---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020637"
form_type: "8-K"
ticker: "NTWK"
cik: "0001039280"
company_name: "NETSOL TECHNOLOGIES INC"
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:03:06.187541+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NETSOL Q3 fiscal 2024: Revenue up 14% to $15.5M, GAAP EPS $0.03 vs $0.23 prior, adjusted EBITDA $0.07

## Summary
- Total net revenues $15.5M (+14% YoY); services revenue $7.8M (+60%).
- GAAP net income $328k ($0.03 diluted) vs $2.5M ($0.23) prior, impacted by $964k FX loss vs $5.4M gain.
- Gross margin improved to 48% from 35%; operating expenses 40% of sales.
- Non-GAAP adjusted EBITDA $810k ($0.07) down from $3.3M ($0.29); constant-currency net loss $35k.

## SEC filing metadata
- accession: 0001493152-24-020637
- form_type: 8-K
- ticker: NTWK
- cik: 0001039280
- company_name: NETSOL TECHNOLOGIES INC
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039280/000149315224020637/0001493152-24-020637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039280/000149315224020637/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020637
- JSON: https://secwatch.observer/filing/0001493152-24-020637.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020637.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.