Duos Technologies Group, Inc. provided earnings guidance for the full year of 2022. For the period, the company expects total revenue for 2022 to range between 16.5 and $18 million, representing an increase of 99% to 117% from 2021. The company expects this improvement in operating results to be reflected over the course of the full year, with the majority of the revenues coming in the second half of the year.

As a result of the third quarter's performance, expects a further revenue increase substantially in the fourth quarter.