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Stock impact report

IDT Stock Up Following Q4 Earnings Uptick, Gross Margin Expands [Yahoo! Finance]

IDT Corporation Class B (IDT) 
US:NYSE Investor Relations: ir.idt.com/investor-relations
Company Research Source: Yahoo! Finance
GAAP EPS for the quarter was $1.45, reflecting a surge of 367.7% from the year-ago figure. Full-year fiscal 2024 adjusted EPS was $1.95, reflecting a 4.8% uptick from the comparable fiscal 2023 period. IDT's Revenues in Detail IDT registered revenues of $308.8 million in the fiscal fourth quarter, up 1.7% year over year. Robust performances by National Retail Solutions (NRS), BOSS Money, net2phone and IDT Digital Payments drove the topline. Full-year fiscal 2024 revenues were $1.21 billion, reflecting a 2.7% decline from the comparable fiscal 2023 period. Shares of this company gained nearly 0.9% at yesterday's close. IDT's Segment Details IDT's operations consist of four business segments — NRS, net2phone, Fintech and Traditional Communications. For the quarter under review, NRS reported revenues of $28.2 million, up 42% from the year-ago quarter. During the quarter, NRS added approximately 1,800 net active terminals and approximately 1,900 net payment processing a Show less Read more
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