IDT Stock Recent News

IDT records higher revenues, EPS and EBITDA in second-quarter fiscal 2025. The company boosts its dividend, expands its Fintech segment and ramps up share buybacks.

IDT Corporation (NYSE:IDT ) Q2 2025 Earnings Conference Call March 6, 2025 5:30 PM ET Company Participants Bill Ulrey - Investor Relations Samuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Conference Call Participants William Vaughan - Corient Operator Good evening, and welcome to the IDT Corporation's Second Quarter Fiscal Year 2025 Earnings Call. During management's remarks, all participants will be in listen-only mode.

Record levels of gross profit +16%; income from operations +77%; Adjusted EBITDA * +56% GAAP EPS increased to $0.80 from $0.57; Non-GAAP EPS * increased to $0.84 from $0.67 IDT raised its quarterly dividend 20% to 6 cents NEWARK, NJ, March 06, 2025 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for its second quarter fiscal year 2025, the three months ended January 31, 2025. SECOND QUARTER HIGHLIGHTS (Throughout this release, unless otherwise noted, results for the second quarter of fiscal year 2025 (2Q25) are compared to the second quarter of fiscal year 2024 (2Q24).

February same-store sales increased 3.5% year-over-year * NEWARK, N.J., March 05, 2025 (GLOBE NEWSWIRE) -- NRSInsights , a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for February 2025.

net2phone AI Agent manages sales, support, and administrative tasks across website, phone, and chat for enhanced customer experiences

NEWARK, NJ, Feb. 25, 2025 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, has scheduled its report of financial and operational results for the second quarter fiscal year 2025 (the three months ended January 31, 2025) on Thursday, March 6, 2025.

January same-store sales increased 4.7% year-over-year  NEWARK, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for January 2025.

Newark, NJ, Feb. 06, 2025 (GLOBE NEWSWIRE) -- IDT global, IDT Corporation's (NYSE: IDT) wholesale carrier services business, today announced that it has entered into a Preferred Partner Agreement with Natcom, Haiti's leading telecommunications provider, to manage international long-distance traffic for Natcom's network in Haiti. IDT global will also help to protect Natcom against revenue leakage while strengthening Natcom's position as a trusted and reliable telecommunications provider for international voice traffic.

Zero-fee App Transfers to Venezuela  New Funding Option for Retail Customers Newark, NJ, Jan. 15, 2025 (GLOBE NEWSWIRE) -- BOSS Money , the remittance and payments brand of IDT Corporation (NYSE: IDT), today announced three new destination countries - Venezuela, Brazil, and Eritrea - and expanded payment options for customers sending money from BOSS Money retailer locations. BOSS Money customers in the USA can now send cash directly to the accounts of family and friends at 34 of the largest Venezuelan banks including Banco Bicentenario, Banco de Venezuela, Banco Nacional de Crédito, Banco Occidental de Descuento (BOD), Banesco, BBVA Provincial, and Mercantil Banco.

December same-store sales increased 1.7% year-over-year  Full year 2024 same-store sales increased 1.8% year-over-year NEWARK, N.J., Jan. 09, 2025 (GLOBE NEWSWIRE) -- NRSInsights , a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for December and the full year 2024.