Brief: Netsol Technologies Posts Q3 EPS $0.25

Netsol Technologies

14/05/2018 12:33

May 14 (Reuters) - NetSol Technologies Inc  NTWK.O :
    * NETSOL TECHNOLOGIES REPORTS FISCAL THIRD QUARTER 2018
FINANCIAL
RESULTS
    * Q3 REVENUE $17 MILLION VERSUS $17.9 MILLION
    * Q3 GAAP EARNINGS PER SHARE $0.25
    * NETSOL TECHNOLOGIES - REPORTED QTRLY COST SAVINGS OF $1.8
MILLION MOSTLY TIED TO COST RATIONALIZATION INITIATIVES
    * DUE TO ONGOING COST REDUCTION INITIATIVES, NOW PROJECTING
AT
LEAST $7 MILLION OF SAVINGS IN FISCAL 2018 ALONE

Source text for Eikon:  ID:nGNX1Hhb47 
Further company coverage:  NTWK.O 

 (Reuters.Briefs@thomsonreuters.com)