viewDuos Technologies Group, Inc.

Duos Technologies Group ends 3Q with $4.1 million in cash, gives 4Q guidance

Duos Technologies Group Inc (NASDAQ:DUOT) CEO Chuck Ferry and CFO Adrian Goldfarb tell Proactive the group ended its third quarter with US$4.1 million in cash, thanks in part to the signing of two significant new rail contracts.

Ferry says the contracts include an initial $1.3 million deal with an existing Class 1 railroad customer to institute automated mechanical inspections on an existing Railcar Inspection Portal, as well as a new contract with ongoing client CN for North American-wide service and support.

Goldfarb adds Duos expects to deliver revenue of between $7.5 million and $8 million in 2020.

Quick facts: Duos Technologies Group, Inc.

Price: 5.77 USD

Market: NASDAQ
Market Cap: $20.39 m

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Duos Technologies launches dcVue, its new data collection software platform

Duos Technologies Group Inc (OTCQB:DUOT) CFO Adrian Goldfarb and Head of Business Development Geoff Greene tells Proactive Investors the company has announced the launch of dcVue, its new data collection software platform. Based on the analytical tech company’s patented method for...

on 23/6/18

2 min read