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JACKSONVILLE - Duos Technologies Group, Inc. (Nasdaq:DUOT) announced Monday the appointment of Doug Recker as corporate officer and president, reporting to CEO Chuck Ferry. The appointment comes as the company’s stock has shown remarkable momentum, delivering a 214% return over the past year and trading near its 52-week high of $9.27.
Recker, who has over 30 years of experience in telecommunications and data centers, will assume broader leadership responsibilities while continuing to oversee the company’s Edge Data Center operations through its Duos Edge AI subsidiary.
The appointment comes as Duos positions itself for expansion in Edge AI and digital infrastructure solutions. Recker will focus on deploying edge data centers to improve connectivity in underserved communities and extend services to schools, hospitals, local governments, fiber carriers, and first responder networks.
"Our company is entering an exciting new phase of growth, guided by a management transition that reflects the natural evolution of our business," said Ferry in the press release statement.
Recker is recognized as a data center industry pioneer, having founded Edge Presence in 2017 (acquired by Ubiquity in 2023) and Colo5 Data Centers LLC (acquired by Cologix, Inc. in 2014). His career accolades include Northeast Florida’s Ultimate CEO Award and recognition in Inc. 500’s fastest-growing companies.
A former United States Marine Corps member, Recker stated, "I am honored to take on the role of President of Duos Technologies Group at such a pivotal time."
Duos Technologies Group provides intelligent technology solutions for machine vision and artificial intelligence applications, including real-time analysis of fast-moving vehicles, edge data centers, and power consulting. While analysts anticipate sales growth this year, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors can access 12 additional ProTips and comprehensive financial analysis through InvestingPro’s detailed research reports.
In other recent news, Duos Technologies Group Inc. reported a significant increase in revenue for the second quarter of 2025, achieving a 280% year-over-year rise to $5.74 million. This figure surpassed analysts’ expectations, which had predicted revenue of $5.09 million. Despite the revenue surge, the company reported a net loss of $3.52 million, with earnings per share (EPS) at -$0.30, which was better than the anticipated -$0.21. In another development, Duos Technologies secured a patent for its "Entryway for a Modular Data Center" design from the U.S. Patent and Trademark Office. This patent includes a two-door access system with advanced filtration capabilities aimed at reducing dust, dirt, and moisture intrusion in Edge Data Centers. These recent developments reflect the company’s ongoing efforts to enhance its technological offerings and financial performance.
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