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Duos Technologies Group reports earnings and $50 million asset‑sale proceeds
Duos Technologies Group Inc. (NASDAQ: DUOT) announced that it will release its Q2 2026 earnings on Thursday, August 13. Analysts project earnings of $0.66 per share on revenue of $4.90 million, a turnaround from the prior quarter’s loss of $0.15 per share and $2.72 million revenue. The company’s stock opened at $8.96, with a market capitalization of about $263 million.
In a separate development, Duos confirmed receipt of roughly $50.4 million from the sale of substantially all assets of New APR Energy LLC. An additional $9.9 million remains in escrow for potential indemnity obligations. CEO Doug Recker said the transaction strengthens Duos’ balance sheet and supports its focus on edge‑AI data center initiatives, allowing the firm to deploy capital for customer and shareholder value.
Both announcements underscore Duos’ strategic shift toward modular edge computing infrastructure and its effort to improve financial stability after recent quarterly losses.
Entities
Doug Recker · Duos Technologies Group Inc. · Edge AI data centers · New APR Energy LLC · Sawgrass APR Holdings LLC