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DUG Technology Ltd ( (AU:DUG) ) just unveiled an update.
DUG Technology Ltd reported a strong start to FY26-Q1 with a 19% increase in total revenue, driven by significant growth in services and HPC revenues. The company achieved its first revenue in Brazil and continued expansion in the Middle East, marking important milestones in its international strategy. A record SaaS and HPCaaS contract was signed, although revenue from this contract will be recognized in future quarters. These developments underscore DUG’s successful international expansion and position it for continued growth.
The most recent analyst rating on (AU:DUG) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on DUG Technology Ltd stock, see the AU:DUG Stock Forecast page.
More about DUG Technology Ltd
DUG Technology Ltd is a global leader in geoscientific computing, offering high-performance computing facilities, proprietary software solutions, and tailored geoscience services. The company is known for its innovative elastic multi-parameter FWI imaging solution and energy-efficient immersion cooling systems. Headquartered in Australia, DUG operates across six continents, providing solutions that enhance scientific progress, environmental sustainability, and commercial success.
Average Trading Volume: 427,639
Technical Sentiment Signal: Buy
Current Market Cap: A$355.5M
See more data about DUG stock on TipRanks’ Stock Analysis page.