IDT Stock Gains Following Strong Q3 Earnings and Margin Expansion – June 10, 2025
From Zacks Investment Research: 2025-06-10 12:24:00
Shares of IDT Corporation (IDT) jumped 10.4% after reporting strong third-quarter fiscal 2025 results. The company saw a 0.8% increase in consolidated revenues to $301.9 million, with gross profit rising 15.4% to $111.9 million. GAAP EPS climbed 290.9% to $0.86, while adjusted EPS surged 136.8% to $0.90. Segment-level gains were broad-based, with NRS, Fintech, and net2phone all showing revenue growth. IDT’s management highlighted product innovation efforts and potential AI-powered offerings as future revenue drivers. The company also reiterated its full-year fiscal 2025 guidance, expecting to double its adjusted EBITDA to $126 million.
IDT Corporation’s financial performance for the third quarter of fiscal 2025 showed significant growth, with strong top-line and profitability gains across its segments. NRS, Fintech, and net2phone all reported revenue increases, with gross margin reaching a record high of 37.1%. The company generated $75.7 million in operating cash flow, demonstrating strong operational efficiencies. Management highlighted cost discipline and product innovation efforts as key drivers of growth. IDT also declared a quarterly dividend of $0.06 per share and executed share repurchases during the quarter.
Read more at Zacks Investment Research: IDT Stock Gains Following Strong Q3 Earnings and Margin Expansion – June 10, 2025