 Million and $21.0 Million, Representing an Increase of 33% to 40% Over 2022
Subscription Business Expansion Remains On Track, Initial Site Installations Scheduled for Later This Year
JACKSONVILLE, FL / Globe Newswire / March 30, 2023 - Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), a provider of machine vision and artificial intelligence that analyzes fast moving vehicles, reported financial results for the fourth quarter (“Q4 2022”) and full year ended December 31, 2022.
