NETSOL TECHNOLOGIES INC (NTWK): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 14:39 ET
- Event date
- 2026-11-12
- Accession no.
- 0001493152-26-051655
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
NETSOL reports fiscal first quarter 2027 revenue of $16.4 million and net income
NETSOL reported fiscal first quarter 2027 revenue growth of 9.3% to $16.4 million and GAAP net income attributable to NETSOL of $0.16 million. Gross margin rose to 50.5%, benefiting from revenue mix and approximately $1.0 million of capitalized software development costs. Operating activities used $5.6 million in cash, primarily attributable to working capital.
- Revenue increased 9.3% to $16.4 million for the quarter ended September 30, 2026.
- Gross margin was 50.5%, compared with 39.4% in the prior-year period.
- GAAP net income attributable to NETSOL was $0.16 million, compared with a net loss of $2.36 million.
- Operating activities used $5.6 million in cash; cash and cash equivalents were $19.7 million at September 30, 2026.
earnings
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed".
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | form8-k.htm |
| EX-99.1 | EX-99.1 | ex99-1.htm |
| EX-99.2 | EX-99.2 | ex99-2.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.