NETSOL posts record revenue and forecasts further double-digit growth
NETSOL Technologies ($NTWK) reported fiscal 2026 revenue of $74.4 million, up 12.5% and above its $73 million outlook. Subscription and support revenue increased 8.7% to $35.8 million, while gross margin expanded to 52.6%. Operating income reached $6.9 million, and operating cash flow improved sharply to $13.9 million from approximately $400,000 a year earlier. For fiscal 2027, the software company projects revenue growth of 13%–16%, gross margin of around 50% or better, and growth of 15%–25% in
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