NetSol Technologies (NASDAQ:NTWK – Get Free Report) issued its quarterly earnings data on Thursday. The software maker reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03, Zacks reports. The business had revenue of $19.83 million for the quarter, compared to the consensus estimate of $15.10 million. NetSol Technologies had a return on equity of 4.68% and a net margin of 2.74%.
Here are the key takeaways from NetSol Technologies’ conference call:
- NetSol reported a record third quarter with total net revenue of $19.8 million, up about 13% year over year, while operating income and adjusted EBITDA also improved meaningfully.
- Recurring subscription and support revenue grew 11.7% in the quarter, highlighting stronger ongoing revenue quality and the benefit of multi-year customer relationships.
- A $50 million, four-year Mercedes-Benz contract extension drove $4.7 million of license revenue in the quarter and provides additional visibility into future subscription, support, and services revenue.
- NetSol expanded its Transcend Finance footprint with go-lives at Northridge Finance in the U.K. and Ford China, and it renewed a multi-million dollar agreement with Investec Bank.
- Management reiterated full-year fiscal 2026 revenue guidance of $73 million to $74 million and said it will continue investing in Transcend Retail and AI-enabled workflow tools to drive growth.
NetSol Technologies Trading Down 1.4%
NTWK stock traded down $0.06 during midday trading on Friday, reaching $4.09. The company’s stock had a trading volume of 27,800 shares, compared to its average volume of 36,533. NetSol Technologies has a 1 year low of $2.66 and a 1 year high of $5.75. The firm has a market capitalization of $48.51 million, a price-to-earnings ratio of 25.56 and a beta of 0.81. The stock has a fifty day simple moving average of $3.60 and a two-hundred day simple moving average of $3.38. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.32 and a current ratio of 2.32.
Institutional Investors Weigh In On NetSol Technologies
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of NetSol Technologies from a “sell (d)” rating to a “hold (c)” rating in a research note on Thursday, February 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on NetSol Technologies
About NetSol Technologies
NetSol Technologies, Inc is a publicly traded enterprise software provider specializing in asset finance and leasing solutions. Headquartered in Calabasas, California, the company was founded in 1997 by Najeeb Ghauri, who continues to serve as its chief executive officer. NetSol has built a reputation for delivering end-to-end digital solutions tailored to the finance, leasing, and rental industries, enabling clients to streamline operations, improve customer engagement, and accelerate business growth.
The company’s flagship offering, NFS Ascent, is a configurable, modular platform that supports the entire contract lifecycle—from origination and credit approval through servicing and end-of-term processing.
Featured Articles
- Five stocks we like better than NetSol Technologies
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for NetSol Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NetSol Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
