net2phone’s Powerful Hospitality Solution Integrates with Most Popular Property Management SystemsNEWARK, N.J., Feb. 19, 2026 (GLOBE NEWSWIRE) -- net2phone, a global leader in cloud communications and customer-engagement solutions, today introduced an enhanced communications solution for the hospitality industry. net2phone’s cloud-native voice, video, and messaging capabilities synchronize in real time with many popular property management system (PMS) platforms for unified reporting and streamlined workflo ...

Core Insights - A new federal excise tax of 1% on international money transfers funded with cash, money orders, or cashier's checks took effect on January 1, 2026, impacting U.S. consumers who rely on remittances [1] Group 1: Tax Implications - The 1% tax will significantly increase costs for millions of U.S. money transfer consumers who support family overseas [1] - The tax applies only to cash-based transfers, allowing digital transactions to avoid this fee [2] Group 2: BOSS Money App Features - BOSS Money app enables users to send money internationally without incurring the new tax by using debit cards or bank accounts [2] - The app is designed to provide low rates, transparent pricing, and secure technology, enhancing user experience [3] - BOSS Money has received over 110,000 five-star reviews, indicating high customer satisfaction [4] Group 3: Service Overview - BOSS Money offers fast, secure, and reliable money transfers from the U.S. and Canada to various regions including Latin America, the Caribbean, Africa, and South Asia [5] - The service includes multiple payout options such as cash pick-up, mobile money, and direct deposits to bank accounts and debit cards [6] - BOSS Money provides features like real-time transfer tracking, bilingual support, and a referral program that rewards users for successful referrals [6]

Core Insights - January same-store sales increased by 5.8% year-over-year, showing solid growth compared to December 2025, which had a 4.5% increase [5][7] - The average price for the top 500 items increased by 1.2% year-over-year, a decrease from the 2.3% increase seen in December 2025 [6][10] Sales Performance - Same-store sales decreased by 6.6% compared to December 2025, which had a 1.2% increase from November 2025 [6] - For the three months ending January 31, 2026, same-store sales increased by 4.3% compared to the same period last year [6] - Units sold increased by 2.9% year-over-year but decreased by 2.2% compared to December 2025 [6] - Baskets per store increased by 0.3% year-over-year but decreased by 4.6% compared to December 2025 [6] Market Dynamics - The NRS retail network included approximately 38,900 active terminals across 33,500 independent retailers, primarily serving urban consumers [2] - Sales across Spirits remained resilient, with Ready-to-Drink (RTD) Spirits performing particularly well, and Frozen Novelties saw double-digit growth year-over-year despite adverse weather conditions [8] - Raleigh-Durham emerged as a top-performing market area, while New York showed weaker performance, highlighting regional disparities in sales [9] Transaction Data - NRS processed $2.0 billion in sales during January 2026, representing a 16% year-over-year increase across 130 million transactions [13] - Same-store data comparisons for January 2026 were based on approximately 207 million transactions from about 24,700 stores [11]

Core Insights - The average price for the top 500 items in December 2025 increased by 2.3% year-over-year, a slight decrease from the 3.1% increase in November 2025 [15] - Same-store sales rose by 4.5% year-over-year in December 2025, compared to a 3.8% increase in November 2025 [5][8] - Units sold increased by 1.7% year-over-year in December 2025, while transactions per store decreased by 0.5% year-over-year [6][8] Sales Performance - Same-store sales increased by 1.2% compared to November 2025, following a decrease of 0.7% from October 2025 [6] - For the three months ending December 31, 2025, same-store sales increased by 4.2% compared to the same period a year ago [6] - The NRS POS terminals processed $2.2 billion in sales during December 2025, reflecting a 15% year-over-year increase [12] Transaction Data - Approximately 217 million transactions were processed in December 2025 across about 24,300 stores, with 266 million transactions processed in November 2025 across approximately 32,200 stores [10] - Baskets (transactions) per store decreased by 0.5% year-over-year in December 2025, and by 3.0% compared to November 2025 [6][15] Market Trends - The increase in sales was driven by larger basket sizes and strong performance in specific categories such as cigarettes, prepared cocktails, and energy drinks [8][9] - The NRS retail network included approximately 38,700 active terminals serving around 33,200 independent retailers, primarily in urban areas [2]

Revenue Growth - National Retail Solutions (NRS) revenue increased by 22.0% to $37.1 million for the three months ended October 31, 2025, compared to $30.4 million in the same period of 2024[120] - Recurring revenue for NRS grew by 22.1% to $35.3 million, driven by the expansion of the retailer network and increased adoption of premium software services[121] - Fintech segment revenue increased by 15.1% to $42.7 million, with BOSS Money revenue rising by 13.6% to $38.3 million[126] - Total revenues for the three months ended October 31, 2025, increased to $23.4 million, up 8.3% from $21.6 million in the same period of 2024[1] - Subscription revenues rose to $23.0 million, reflecting a 9.5% increase from $21.0 million year-over-year[1] - Revenues from the Traditional Communications segment slightly decreased to $219.5 million, down 0.5% from $220.5 million in the same period of 2024[1] - IDT Digital Payments revenue grew by 1.9% to $107.1 million, while BOSS Revolution revenue declined by 17.3% to $47.0 million[1] Operational Performance - Active POS terminals increased by 14.5% to 37.9 thousand, while payment processing accounts rose by 20.3% to 27.3 thousand[121] - Income from operations for the Fintech segment surged by 98.7% to $6.4 million, up from $3.2 million in the prior year[126] - Income from operations improved significantly to $1.9 million, an 88.7% increase from $1.0 million in the same quarter of 2024[1] - The gross margin percentage increased to 79.8%, up from 79.0% in the previous year[1] - Gross margin for BOSS Money improved to 59.7%, up from 58.2% in the previous year[126] Expenses and Financial Management - Selling, general and administrative expenses for NRS decreased as a percentage of revenue to 59.0% from 62.6% year-over-year[123] - Selling, general and administrative expenses as a percentage of revenues decreased to 58.6% from 60.8% year-over-year[1] - Stock-based compensation expense rose to $2.0 million from $0.9 million in the prior year, reflecting increased expenses related to long-term incentive programs[1] - Technology and development expenses for NRS increased due to ongoing investments in premium software services[124] Cash Flow and Capital Expenditures - For the three months ended October 31, 2025, net cash used in operating activities was $10.1 million, compared to a cash inflow of $0.2 million in the same period of 2024[157][158] - The company deployed $5.3 million for capital expenditures during the three months ended October 31, 2025, and anticipates total capital expenditures of $20 million to $22 million for the twelve-month period ending October 31, 2026[165] - Customer fund deposits increased by $10.2 million during the three months ended October 31, 2025, reflecting balances held on behalf of customers across various programs[161] - The company paid cash dividends of $1.5 million during the three months ended October 31, 2025, with a declared cash dividend of $0.06 per share payable on December 23, 2025[169] - The company repurchased 158,424 shares of Class B common stock for an aggregate purchase price of $7.6 million during the three months ended October 31, 2025[171] Strategic Outlook - The net2phone segment represented 7.3% of total revenues, contributing to the company's overall growth strategy[130] - The company anticipates federal cash taxes liability to approximate 21% of estimated full-year pretax income starting with fiscal 2026[164] - The company is considering strategic investments and acquisitions to expand and enter new businesses, although there is no guarantee of successful opportunities[174] International Operations - Revenues from international operations accounted for 21% of consolidated revenues for both the three months ended October 31, 2025, and 2024[175] - The value of the company's debt and equity security holdings was $35.4 million as of October 31, 2025, representing 5% of total assets[176][177]

Core Viewpoint - IDT Corporation reported solid first-quarter fiscal 2026 results, with significant year-over-year growth in revenue, income, and profitability metrics, despite a recent decline in stock performance compared to the S&P 500 Index. Financial Performance - Revenue increased by 4.3% year over year to $322.8 million from $309.6 million [2] - Income from operations rose 30.8% to $30.9 million from $23.6 million [2] - Net income attributable to IDT grew 29.6% to $22.4 million from $17.2 million [2] - GAAP earnings per share (EPS) improved 30.9% to $0.89 from $0.68 [2] - Non-GAAP diluted EPS advanced 32.4% to $0.94 from $0.71 [2] Profitability Metrics - Gross profit climbed 9.8% to $118.2 million from $107.6 million [3] - Gross margin expanded by 180 basis points to 36.6% from 34.8% [3] - Adjusted EBITDA increased by 26% to $37.9 million from $30 million [3] Segment Performance - **National Retail Solutions (NRS)**: Revenue increased 22% year over year to $37.1 million from $30.4 million, with recurring revenue reaching $35.3 million, up 22% [4] - **Fintech**: Total segment revenue grew 15% to $42.7 million from $37.1 million, with digital send volume increasing 34% year over year [5] - **net2phone**: Subscription revenue increased 10% to $23.0 million from $21 million, supported by a 7% rise in seats [6] - **Traditional Communications**: Revenue declined 0.5% to $219.5 million from $220.5 million, but income from operations increased 1% to $15.8 million [7] Key Business Metrics - Digital transactions from BOSS Money accounted for 84% of total transactions, growing 22% year over year [8] - Active POS terminals at NRS expanded by 4,800 year over year to 37,900 [4] Management Commentary - Management emphasized the importance of higher-margin growth segments (NRS, Fintech, net2phone) in enhancing consolidated profitability [10] - The CEO highlighted the rollout of premium NRS services as a driver of recurring revenue growth [10] - In Fintech, leadership expects digital outperformance to widen due to upcoming federal excise tax on cash remittances [11] Factors Influencing Performance - Higher gross profit and margin expansion attributed to a shift towards growth segments with higher margins [12] - Fintech profitability gains supported by operating leverage and lower costs [12] Cash Flow and Guidance - Cash flow from operations was negative due to working-capital timing [13] - IDT maintained its full-year fiscal 2026 adjusted EBITDA guidance of $141 million to $145 million, implying 7%-10% growth compared to fiscal 2025 [14] Other Developments - No acquisitions or restructuring actions were announced; the company repurchased 158,000 shares for $7.6 million and declared a quarterly dividend of $0.06 per share [15]

Core Insights - The average price for the top 500 items in November 2025 increased by 3.1% year-over-year, slightly up from 3.0% in October 2025 [6][9] - Same-store sales rose by 3.8% year-over-year in November 2025, but decreased by 0.7% compared to October 2025 [5][6] - The NRS retail network processed $2.07 billion in sales during November 2025, marking a 14% increase year-over-year [12] Sales Performance - Same-store sales increased by 3.8% year-over-year in November 2025, compared to a 5.7% increase in October 2025 [5] - For the three months ending November 30, 2025, same-store sales rose by 4.6% compared to the same period a year ago [6] - Units sold increased by 0.9% year-over-year in November 2025, but decreased by 0.9% compared to October 2025 [6] Transaction Metrics - The number of baskets (transactions) per store decreased by 0.9% year-over-year in November 2025 and by 3.7% compared to October 2025 [6] - The NRS network comprised approximately 38,000 active terminals across about 32,900 independent retailers, primarily serving urban consumers [2] Market Commentary - The growth in sales was attributed to strong performance in key convenience categories such as cigarettes, ready-to-drink cocktails, smokeless tobacco, and energy beverages [8] - The measure of inflation in November reached 3.1%, the highest level for the year, indicating resilience in everyday convenience spending [9]

Group 1 - IDT Corporation reported strong Q1 FY26 results, particularly in its growth businesses, while its traditional communications segment demonstrated impressive earnings stability [1] - The management did not raise the full year guidance, but the company is expected to comfortably exceed previous expectations [1] Group 2 - The article highlights the focus on undercovered companies, with an emphasis on sectors such as technology, software, electronics, and energy transition [1]

Core Insights - IDT Corporation reported strong Q1 FY26 results, particularly in its growth businesses, while also demonstrating earnings stability in its traditional communications segment [1] - Management did not raise full year guidance, but the company is expected to comfortably exceed previous performance expectations [1] Financial Performance - The Q1 FY26 results indicate robust performance across growth sectors, contributing to overall financial health [1] - The traditional communications segment is showing impressive earnings stability, suggesting a balanced portfolio [1] Management Outlook - Despite strong results, management opted not to adjust the full year guidance, indicating a cautious approach to future projections [1] - The company is on track to exceed prior performance expectations, reflecting confidence in ongoing operations [1]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]