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NetSol Technologies, Inc. - $NTWK STOCK NEWS

Welcome to our dedicated page for NetSol Technologies news (Ticker: $NTWK), a resource for investors and traders seeking the latest updates and insights on NetSol Technologies stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NetSol Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NetSol Technologies's position in the market.

News
NETSOL Technologies appoints Jason Hurwitz as Sales Director of Europe
Rhea-AI Summary
NETSOL Technologies, Inc. (Nasdaq: NTWK) appoints Jason Hurwitz as Sales Director of Europe, leveraging his extensive experience in the banking sector to drive sales strategy and foster growth. Hurwitz's background includes roles at Aldermore Bank and Close Brothers Asset Finance, providing him with unique insights into end customer value in SME lending and banking. The company aims to enhance client relationships and further grow across Europe with Hurwitz's expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
management
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News
Haydock Finance Subscribes to Additional Appex Now Products – Dock and Lane
Rhea-AI Summary
NETSOL Technologies, Inc. (Nasdaq: NTWK) announced that Haydock Finance, a leading asset finance specialist in the UK, has signed up for two additional products from NETSOL’s Appex Now marketplace - Dock and Lane. The company previously subscribed to Flex, an API-based instant calculation engine. The CEO of NETSOL expressed satisfaction with the partnership and emphasized the success of their API-first products in revolutionizing how businesses integrate their solutions.
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News
NETSOL Technologies Welcomes Erik Wagner as Chief Marketing Officer
Rhea-AI Summary
NETSOL Technologies (Nasdaq: NTWK) appoints Erik Wagner as Chief Marketing Officer, emphasizing the company's commitment to global marketing initiatives and growth. Wagner's extensive experience in marketing at growth-oriented companies highlights his potential to enhance revenue through strategic efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
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none
News
NETSOL Technologies Announces Two UK-Based Financial Institutions Go Live with NETSOL’s API-Based Calculation Engine Flex
Rhea-AI Summary
NTWK: NETSOL Technologies, Inc. Announces Partnership with Bibby Financial Services and United Trust Bank to Provide API-Based Solutions for the Global Credit, Finance, and Leasing Industry
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News
NETSOL Technologies Reports Fiscal First Quarter 2024 Results
Rhea-AI Summary
NETSOL Technologies, Inc. reports a 12% increase in net revenue to $14.2 million for the fiscal first quarter of 2024. Gross margins increased to 43%, and the company achieved a net profit. The CEO highlighted the growth in total net revenue, improved gross margins, and profitability, emphasizing the goal to drive more consistent license revenue alongside predictable subscription and support and services revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.5%
Tags
earnings
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UPDATE - NETSOL Technologies Sets Fiscal First Quarter 2024 Conference Call for Tuesday, November 7, 2023 at 9:00 a.m. ET
Rhea-AI Summary
NETSOL Technologies, Inc. will hold a conference call on November 7, 2023, to discuss its financial results for the fiscal first quarter ended September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
earnings
News
NETSOL Technologies Sets Fiscal First Quarter 2023 Conference Call for Tuesday, November 7, 2023 at 9:00 a.m. ET
Rhea-AI Summary
NETSOL Technologies, Inc. will hold a conference call on November 7, 2023, to discuss its financial results for the fiscal first quarter ended September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
earnings
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News
NETSOL Technologies Reports Fiscal Fourth Quarter and Year End 2023 Financial Results
Rhea-AI Summary
NETSOL Technologies reported Q4 2023 net revenue of $13.8 million, exceeding the prior year period. Total subscription and support revenues were $6.8 million, compared to $6.1 million in the prior year. Services revenues were $7.0 million. The company is targeting revenue of $61 million to $63 million in fiscal 2024, representing a 16% to 20% increase compared to fiscal 2023 revenue of $52.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.91%
Tags
earnings
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News
NETSOL Technologies Sets Fiscal Fourth Quarter and Full Year 2023 Conference Call for Friday, September 22, 2023 at 9:00 a.m. ET
Rhea-AI Summary
NETSOL Technologies, Inc. to hold conference call on September 22, 2023 to discuss financial results for Q4 and full year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
earnings
News
NETSOL Cloud Services Achieves AWS Lambda Service Delivery Designation
Rhea-AI Summary
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Stock NTWK logo
NetSol Technologies, Inc.

Nasdaq:NTWK

NTWK Rankings

#5005 Ranked by Market Cap
#4283 Ranked by Stock Gains
N/A Ranked by Dividends

NTWK Stock Data

29.08M
9.04M
20.67%
20.93%
0.47%
Software Publishers
Information
Link
United States of America
ENCINO,

About NTWK

netsol technologies inc. (www.netsoltech.com) is a worldwide provider of global it and enterprise application solutions which include credit and finance portfolio management systems, sap consulting, custom development, systems integration and technical services. its flagship product, netsol financial suite is a comprehensive solution that caters to the asset finance and leasing industry. nfs is the end-to-end software solution which gives its clients complete control of their credit portfolio. netsol has delivery and support locations in san francisco, london, beijing, bangkok, lahore, sydney and jakarta. the company's clients include fortune 500 manufacturers, global automakers, financial institutions, utilities, technology providers, and government agencies. its product and services have also achieved iso 9001, iso 20000, iso 27001, and sei cmmi level 5 assessments.