NetSol Technologies, Inc. (NTWK) Reports Strong Q3 FY 2010 Financial Results
NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, this morning reported its consolidated financial results for the third quarter ended March 31, 2010. The results included an remarkable increase in sales and a return to profitability. The company highlighted the following results: •Revenues for the fiscal year 2010 third quarter totaled $8.9 million, an increase of $3.9 million, or 77.8%, over the same period a year earlier. •Net income per share totaled $0.02 versus a loss ($0.19) for the same period a year ago. •Net revenues from license fees totaled $3.64 million, an increase of…