Recap: Duos Technologies Group Q3 Earnings
Portfolio Pulse from Benzinga Insights
Duos Technologies Group (NASDAQ:DUOT) reported Q3 earnings with an EPS of $-0.41, missing estimates by 28.12% and a revenue decline of $2.49 million from the same period last year. The company has a history of missing EPS estimates, which previously led to a 10.02% share price drop the following day.
November 14, 2023 | 9:25 pm
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Duos Technologies Group reported lower than expected Q3 earnings and a significant revenue decline from the previous year, continuing a trend of missing EPS estimates.
Given DUOT's history of missing EPS estimates and the subsequent negative share price reaction, it is likely that the stock will experience a similar short-term negative impact following this earnings report.
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IMPORTANCE 90
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