IDT Earnings Reports

IDT's Q2 2025 revenue grew 2% year-over-year to $303.3 million, with gross profit increasing 16% to $112 million. Net income reached $20.3 million, a 41% increase, while GAAP EPS rose to $0.80. Non-GAAP EPS improved to $0.84. Key segments, including National Retail Solutions and BOSS Money, posted significant growth, while traditional communications continued to contribute positively. Adjusted EBITDA jumped 56% to $34 million.

IDT Corporation reported strong financial results for the first quarter of fiscal year 2025, with income from operations increasing by 38% to $23.6 million and Adjusted EBITDA rising by 31% to a record $29.1 million. GAAP EPS increased to $0.68 from $0.30, and Non-GAAP EPS increased to $0.71 from $0.32. Consolidated revenue increased sequentially for the third consecutive quarter, with NRS, Fintech (powered by BOSS Money), and net2phone achieving robust increases in revenue, gross profit, and Adjusted EBITDA.

IDT Corporation reported a strong fourth quarter with record Adjusted EBITDA. Key growth drivers were National Retail Solutions (NRS), BOSS Money, and net2phone. The Traditional Communications segment delivered solid cash flows, and the company is focused on maximizing cash generation and investing in growth initiatives.

IDT Corporation reported strong third-quarter results, driven by its high-growth businesses. NRS surpassed 30,000 active terminals, net2phone's Adjusted EBITDA doubled, and BOSS Money achieved positive Adjusted EBITDA for the Fintech segment.

IDT Corporation reported its second quarter fiscal year 2024 results, with GAAP EPS unchanged year-over-year at $0.57 and non-GAAP EPS increasing to $0.67 from $0.62. The company highlighted the expansion of its growth businesses, NRS and BOSS Money, both surpassing $100 million in annual revenue run rate. A quarterly dividend of $0.05 per share was initiated.

IDT Corporation reported its Q1 2024 earnings, highlighting strong revenue growth in its high-growth, high-margin businesses, BOSS Money, NRS and net2phone. The growth in these segments drove a 370 basis point year-over-year increase in gross profit margin and record gross profit. The company is also focusing on streamlining overhead and returning value to stockholders through share repurchases.

IDT Corporation reported its Q4 and full fiscal year 2023 results, with a focus on the growth of its high-margin businesses, including NRS, net2phone, and BOSS Money. The company invested in growth initiatives, particularly in NRS and net2phone, and introduced new services like Elroy, a mobile banking app. Traditional Communications segment performed as expected.

IDT Corporation reported a year-over-year increase in gross profit, Adjusted EBITDA, and EPS, driven by the expansion of its high-growth, high-margin businesses and resilient cash flows from the Traditional Communications segment. NRS added new POS terminals and payment processing accounts, net2phone increased subscription revenue, and BOSS Money's remittance volume grew.

IDT Corporation reported significant year-over-year increases in Adjusted EBITDA, income from operations, and EPS, led by contributions from NRS, BOSS Money, and net2phone. NRS more than doubled its recurring revenue, net2phone achieved 30% year-over-year subscription revenue growth, and BOSS Money's transaction volumes increased by 39% year-over-year.

IDT Corporation reported strong Q1 2023 results, driven by the rapid expansion of NRS, BOSS Money, and net2phone businesses, which contributed significantly to the company's consolidated Adjusted EBITDA. The company achieved its second consecutive quarter of record Adjusted EBITDA, with net2phone and the Fintech segment turning the corner to generate positive Adjusted EBITDA.

IDT Corporation reported strong Q4 2022 results, driven by its fintech and cloud communications businesses. The company achieved its highest levels of quarterly and full fiscal year income from operations since 2015 and its highest levels of quarterly and annual Adjusted EBITDA in company history.

IDT Corporation reported strong third-quarter results, driven by the performance of its high-margin, high-growth businesses. NRS added nearly 1,400 net POS terminals and 1,200 net payment processing accounts. net2phone's subscription revenue increased 42% year-over-year, and BOSS Money's revenue increased 51%. However, Traditional Communications revenue decreased by $59.9 million, impacting overall income from operations.

IDT Corporation reported positive results for Q2 2022, with significant growth in NRS revenue and net2phone-UCaaS subscription revenue. The company is focused on the spin-off of net2phone and continues to expand its services and customer base.

IDT Corporation reported strong first-quarter results, with year-over-year increases in revenue, gross profit, income from operations, and Adjusted EBITDA. Key growth drivers were net2phone, NRS, and BOSS Money.

IDT Corporation reported Q4 2021 EPS of $1.46 and Non-GAAP EPS of $0.66 on revenue of $390 million. Net2phone's subscription revenue growth accelerated, NRS revenue increased significantly, and Traditional Communications revenue also saw growth, particularly in Mobile Top-Up.

IDT Corporation reported a strong third quarter for fiscal year 2021, with net income per diluted share of $1.39 and Non-GAAP income per diluted share of $0.47 on revenue of $374 million. The company's high growth, high margin businesses performed well, with net2phone recording subscription revenue growth of 39% year over year and NRS increasing revenue by over 120% year over year. The BOSS Revolution International Money Transfer business also showed strength, with 63% revenue growth year over year after excluding the impact of transient FX opportunities.

IDT Corporation reported a strong second quarter for fiscal year 2021, with net income per diluted share of $0.51 and non-GAAP earnings per diluted share of $0.49 on revenue of $340 million. The quarter was highlighted by revenue expansion from National Retail Solutions (NRS), BOSS Revolution Money Transfer, and net2phone-UCaaS.

IDT Corporation reported a net income per diluted share of $0.32 and Non-GAAP earnings per diluted share of $0.35 on revenue of $343 million for the first quarter of fiscal year 2021. The company's high-growth businesses, including BOSS Revolution Money Transfer, NRS, and net2phone's cloud communications offerings, generated impressive year-over-year revenue growth.

IDT Corporation reported strong fourth-quarter results with significant growth in their growth businesses, achieving their highest levels of consolidated quarterly margin contribution and Adjusted EBITDA in over a decade. The BOSS Revolution consumer offerings experienced strong demand, especially the Money Transfer business, which leveraged favorable foreign exchange market conditions.

IDT Corporation reported a net income per diluted share of $0.02 and a non-GAAP earnings per diluted share of $0.08 on revenue of $321.3 million for the third quarter of fiscal year 2020.

IDT Corporation reported net income per diluted share of $0.04 and Non-GAAP earnings per diluted share of $0.11 on revenue of $323.9 million for the second quarter of FY 2020.