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Oct 31, 2024
IDT Q1 2025 Earnings Report
IDT reported record results, driven by strong performance in NRS, Fintech, and net2phone segments.
Key Takeaways
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's income from operations increased by 38% to $23.6 million.
Adjusted EBITDA increased by 31% to a record $29.1 million.
GAAP EPS increased to $0.68 from $0.30.
Non-GAAP EPS increased to $0.71 from $0.32.