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NetSol Technologies Sees Q1 Revenue Growth and Profitability Recovery

The Motley Fool +1 · ·by G4L

NTWK
NTWK Netsol Technologies Inc
$5.28 -23.29%
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  1. 1NetSol revenue for the quarter increased 9.3% to $16.4 million.
  2. 2NetSol gross margin expanded to 50.5% in the first quarter.
  3. 3NetSol subscription and support revenue for the quarter reached $9.5 million.

So what's the key point?

NetSol's revenue grew to $16.4 million, improving its profitability. This also means the percentage of profit the company keeps from its sales has increased.

Source The Motley Fool +1 · View original ↗

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