Latest news with #IDTCorporation
Yahoo
3 days ago
- Business
- Yahoo
IDT Corporation to Report Third Quarter 2025 Results
NEWARK, NJ, May 30, 2025 (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 third quarter fiscal year 2025 (the three months ended April 30, 2025) on Thursday, June 5, 2025. IDT's earnings release will be issued and posted on the IDT investor relations website ( at approximately 4:15 PM Eastern. IDT will host an earnings conference call beginning at 5:00 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 491722. A replay of the conference call will be available approximately three hours after the call concludes through June 19, 2025. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 52353. The replay will also be accessible via streaming audio at the IDT investor relations website. ABOUT IDT CORPORATION IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging. Contact: Bill Ulrey IDT Investor Relations Phone: (973) 438-3838 E-mail: invest@ ###
Yahoo
28-03-2025
- Business
- Yahoo
Why IDT Corp. (IDT) Is Surging In 2025?
We recently published a list of . In this article, we are going to take a look at where IDT Corporation (NYSE:IDT) stands against other telecom stocks that are surging in 2025. The telecom sector has seen many ups and downs in the past few years. Post-COVID, these stocks declined even more due to the inflation wave and the subsequent interest rate hikes. Telecommunication companies usually have significant debt on their balance sheets due to infrastructure CapEx, and they were among the hardest hit. However, rates are now slowly coming down, and these stocks are also starting to bottom out and turn a corner. Many telecom stocks are still profitable and pay dividends. Falling bond yields are making them even more attractive. It's a good idea to keep tabs on which telecom stocks are spearheading the gains so far this year. For this article, I screened the best-performing telecom stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A customer making a purchase at a modern retail store terminal, showing the ubiquity of the company's payment solutions. Number of Hedge Fund Holders In Q4 2024: 20 IDT Corporation (NYSE:IDT) provides communications and payment services. It also has point-of-sale and international remittance systems, along with cloud and traditional communication services. The stock is up significantly so far in 2025 as IDT Corporation (NYSE:IDT) reported stellar Q2 FY2025 results. Revenue increased by 2% year-over-year to $303.3 million. Gross profit surged by 16% to $112 million, with gross margins expanding to 36.9%. Income from operations jumped by 77% to $28.3 million. Adjusted EBITDA also rose by 56% to $34 million. Meanwhile, GAAP EPS increased from $0.57 to $0.80, while non-GAAP EPS grew from $0.67 to $0.84. In addition, IDT Corporation (NYSE:IDT) raised its quarterly dividend by 20%, from $0.05 to $0.06 per share. The company repurchased 179,338 shares of Class B common stock during the second quarter for $8.5 million at an average price of $47.59 per share. IDT stock is up 9.93% year-to-date. Overall, IDT ranks 12th on our list of telecom stocks that are surging in 2025. While we acknowledge the potential of IDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IDT but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
