Duos Technologies Group, Inc. Revises Revenue Guidance for the Full Year Ended December 31, 2021
January 28, 2022 at 08:56 am
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Duos Technologies Group, Inc. revised revenue guidance for the full year ended December 31, 2021. The company previously issued total revenue guidance for the fiscal year ended December 31, 2021 to be at least $8 million. Based on preliminary fourth quarter results, the company now expects total revenue to be approximately $8.29 million.
Duos Technologies Group, Inc., through its wholly owned subsidiary, Duos Technologies, Inc., designs, develops, deploys, and operates intelligent vision-based technology solutions using machine vision and artificial intelligence (AI) to analyze fast moving freight, passenger and transit trains and trucks streamlining operations, improving safety, and reducing costs. The Company provides solutions that automate the mechanical and security inspection of fast-moving trains, trucks, and automobiles through a broad range of hardware, software, information technology and AI. Its Railcar Inspection Portal (RIP) provides both freight and transit railroad customers and select government agencies the ability to conduct fully remote railcar inspections of trains while they are moving at full speed. It has also developed the automated logistics information system (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities.
DUOS TECHNOLOGIES GROUP, INC. 
