Item 2.02 Results of Operations and Financial Condition.
On November 14, 2022, Duos Technologies Group, Inc. (the “Company”) issued a
press release announcing the financial and operating results of the Company for
the quarter and nine months ended September 30, 2022. The text of the press
release is furnished as Exhibit 99.1 and incorporated herein by reference.
Additionally, on November 14, 2022, the Company held an earnings phone call open
to the public (the “Earnings Call”). Mr. Chuck Ferry, the Company’s Chief
Executive Officer, Mr. Adrian G. Goldfarb, the Company’s Chief Financial
Officer, and Mr. Andrew W. Murphy, the Company’s incoming Chief Financial
Officer, discussed the financial and operating results of the Company for the
quarter and nine months ended September 30, 2022. The transcript of the Earnings
Call is furnished as Exhibit 99.2 and incorporated herein by reference.
Item 7.01 Regulation FD Disclosure.
The information set forth in Item 2.02 of this Current Report on Form 8-K is
incorporated by reference into this Item 7.01.
The information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K,
including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section, nor shall it
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, except as expressly set forth by specific reference in such
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K includes information that may constitute
forward-looking statements. These forward-looking statements are based on the
Company’s current beliefs, assumptions and expectations regarding future events,
which in turn are based on information currently available to the Company. By
their nature, forward-looking statements address matters that are subject to
risks and uncertainties. Forward-looking statements include, without limitation,
statements relating to projected industry growth rates, the Company’s current
growth rates and the Company’s present and future cash flow position. A variety
of factors could cause actual events and results, as well as the Company’s
expectations, to differ materially from those expressed in or contemplated by
the forward-looking statements. Risk factors affecting the Company are discussed
in detail in the Company’s filings with the Securities and Exchange Commission.
The Company undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information, future events
or otherwise, except to the extent required by applicable law.
The press release and transcript of the Earnings Call may also be found on our
website at https://www.duostechnologies.com/.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release, dated November 14, 2022. 99.2 Transcript of Earnings Call with Mr. Chuck Ferry, Mr. Adrian G. Goldfarb and Mr. Andrew W. Murphy, dated November 14, 2022. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
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