BOSS Money Customers Sent Cash Home to Mom at a Record Rate [Yahoo! Finance]
IDT Corporation Class B (IDT)
US:NYSE Investor Relations:
ir.idt.com/investor-relations
Company Research
Source: Yahoo! Finance
Newark, NJ, May 15, 2024 (GLOBE NEWSWIRE) -- BOSS Money , the international money remittance service of IDT Corporation (NYSE: IDT), today announced that its customers sent a record number of transfers during the week leading up to Mother's Day, on May 12, 2024. “Mother's Day is always an exciting time for BOSS Money , as we help our customers celebrate their mom and show their love by sending a gift she will appreciate,” said Michelle Rendo, Boss Money's VP of Marketing. “ BOSS Money generated 46% year-over-year transaction growth and a 41% revenue increase for the week that ended on Mother's Day,” Rendo added. “Looking only at destination countries that celebrated Mother's Day this past week, transactions surged 56% compared to last year with strong contributions from both our digital and retail channels.” BOSS Money's international remittance service provides affordable, reliable money transfers for residents of the U.S. and Canada to 48 popular destination countries in Lati
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News
- Zacks Initiates Coverage of IDT Corporation With Neutral Recommendation [Yahoo! Finance]Yahoo! Finance
- NRSInsights' May 2024 Retail Same-Store Sales Report [Yahoo! Finance]Yahoo! Finance
- NRSInsights’ May 2024 Retail Same-Store Sales ReportGlobeNewswire
- Estimating The Fair Value Of IDT Corporation (NYSE:IDT) [Yahoo! Finance]Yahoo! Finance
- IDT Co. (NYSE: IDT) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
IDT
Sec Filings
- 6/18/24 - Form 4
- 6/10/24 - Form 10-Q
- 6/5/24 - Form 8-K
- IDT's page on the SEC website