Analysts' estimates were not readily available for comparison.
Revenue for the quarter ended June 30 was $15.4 million, up from $13.6 million last year.
The software company's board approved a share repurchase program allowing potential buybacks of up to $2 million of its common stock over six months.
NetSol anticipates an at least 10% increase in revenue for fiscal year ending June 30, 2022.
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