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StockNews.com started coverage on shares of NetSol Technologies (NASDAQ:NTWK – Get Rating) in a report released on Monday morning. The firm issued a buy rating on the software maker’s stock. NTWK opened at $3.93 on Monday. The company has a fifty day moving average price of $3.96. NetSol Technologies has a 1 year low of […]
StockNews.com initiated coverage on shares of NetSol Technologies (NASDAQ:NTWK – Get Rating) in a report issued on Saturday. The firm set a “buy” rating on the software maker’s stock. NTWK stock opened at $3.95 on Friday. NetSol Technologies has a 1 year low of $3.61 and a 1 year high of $6.12. The stock has […]
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NetSol Technologies Inc. reported lower earnings and revenue for the fiscal second quarter. The Calabasas software developer for the vehicle and equipment leasing markets reported on Tuesday a net loss of $242,000 (-2 cents a share) for the quarter ending Dec. 31, compared with net income of $586,000 (5 cents) in the same period a year earlier. Revenue decreased 17 percent to $13.1 million. The company attributed the revenue drop to a decrease in total service revenues to $4.8 million, which was offset by an increase in total license fees to $2.5 million and an increase in total subscriptio...