NETSOL Signs $12 Million Agreement with Major Global Automotive Company for Operations in China
NETSOL Technologies Inc. (NTWK)
Last netsol technologies inc. earnings: 2/12 08:00 am
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Source: GlobeNewswire
ENCINO, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has signed an agreement with a major global automotive company for its operations in China. The $12 million, five-year contract is for the deployment of NETSOL’s premier technology platform NFS Ascent. Najeeb Ghauri, Chief Executive Officer of NETSOL Technologies, Inc., commented, “This selection is a validation of the superior performance and reliability of our products, specifically NFS Ascent, a cutting-edge solution capable of supporting large clients on a global scale. We’re energized by this contract with a leading automotive company in one of their key markets and look forward to providing support across their China-based operations.” NETSOL commenced implementation in the second quarter of fiscal 2024 and realized a portion of this contract in licensing fees during that quarter. About NETSOL TechnologiesNETS
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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
- Leading German Auto Finance Company Goes Live with Full NFS Ascent Suite to Support Operations in South Korea [Yahoo! Finance]Yahoo! Finance
- Leading German Auto Finance Company Goes Live with Full NFS Ascent Suite to Support Operations in South KoreaGlobeNewswire
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