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NETSOL Technologies Inc reported a 2.8% YoY revenue growth, driven by a 9.4% increase in subscription and support revenue. The company secured a partnership with Sonic Automotive and launched Check AI, an AI-powered credit decisioning engine. Despite a loss from operations of $1.8 million, NETSOL maintains a strong cash position of $22.7 million. However, operating expenses increased to 51.6% of sales, and the company experienced a GAAP net loss of $2.4 million.

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