Nico Cicchetti
Analyst, RBC Wealth Management
Replay available
Duos Technologies Group, Inc. (DUOT) Q2 2025 Earnings Call
Duos Technologies Group, Inc. (NASDAQ: DUOT) Q2 2025 earnings conference call, held 2025-08-14. Replay captured from the company's public earnings webcast.
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Richard Jackson
Analyst, True North Financial
Ed Woolwhip
Analyst, Ascension Capital Markets LLC
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:02.774 Welcome, everyone, and thanks for joining us. 00:00:02.774 -- 00:00:08.560 Earlier today, we issued our earnings press release and our 2025 second quarter 10Q. 00:00:08.560 -- 00:00:12.223 Copies are available in the investor relations section of our website. 00:00:12.223 -- 00:00:16.268 I encourage all listeners to view the press releases and our 10Q filing to better understand 00:00:16.268 -- 00:00:20.852 some of the details we'll be discussing during today's call. 00:00:20.852 -- 00:00:25.697 Our strategy to pivot to the edge data center business is gaining momentum. 00:00:25.697 -- 00:00:30.726 We remain on plan to install 15 edge data centers in Texas this year, and our pipeline 00:00:30.726 -- 00:00:33.929 of opportunities for 2026 is growing. 00:00:33.929 -- 00:00:38.133 Now that we have properly capitalized this business through our recent raise, we have 00:00:38.133 -- 00:00:42.217 all the ingredients in place to grow this exciting new opportunity that is part of the 00:00:42.217 -- 00:00:44.959 overall data center growth story. 00:00:44.959 -- 00:00:49.163 Through our asset management agreement with APR Energy, we have installed and commercially 00:00:49.163 -- 00:00:54.168 delivered a 150 megawatt gas turbine power plant in Mexico in 35 00:00:54.168 -- 00:00:59.398 days. Simultaneously, we have delivered additional gas turbines into a large 00:00:59.398 -- 00:01:02.442 AI data center facility here in the United States. 00:01:02.442 -- 00:01:06.486 The steady recurring revenues from the asset management agreement have stabilized our 00:01:06.486 -- 00:01:09.390 financials in a very positive way. 00:01:09.390 -- 00:01:14.576 The rail car inspection portal business has largely been flat, but the rail industry 00:01:14.576 -...