DUOT Maintained by Ascendiant Capital -- Price Target Raised to

Duos Technologies Group (DUOT) sold its rail unit, Duos Technologies, to Sandbank Acosta. The deal, approved by the board, allows DUOT to focus on its Edge Data Center and AI infrastructure platforms. DuosTI, the sold unit, will operate independently. DUOT also secured a $111M+ deal for its Columbus data center, expanding capacity to 20 MW by Q4 2026.

Duos Technologies Group (DUOT) appointed Dipan Patel as Chief Operating Officer to support its growth in modular edge data centers, colocation services, and infrastructure solutions. Patel brings experience from Telstra InfraCo and SBA Communications. The company aims to scale its Edge AI-powered digital infrastructure ecosystem, creating long-term shareholder value.

Duos Technologies Group completed the divestiture of its rail business, gaining $53.2M from a partial sale and $50.4M in cash. It achieved positive adjusted EBITDA early, driven by high-margin tech solutions. The company signed a $111M colocation deal with Axe Compute and plans to expand capacity to 75 megawatts. Revenue guidance for 2026 was reconfirmed at over $50M, with a 2027 target of at least $160M. Management highlighted strategic advantages in modular AI data center deployment and market

DUOS TECHNOLOGIES GROUP, INC. (DUOT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Duos Technologies Reports Second Quarter 2026 Results Q2 2026 Revenue Increases Nearly 30%, Driven by Initial Ramp in AI and Data Center Deployments Over $100 Million in Growth Capital Secured Through Multiple Transactions Company Reaffirms 2026 Guidance for 25 MW De

Duos Technologies Group reported Q2 2026 revenue of $6.18M, up 30% YoY but below estimates. EPS was $1.35, reversing a year-earlier loss, driven by a $53.17M investment-sale gain. Shares rose 12.84% during trading. The company highlighted AI contracts and cash position.

Duos Technologies Group reported Q2 2026 earnings with revenue growth, improved margins, and positive adjusted EBITDA. Key highlights include a five-year colocation agreement with Axe Compute valued at over $111 million, plans for additional AI data center capacity, and a reaffirmed 2026 revenue outlook exceeding $50 million. The company also announced the acquisition of a Columbus facility for $30 million. Cash increased to $112.3 million, driven by APR sale proceeds and offerings. Management e