reports
NETSOL Announces New Strategic Partner Hiltermann as Part of Ongoing E...
NETSOL Announces New Strategic Partner Hiltermann as Part of Ongoing European Expansion Netherlands-based lender enhances NETSOL’s presence in key geographic market ENCINO, Calif., Oct. 02, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: ), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced a new strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry. Hiltermann has gone live with NETSOL’s Wholesale Finance System (WFS) and will leverage the company’s i...
NETSOL Technologies Reports 19% Revenue Growth in Fiscal Fourth Quarte...
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 Recur...
NETSOL Technologies Sets Fiscal Fourth Quarter and Full Year 2024 Conf...
NETSOL Technologies Sets Fiscal Fourth Quarter and Full Year 2024 Conference Call for Tuesday, October 1 at 9:00 am ET ENCINO, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Tuesday, October 1, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal fourth quarter and full year ended June 30, 2024. Following the call, management will host a question-and-answer session. Date: Tuesday, October 1, 2024...
NETSOL Signs Expansion Agreement with Major Automaker Increasing Total...
NETSOL Signs Expansion Agreement with Major Automaker Increasing Total Contract Value to Over $30 Million This agreement expands on a longstanding partnership as NETSOL enters a new stage of growth ENCINO, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: ), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed a new agreement with a major automaker and longstanding customer to support their operations throughout China. This agreement brings the total value of the contract to over $30 million over five...
Charles & Dean Finance Subscribe to Appex Now Products Flex and Dock
Charles & Dean Finance Subscribe to Appex Now Products Flex and Dock The UK-based award-winning specialist finance brokerage has opted for two of NETSOL’s API-first products from the Appex Now marketplace ENCINO, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: ), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that Charles & Dean Finance has signed up for two products from Company’s new API-first Appex Now marketplace – Flex and Dock. Flex, the first product offering from Appex Now, is an in...
NETSOL signs $16 Million Agreement with Major Automaker to Revolutioni...
NETSOL signs $16 Million Agreement with Major Automaker to Revolutionize Digital Car Buying and Leasing Experience in the United States ENCINO, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- 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. ...
Netsol Technologies Inc: 1 director
A director at Netsol Technologies Inc sold 18,128 shares at 2.558USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...
NETSOL Technologies Reports 14% Revenue Growth and EPS of $0.03 in Fis...
NETSOL Technologies Reports 14% Revenue Growth and EPS of $0.03 in Fiscal Third Quarter 2024 14% increase in Total Revenues to $15.5 million in 3Q ‘2460% increase in 3Q ‘24 Services Revenues to $7.8 million compared to 3Q ‘233Q ‘24 Gross Margins of 48% increased from 35% in 3Q ’23Third consecutive quarter of profitabilityOn pace to meet target revenue range of $60 - $61 million for FY ‘24Targeting FY ’24 Subscription and Support Revenue of $28 millionEstablish AI integration as major company wide initiative ENCINO, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: ), a global business s...
NETSOL Technologies Reschedules Fiscal Third Quarter 2024 Conference C...
NETSOL Technologies Reschedules Fiscal Third Quarter 2024 Conference Call ENCINO, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, today announced that it will postpone the release of its financial results and conference call related to the fiscal third quarter of 2024 ended March 31, 2024, which had previously been scheduled for Thursday, May 9. The Company now expects to hold a conference call on Monday, May 20, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its fin...
NETSOL Technologies Sets Fiscal Third Quarter 2024 Conference Call for...
NETSOL Technologies Sets Fiscal Third Quarter 2024 Conference Call for Thursday, May 9 at 9:00 am ET ENCINO, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Thursday, May 9, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal third quarter of 2024 ended March 31, 2024. Financial results will be issued in a press release prior to the call. Following the call, management will host a question-and-ans...
Leading German Auto Finance Company Goes Live with Full NFS Ascent Sui...
Leading German Auto Finance Company Goes Live with Full NFS Ascent Suite to Support Operations in South Korea ENCINO, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced the go-live of its next-generation platform NFS Ascent for a leading German auto captive finance company and longstanding client to support their operations in South Korea. This deployment consisted of the full NFS Ascent suite, which includes both the Retail and the Wholesa...
NETSOL Technologies Achieves AWS Foundational Technical Review Badges ...
NETSOL Technologies Achieves AWS Foundational Technical Review Badges for Five Products ENCINO, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: ), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced its achievement of the Amazon Web Services (AWS) Foundational Technical Review badges - a testament to its exceptional expertise in cloud technologies. This achievement is in recognition of five of NETSOL’s cloud-based, API-first solutions that are part of Appex Now – the Company’s marketplace of pro...
Close Brothers Goes Live with NETSOL's Cloud-Based Calculation Engine ...
Close Brothers Goes Live with NETSOL's Cloud-Based Calculation Engine Flex ENCINO, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that Close Brothers, a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading, had signed-up for and has subsequently gone live with the Company’s calculation engine Flex. The Flex cloud-based calculation engine enables affordability checks, rev...
NETSOL Technologies, Inc. Achieves Advanced Tier Partner Status with A...
NETSOL Technologies, Inc. Achieves Advanced Tier Partner Status with Amazon Web Services ENCINO, Calif., March 21, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), the global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has announced that it has achieved the Advanced Tier Services Partner status within the Amazon Web Services (AWS) Partner Network (APN). Partners who demonstrate exceptional prominence, emerge as industry leaders in their respective markets and have a highly proficient workforce receive this status. This mil...
NETSOL Signs $12 Million Agreement with Major Global Automotive Compan...
NETSOL Signs $12 Million Agreement with Major Global Automotive Company for Operations in China 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 p...
NETSOL's Calculation Engine Flex Now Empowering Haydock Finance’s Brok...
NETSOL's Calculation Engine Flex Now Empowering Haydock Finance’s Broker Division ENCINO, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, has announced that its customer Haydock Finance is now offering access to NETSOL’s API-based calculation engine Flex to its broker division. Haydock Finance is an award-winning supportive business finance specialist that is using Flex since 2023 and subscribed to additional products from Appex Now earlier this year. Appex Now is the world’s fir...
NETSOL Technologies Reports 23% Revenue Growth and EPS of $0.04 in Fis...
NETSOL Technologies Reports 23% Revenue Growth and EPS of $0.04 in Fiscal Second Quarter 2024 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) -- (Nasdaq: ), 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 re...
NETSOL Technologies Announces Major Updates on Otoz Platform and Recen...
NETSOL Technologies Announces Major Updates on Otoz Platform and Recent Traction with Key Automotive Clients Unveiled Otoz 2.0: The Next Generation of Digital Retail and MobilityDoubled MINI Dealer enrollments on the MINI Anywhere program in 12 months, enabling 5x increase in lead volume and vehicle salesChosen by AutoNation, one of the largest auto retailers in the US, to power the back-end of their newly launched AutoNation Mobility Micro-lease marketplace, which is now live ENCINO, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies (Nasdaq: NTWK), a global leader in Saa...
NETSOL Technologies Sets Fiscal Second Quarter 2024 Conference Call fo...
NETSOL Technologies Sets Fiscal Second Quarter 2024 Conference Call for Tuesday, February 13 at 9:00 am ET ENCINO, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, will hold a conference call on Tuesday, February 13, 2024, at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its financial results for the fiscal second quarter of 2024 ended December 31, 2023. Financial results will be issued in a press release prior to the call. Following the call, management will host a qu...
NETSOL Technologies appoints Jason Hurwitz as Sales Director of Europe
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 t...
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