NETSOL Signs $16M Agreement With Major Automaker To Revolutionize Digital Car Buying And Leasing Experience In The U.S.

7/16/24 8:32:46 AM ET

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NETSOL Technologies, Inc. (NASDAQ:NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed an agreement with a major automaker to transform its US dealership operations. The $16 million, five-year contract is for the customization, implementation, deployment, and ongoing SaaS subscription of Otoz, NETSOL's omnichannel digital retail platform.

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NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024
ENCINO, Calif., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, today announced that management will be participating in the iAccess Alpha Virtual Best Ideas Winter Conference 2024 on December 10 and 11, 2024. Management will deliver a company presentation at 12 noon ET on December 10, followed by one-on-one meetings with investors on December 11. For more information about the iAccess Alpha Virtual Best Ideas Winter Conference 2024, or to register and schedule a one-on-one meeting with NETSOL, please visit the conference website at: https://www.iaccessalpha.com/home. The live webcast of NETSOL's
11/22/24 8:30:00 AM ET
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NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025
3% increase in 1Q'25 total net revenues to $14.6 million26% increase in 1Q'25 subscription and support revenues to $8.2 million45% gross margins in 1Q'25Net income in 1Q'25 of $71,000 building on FY'24 profitabilityCash and cash equivalents increased to $24.5 millionSigned expansion agreement with major automaker in China increasing contract value to over $30 millionSigned $16 million agreement with major automaker in the United States ENCINO, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the fiscal first quarter of 2025 ended September 30, 2024. Najeeb Ghauri, Co-F
11/13/24 8:30:00 AM ET
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NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for Wednesday, November 13 at 9:00 am ET
ENCINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, November 13, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal first quarter of 2025 ended September 30, 2024. Following the call, management will host a question-and-answer session. Date: Wednesday, November 13, 2024Time: 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time)Toll-Free Dial-In: 877-407-0789International Dial-In: 201-689-8562 Please call the conference telephone number 10 minutes prior to the start time and provide the op
11/6/24 8:30:00 AM ET
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NETSOL Technologies appoints Jason Hurwitz as Sales Director of Europe
ENCINO, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, today announced the appointment of Jason Hurwitz as Sales Director of Europe. In this pivotal role, he will be responsible for driving the sales strategy and fostering growth across NETSOL's innovative portfolio of products and services for the European region. With an impressive background in the banking sector, Mr. Hurwitz brings a wealth of expertise to NETSOL Technologies. Most recently, Mr. Hurwitz worked with Aldermore Bank for nearly six years, where he was the product lead for a large group wide transformation program.
1/16/24 8:30:00 AM ET
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NETSOL Technologies Welcomes Erik Wagner as Chief Marketing Officer
ENCINO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- NETSOL Technologies (NASDAQ:NTWK), a global leader in SaaS solutions and IT services, today announced the appointment of Erik Wagner as its first Chief Marketing Officer (CMO). This strategic move underscores NETSOL's commitment to bolstering its global marketing initiatives and driving further growth in its specialized sectors. Wagner brings a wealth of experience, with over 16 years in the marketing field at growth-oriented companies. After seven years leading client services for Volacci, Erik joined Lifesize, a SaaS video conferencing company where he oversaw global demand generation and the launch of Lifesize Cloud, which grew to over
11/29/23 8:30:00 AM ET
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NETSOL Technologies Appoints Darryll Lewis as Managing Director of NETSOL Technologies Europe
ENCINO, Calif., May 23, 2023 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, today announced the appointment of Darryll Lewis as its new Managing Director of NETSOL Technologies Europe. With over twenty years in the receivables and asset finance software industry, Mr. Lewis is a highly experienced and accomplished leader with a track record of driving business growth and creating innovative solutions for clients. Prior to joining NETSOL, Mr. Lewis has held executive roles at several leading asset finance software companies where he led teams responsible for developing and implementing successful softwa
5/23/23 8:30:00 AM ET
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NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025
3% increase in 1Q'25 total net revenues to $14.6 million26% increase in 1Q'25 subscription and support revenues to $8.2 million45% gross margins in 1Q'25Net income in 1Q'25 of $71,000 building on FY'24 profitabilityCash and cash equivalents increased to $24.5 millionSigned expansion agreement with major automaker in China increasing contract value to over $30 millionSigned $16 million agreement with major automaker in the United States ENCINO, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported results for the fiscal first quarter of 2025 ended September 30, 2024. Najeeb Ghauri, Co-F
11/13/24 8:30:00 AM ET
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NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for Wednesday, November 13 at 9:00 am ET
ENCINO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (NASDAQ:NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Wednesday, November 13, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal first quarter of 2025 ended September 30, 2024. Following the call, management will host a question-and-answer session. Date: Wednesday, November 13, 2024Time: 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time)Toll-Free Dial-In: 877-407-0789International Dial-In: 201-689-8562 Please call the conference telephone number 10 minutes prior to the start time and provide the op
11/6/24 8:30:00 AM ET
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NETSOL Technologies Reports 19% Revenue Growth in Fiscal Fourth Quarter of 2024 and Exceeds Full Fiscal Year 2024 Revenue Target
FY'24 Total Revenue Increase 17% to $61.4 million exceeding target revenue range of $60 - $61 millionQ4' 24 Gross Margins of 52% increased from 35% in 4Q' 23; FY' 24 Gross Margins of 48% increased from 32% in FY '23FY'24 Operating Income of $3.5 million from a loss of $(8.8 million) last year$0.06 earnings per share in FY' 24 compared with a loss of $(0.46) per share in FY' 2310% increase in Subscription and Support revenues to $7.5 million in 4Q' 24; Annual Recurring Revenues of $28 million meets FY' 24 target ENCINO, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and asset finance solutions provider, reported res
9/30/24 4:05:00 PM ET
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NETSOL Signs $16M Agreement With Major Automaker To Revolutionize Digital Car Buying And Leasing Experience In The U.S.

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CEO Ghauri Najeeb exercised 10,000 shares at a strike of $2.15, increasing direct ownership by 1% to 903,363 units (SEC Form 4)

CEO Ghauri Najeeb exercised 30,000 shares at a strike of $2.15, increasing direct ownership by 3% to 893,363 units (SEC Form 4)

Director Kazmi Syed Kausar was granted 4,650 shares, increasing direct ownership by 9% to 58,879 units (SEC Form 4)

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NETSOL to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference 2024

NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025

NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for Wednesday, November 13 at 9:00 am ET

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NetSol Technologies Inc. Common Stock filed SEC Form 8-K: Results of Operations and Financial Condition

SEC Form 10-Q filed by NetSol Technologies Inc. Common Stock

NetSol Technologies Inc. Common Stock filed SEC Form 8-K: Results of Operations and Financial Condition

Ghauri Naeem bought $12,838 worth of shares (6,172 units at $2.08), increasing direct ownership by 1% to 422,869 units (SEC Form 4)

Ghauri Najeeb bought $16,620 worth of shares (8,500 units at $1.96), increasing direct ownership by 0.99% to 863,363 units (SEC Form 4)

Ghauri Najeeb bought $7,709 worth of shares (4,000 units at $1.93), increasing direct ownership by 0.47% to 854,863 units (SEC Form 4)

SEC Form SC 13G filed by NetSol Technologies Inc. Common Stock

SEC Form SC 13D filed by NetSol Technologies Inc. Common Stock

SEC Form SC 13G/A filed by NetSol Technologies Inc. Common Stock (Amendment)

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NETSOL Technologies appoints Jason Hurwitz as Sales Director of Europe

NETSOL Technologies Welcomes Erik Wagner as Chief Marketing Officer

NETSOL Technologies Appoints Darryll Lewis as Managing Director of NETSOL Technologies Europe

$NTWK Financials

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NETSOL Technologies Reports 3% Total Net Revenue Growth With 26% Increase in Recurring Revenue and Net Profitability in Fiscal First Quarter 2025

NETSOL Technologies Sets Fiscal First Quarter 2025 Conference Call for Wednesday, November 13 at 9:00 am ET

NETSOL Technologies Reports 19% Revenue Growth in Fiscal Fourth Quarter of 2024 and Exceeds Full Fiscal Year 2024 Revenue Target

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NETSOL Technologies shares are trading higher after the company announced it signed a $16 million agreement with an automaker.

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