NetSol Technologies (NTWK) Misses Q1 EPS by 13c

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NETSOL Technologies Reports Fiscal First Quarter 2023 Financial Results

November 10, 2022 8:30 AM EST

Net Revenue for the Quarter Was $12.7 Million; On a Constant Currency Basis Net Revenue Increased 15.6% to $15.5 MillionRecurring Revenue (SaaS and Support) Was $6 Million; On a Constant Currency Basis Recurring Revenue increased 16.6% to $7.3 MillionRobust Sales Pipeline exceeding $200 million New Partnership with Amazon Web Services New Otoz Agreement with a Tier 1 Automotive Company in the U.S to Manage the Back- Office Operations for Vehicle Subscriptions Company Launch of Flex Product Offering Reflects Ongoing Focus on Product Innovation

CALABASAS, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) --... More