NETSOL Technologies Reports 23% Revenue Growth and EPS of $0.04 in Fiscal Second Quarter 2024
NETSOL Technologies Inc. (NTWK)
Last netsol technologies inc. earnings: 2/12 08:00 am
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ir.netsoltech.com
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Source: GlobeNewswire
Strong licensing fees and increased recurring revenues2Q ‘24 Gross Margins of 47% up from 25% in 2Q’ 23Company on track for strong double digit organic revenue growth and profitability in fiscal 2024 ENCINO, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, reported results for the fiscal second quarter of 2024 ended December 31, 2023. Fiscal Second Quarter 2024 Financial Results Total net revenues for the second quarter of fiscal 2024 increased 23% to $15.2 million, compared with $12.4 million in the prior year period. On a constant currency basis, total net revenues were $15.3 million. License fees were $3.0 million compared with $16,000 in the prior year period. License fees on a constant currency basis were $3.1 million.Total subscription (SaaS and Cloud) and support revenues were $6.8 million compared with $6.5 million in the prior year
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News
- NETSOL Technologies Sets Fiscal Third Quarter 2024 Conference Call for Thursday, May 9 at 9:00 am ETGlobeNewswire
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
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NTWK
Analyst Actions
- 2/14/24 - TheStreet
NTWK
Sec Filings
- 4/22/24 - Form DEFA14A
- 4/22/24 - Form DEF
- 4/4/24 - Form 4
- NTWK's page on the SEC website