Brief: Netsol Technologies Reports Q2 Earnings Per Share Of $0.06

Netsol Technologies

13/02/2018 12:30

Feb 13 (Reuters) - Netsol Technologies Inc  NTWK.O : 
    * NETSOL TECHNOLOGIES REPORTS FISCAL SECOND QUARTER 2018 
FINANCIAL 
RESULTS 
    * Q2 REVENUE $14.4 MILLION VERSUS $15.9 MILLION 
    * Q2 GAAP EARNINGS PER SHARE $0.06 
    * NETSOL TECHNOLOGIES - QUARTERLY COST SAVINGS OF $2.1 
MILLION 
DIRECTLY TIED TO RECENT COST RATIONALIZATION INITIATIVES, 
BRINGING TOTAL SAVINGS TO $4.4 MILLION 
    * SEES ANTICIPATED COST REDUCTION OF MORE THAN $6.0 MILLION 
THROUGH FISCAL 2018 
    * QTRLY NON-GAAP ADJUSTED EBITDA $0.19 PER DILUTED SHARE 
 
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