NetSol Technologies Inc NTWK:NASDAQ

Last Price$3.19NASDAQ Previous Close - Last Trade as of 4:00PM ET 6/30/22

Today's Change+0.02(0.79%)
Bid (Size)$3.15 (1)
Ask (Size)$3.22 (1)
Day Low / High$3.15 - 3.25
Volume25.5 K

NetSol Technologies Swings to Fiscal Q2 Profit as Sales Increase, Backs FY22 Outlook -- Shares Rise Late

4:28PM ET 2/14/2022 MT Newswires
NetSol Technologies (NTWK) reported fiscal Q2 diluted earnings of $0.13 per share late Monday, compared with a loss of $0.02 per share a year earlier.

Revenue rose to $15.5 million for the quarter ended Dec. 31 from $13.1 million in the year-ago period.

The company reiterated its outlook for sales growth of 10% and subscription revenue growth of 20% for the balance of fiscal 2022.

Shares of the IT and enterprise software supplier to the leasing and finance industry rose 4.5% in extended trading.

Price: 4.17, Change: +0.18, Percent Change: +4.51