Recap: Duos Technologies Group Q4 Earnings
Portfolio Pulse from Benzinga Insights
Duos Technologies Group (NASDAQ:DUOT) reported Q4 earnings with an EPS of $-0.44, missing estimates by -76.0% and a revenue decrease of $4.40 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 16.0% share price drop after last quarter's earnings miss.
April 01, 2024 | 8:10 pm
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Duos Technologies Group reported significantly lower Q4 earnings and revenue, continuing a trend of missing EPS estimates.
Given the significant miss in both earnings and revenue, and considering the historical context of a 16.0% share price drop following last quarter's earnings miss, it's likely that DUOT's stock price will face downward pressure in the short term.
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IMPORTANCE 90
RELEVANCE 100