NETSOL Technologies (NASDAQ:NTWK) reported quarterly earnings of $0.03 per share. This is a 86.96 percent decrease over earnings of $0.23 per share from the same period last year. The company reported $15.46 million in sales this quarter. This is a 14.50 percent increase over sales of $13.51 million the same period last year.
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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
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
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
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8-K - NETSOL TECHNOLOGIES INC (0001039280) (Filer)
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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
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
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
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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.
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
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
Shares of The Charles Schwab Corporation (NYSE:SCHW) fell sharply during Tuesday's session following second-quarter results. Charles Schwab said adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from Benzinga Pro. Charles Schwab shares dipped 7.5% to $69.42 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Yoshitsu Co., Ltd (NASDAQ:TKLF) jumped 109% to $0.6437 after the company reported a year-over-year increase in FY24 financial results. Silo Pharma, Inc. (NASDAQ:SILO) shares climbed 95.4% to $2.12 after the company obtained an exclusive global l
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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