NETSOL Signs Expansion Agreement with Major Automaker Increasing Total Contract Value to Over $30 Million
NETSOL Technologies Inc. (NTWK)
Last netsol technologies inc. earnings: 2/12 08:00 am
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ir.netsoltech.com
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Source: GlobeNewswire
ENCINO, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering state-of-the-art solutions for the asset finance and leasing industry, has signed a new agreement with a major automaker and longstanding customer to support their operations throughout China. This agreement brings the total value of the contract to over $30 million over five years and is expected to contribute to consistent revenue growth in fiscal 2025 and beyond. Najeeb Ghauri, Founder and Chief Executive Officer of NETSOL Technologies, Inc., commented, “We’re pleased to expand our agreement with a longstanding client and major automaker to support their operations in China. This agreement represents a new stage of growth for our business as we begin to broaden our scope in the Asia Pacific market, where we already have a very strong and established presence.” Mr. Ghauri added, “We anticipate this new contract will contribute to double digit revenue growth
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News
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- NetSol Technologies, Inc. (NASDAQ: NTWK) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
NTWK
Sec Filings
- 9/12/24 - Form 8-K
- 8/2/24 - Form 5
- 8/2/24 - Form 5
- NTWK's page on the SEC website