Duos Technologies Group Q2 EPS $(0.42) Misses $(0.25) Estimate, Sales $1.77M Miss $2.65M Estimate
Portfolio Pulse from bharat@benzinga.com
Duos Technologies Group reported Q2 losses of $(0.42) per share, missing the analyst consensus estimate of $(0.25) by 68%. This is a 90.91% decrease from the same period last year. The company also reported quarterly sales of $1.77 million, missing the analyst consensus estimate of $2.65 million by 33.21%. This is a 51.06% decrease from the same period last year.
August 14, 2023 | 8:05 pm
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Duos Technologies Group's Q2 earnings missed analyst estimates, with losses and sales significantly lower than the same period last year.
Duos Technologies Group's Q2 earnings were significantly lower than analyst estimates, with losses per share and sales both missing expectations. This indicates a negative financial performance, which is likely to negatively impact the company's stock price in the short term.
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