NetSol Technologies, Inc. (NTWK) Raises Guidance on Improving Outlook
NetSol Technologies, Inc. is a worldwide provider of global business services and enterprise application solutions. The company has a global footprint with operations in many diverse locations including San Francisco, Beijing, London and Bangkok. NetSol's corporate philosophy is exemplified by their core BestShoring practices, which are designed to eliminate the normal risks associated with outsourcing. A couple of weeks ago, NetSol raised its financial guidance for their 2010 fiscal year as a result of growing demand for its core NetSol Financial Suite software business. The company expects to generate revenues of $33-$35 million for the full fiscal year 2010. This…