Duos Technologies swings to Q2 FY26 operating income of $49,093; revenue rises 30% to $6.18 million

Reuters2026/08/17 20:00

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Duos Technologies Q2 revenue rose 30% to $6.18 million, with operating results swinging to income of $49,093.
Net income before taxes jumped to $53.64 million, driven by a $53.17 million gain on sale of investments.
Adjusted EBITDA was $0.5 million, marking the company’s first positive operating quarter as a data center infrastructure company.
Liquidity climbed to $112.31 million in cash, reflecting growth capital raised and proceeds tied to New APR’s asset sale.
Signed five-year 55 MW hosting agreements with Axe Compute worth over $500 million, reaffirming 2026 guidance for 25 MW deployed and revenue above $50 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duos Technologies Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608171600PRIMZONEFULLFEED9811543) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Duos Technologies swings to Q2 FY26 operating income of $49,093; revenue rises 30% to $6.18 million

You may also like

Crypto prices