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Adrian1

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Adrian1

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Wednesday, 01/17/2024 11:18:06 AM

Wednesday, January 17, 2024 11:18:06 AM

Post# of 165
Summary: AI, Services, Long-term recurring revenue

News this morning discusses a recent major contract win for Duos. In my opinion, this one is significant as it describes a long-term agreement for the provision of AI data and services for one of the Class 1s. The revenue is all on a recurring basis which the Company has been transitioning to over the past 12 months or so. The CEO’s comment about the investment in development with in-house railroad experts is important. My guess is more to follow.
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