DUG Technology's (ASX:DUG) continued "strong" results in the first quarter of fiscal year 2026, with a revenue of $16.7 million and earnings before interest, tax, depreciation, and amortization of $4.2 million, put it at a "superiorly better" position than a year ago, said Euroz Hartleys in a Tuesday note.

The company on Tuesday reported a 19% rise in total revenue and a 65% rise in EBITDA, compared to a year ago.

The research firm added that the quarter, however, was slightly softer than the previous record quarter, which may dampen the recent very strong momentum, and consensus earnings forecasts may be decreased slightly.

Euroz Hartleys has maintained a speculative buy rating with a price target of AU$3.20.

The company's shares fell 4% in recent Tuesday trade.