IDT Stock Recent News

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.

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IDT's overall topline benefits from revenue growth in the majority of its segments.

NRS and BOSS Money are continuing to post more than 40% year-over-year growth rates. IDT's shares trade at a large discount to my estimate of intrinsic value at $65 per share. The balance sheet remains strong, and management is returning capital to shareholders through dividends and share repurchases.

September same-store sales increased 2.2% year-over-year NEWARK, N.J., Oct. 09, 2024 (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 same-store sales results for September 2024.

IDT Corporation (NYSE:IDT ) Q4 2024 Earnings Conference Call October 8, 2024 5:30 PM ET Company Participants Shmuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Conference Call Participants Greg McKinley - Asymmetric Management Operator Good evening, and welcome to the IDT Corporation's Fourth Quarter and Full Fiscal Year 2024 Earnings Call. In today's presentation, IDT's management will discuss IDT's financial and operational results for the three- and 12-month periods ended July 31, 2024.

4Q24 YoY revenue growth rates: NRS * +42%; BOSS Money +41%; net2phone * +15%

NEWARK, NJ, Sept. 23, 2024 (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 fourth quarter and fiscal year 2024 (the three and twelve months ended July 31, 2024) on Tuesday, October 8, 2024.

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