Duos Technologies achieves lift in 1Q revenue, updates on new obliquevue technology
Duos Technologies Group Inc (NASDAQ:DUOT) CEO Chuck Ferry and CFO Adrian Goldfarb tell Proactive total revenue for the first quarter increased 117% to $2.15 million compared to $991,000 in the same quarter last year. What’s more, the group introduced its new obliquevue technology, that has higher resolution cameras, and can “see” and inspect 25 new inspection points underneath a train. This is part of a set of modifications the group has deployed to one of its railroad customers, which Ferry describes as a “real leap ahead.”
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/950100/duos-technologies-achieves-lift-in-1q-revenue-updates-on-new-obliquevue-technology-950100.html
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