Fiscal 2015 First Quarter Financial Results
The following comparison refers to results for the fiscal 2015 first quarter versus the fiscal 2014 first quarter.
Total net revenues advanced to $10.2 million from $8.9 million.
"NetSol is now in the early stages in a return to growth, with multiple new NFS Ascent contracts in place, including the largest single agreement we have signed to date," said Najeeb Ghauri, CEO. "The transformative investments we have made over the past few years are beginning to show results, allowing us to implement complex solutions at a faster rate than in the past, and across multiple countries, languages, currencies, and accounting standards.
"We also recently expanded our presence to Germany, opening a new office and hiring several senior employees.
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