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NetSol Reports Y/Y Revenue Growth in Q1 but Faces Earnings Challenges
NTWKNetSol(NTWK) ZACKS·2024-11-18 18:00

Shares of NetSol Technologies, Inc. (NTWK) have declined 6.3% since the company reported its earnings for the first quarter of fiscal 2025. This compares to the S&P 500 index’s 2% decline over the same time frame. Over the past month, the stock has lost 13.5% versus the S&P 500’s 0.5% decline.Q1 Revenue & Earnings PerformanceNetSol reported a 3% increase in total net revenues for the first quarter of fiscal 2025 to $14.6 million from $14.2 million in the prior-year period. This was primarily driven by a 26% ...