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NetSol Technologies Inc (NTWK.OQ)

NTWK.OQ on NASDAQ Stock Exchange Capital Market

4.45USD
21 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Netsol Technologies announces stock repurchase program
Tuesday, 18 Jul 2017 08:00am EDT 

July 18 (Reuters) - Netsol Technologies Inc ::Netsol Technologies announces stock repurchase program.Netsol Technologies - ‍approved a stock repurchase program authorizes repurchases of up to 500,000 to 1 million shares of its common stock over next 5 months​.Netsol Technologies Inc - ‍Netsol expects to fund repurchase with its existing cash balance including cash generated from operations​.  Full Article

Netsol says misstatements were identified in previous financial statements
Monday, 22 May 2017 05:28pm EDT 

May 22 (Reuters) - Netsol Technologies Inc ::Netsol -during preparation of form 10-q for nine months ended march 31, 2017, misstatements were identified in previous financial statements.Netsol technologies inc says misstatements were identified in previous financial statements relating to recording of revenue in proper period.Netsol -quarterly financial statements for quarters ended sept 30, 2015, dec 31, 2015, sept 31, 2016 and dec 31, 2016 should no longer be relied upon.  Full Article

MOAB Capital Partners reports a 6.1 pct passive stake in Netsol Technologies
Thursday, 6 Apr 2017 05:31pm EDT 

Netsol Technologies Inc - :MOAB Capital Partners LLC reports a 6.1 percent passive stake in Netsol Technologies Inc as of March 27 - SEC filing.  Full Article

Netsol Technologies Q2 adjusted gaap loss per share $0.09
Tuesday, 14 Feb 2017 07:00am EST 

Netsol Technologies Inc : Netsol Technologies announces fiscal 2017 second quarter financial results . Q2 revenue rose 9 percent to $17.6 million . Sees FY 2017 revenue $73 million to $75 million . Q2 adjusted gaap loss per share $0.09 . Q2 gaap loss per share $0.09 . Sees non-gaap adjusted EBITDA, net, of $9 to $10 million for fiscal 2017 .FY 2017 revenue view $73.0 million -- Thomson Reuters I/B/E/S.  Full Article

NetSol announces stock repurchase program
Wednesday, 16 Nov 2016 08:00am EST 

NetSol Technologies Inc : NetSol Technologies Inc - NetSol expects to fund repurchase with its existing cash balance including cash generated from operations . NetSol Technologies Inc - Approved a stock repurchase program that authorizes repurchases of up to 500,000 shares of its common stock over next six months .NetSol announces stock repurchase program.  Full Article

Netsol Technologies Q1 gaap loss per share $0.17
Monday, 14 Nov 2016 07:00am EST 

Netsol Technologies Inc : Sees non-gaap adjusted ebitda, net, of $13 to $14 million for fiscal 2017 . Netsol technologies announces fiscal 2017 first quarter financial results . Q1 revenue rose 13 percent to $15 million . Q1 gaap loss per share $0.17 .Sees fy 2017 revenue $73 million to $75 million.  Full Article

NetSol Technologies posts Q3 earnings of $0.08/share
Tuesday, 10 May 2016 08:29am EDT 

NetSol Technologies : Reports fiscal 2016 third-quarter results . Q3 GAAP earnings per share $0.08 . Q3 revenue rose 22 percent to $16 million . Sees FY 2016 adjusted earnings per share more than $1.00 . Q3 adjusted earnings per share $0.30 .Sees FY 2016 revenue $62 million.  Full Article

NetSol Technologies Inc Signs Two New Agreements in China to Provide Finance and Leasing Software Solution
Tuesday, 29 Sep 2015 08:30am EDT 

NetSol Technologies Inc:Was selected by Taiwan Acceptance Corporation Finance Leasing Co., Ltd., an entity approved by the China Ministry of Commerce, and Yulon Auto Finance Company, an entity approved by the China Banking Regulatory Commission, to implement applications of the NetSol Financial Suite.Says Yulon will implement CAP, CMS and the Wholesale Finance System (WFS) as its core business solution.Says The agreements have a combined value of about $3.0 million, which include business process consulting, customization and on-site implementation services, and are expected to be completed within the next six months.  Full Article

BRIEF-Netsol Technologies announces stock repurchase program

* Netsol Technologies - ‍approved a stock repurchase program authorizes repurchases of up to 500,000 to 1 million shares of its common stock over next 5 months​