NETSOL Beats Guidance with Record $74.4M Revenue, Swings to Full-Year Profit
NTWK sits 79% above its 52-week low of $2.73 on elevated volume (4.3× avg).
Summary
NETSOL delivered record fiscal 2026 revenue of $74.4 million, up 12.5% and above its $73 million guidance. Operating income nearly doubled to $6.9 million, and the company swung to a full-year GAAP profit of $2.95 million, or $0.25 per share. Operating cash flow surged to $13.9 million from $0.4 million, lifting year-end cash to $27.1 million. Management introduced fiscal 2027 guidance for 13-16% revenue growth, 15-25% adjusted EBITDA growth, consolidated adjusted EBITDA of $10.5–11.4 million, and gross margin of approximately 50% or better. The results mark a clear inflection from the prior year's flat net income and weak cash generation, and the strong cash position supports the company's stated plans for selective acquisitions and structural actions to reduce minority interest drag.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — FY27 guidance includes consolidated adjusted EBITDA of $10.5–11.4 million and gross margin of approximately 50% or better.
· SEC 10-K — The 10-K reports FY2026 net income attributable to NetSol of $2.95 million, or $0.25 per share, with operating income of $6.9 million.
At the time of this announcement, NTWK was trading at $4.90 on NASDAQ in the Technology sector, with a market capitalization of approximately $58.2M. The 52-week trading range was $2.73 to $5.75. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.