NetSol Technologies Inc. (NASDAQ:NTWK) is expected to report fourth quarter earnings results, before market open, on Monday 28th September 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter revenue of $ 13.80 million.
Looking ahead, the full year revenues are expected to be $ 56.60 million.
Previous Quarter Performance
NetSol Technologies Inc. disclosed income for the third quarter of $ 0.09 per share, from the revenue of $ 13.53 million. The quarterly revenues down 21.02 percent compared with the same quarter last year. Street analysts expected NetSol Technologies Inc. to report loss of $ 0.06 per share on revenue of $ 13.80 million for the third quarter. The bottom line results beat street analysts by $ 0.15 or 250.00 percent, at the same time, top line results fell short of analysts by $ 0.27 million or 1.96 percent.
Stock Performance
On Friday, shares of NetSol Technologies Inc. has traded high as $ 2.86 and has cracked $ 2.64 on the downward trend, reaching $ 2.68 with volume of 21.10 thousand shares.
According to the previous trading day, closing price of $ 2.68, representing a 39.50 % increase from the 52 week low of $ 2.00 and a 52.31 % decrease over the 52 week high of $ 5.85.
The company has a market capital of $ 32.26 million and is part of the Technology sector and Software – Application industry.
Conference Call
NetSol Technologies Inc. will be hosting a conference call at 9:00 AM eastern time on 28th September 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.netsoltech.com
NetSol Technologies, Inc. designs, develops, markets, and exports software products to the automobile financing and leasing, banking, and financial services industries worldwide. It also provides system integration, consulting, and IT products and services.
