NetSol Technologies (NTWK) Posts Q4 GAAP Loss of 79c/Share

NetSol Technologies (NASDAQ: NTWK) reported Q4 EPS of ($0.79), which may not compare with the analyst estimate of ($0.09). Revenue for the quarter came in at $9.5 million versus the consensus estimate of $10.84 million.

Adjusted EBITDA loss (a non-GAAP measure) was $3.3 million, compared to Adjusted EBITDA of $5.1 million for the same period last year. During the fiscal 2014 quarter, depreciation and amortization increased by $2.4 million, which was primarily comprised of two discontinued software products and depreciation of NFS Ascent now that it has been launched.

For earnings history and earnings-related data on NetSol Technologies (NTWK) click here.

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