NTWK•NETSOL Technologies' fiscal first-quarter revenue rose 9.3% year over year to $16.4 million, while adjusted EBITDA was $480,000. Gross margin expanded by more than 1,100 basis points.
Fiscal first-quarter revenue rose 9.3% year over year to $16.4 million, slightly below the $16.51 million consensus estimate. Adjusted EBITDA was $480,000, above the $422,000 estimate, and gross profit was $8.3 million.
Gross margin expanded by more than 1,100 basis points, helped by revenue mix and about $1 million of capitalized software development costs. The company said liquidity is sufficient to fund operations through the year and that it will prioritize recurring revenue growth, margin gains, contracted implementations and disciplined cost management for the rest of fiscal 2027.
