IDT Corporation (IDT) delivered adjusted earnings per share (EPS) of 38 cents in the third quarter of fiscal 2024, down 17.4% year over year. GAAP EPS for the quarter was 22 cents, reflecting a decline of 18.5% from the year-ago figure. Revenues in Detail IDT registered revenues of $299.6 million in the fiscal third quarter, up 0.1% year over year. Robust performances by the majority of the segments drove the topline. Segment Details IDT's operations consist of four business segments — National Retail Solut ...

Company Participants Good evening, and welcome to the IDT Corporation's Third Quarter Fiscal Year 2024 Earnings Call. In today's presentation, IDT's management will discuss IDT's financial and operational results for the three month period ended April 30, 2024. During remarks by IDT's Chief Executive Officer, Shmuel Jonas, all participants will be in a listen-only mode. [Operator Instructions] After Mr. Jonas's remarks, Marcelo Fischer, IDT's Chief Financial Officer will join Mr. Jonas for Q&A. I will now t ...

Exhibit 99.1 IDT Corporation Reports Third Quarter Fiscal Year 2024 Results NRS: Recurring Revenue Up 45%; Income from Operations Up 129%, Adjusted EBITDA Up 108% net2phone: Subscription Revenue Up 17%; Income from Operations Up 226%; Adjusted EBITDA Up 107% BOSS Money: Transactions Up 44%; Revenue Up 42% -- Fintech Segment Adjusted EBITDA Turns Positive NEWARK, NJ — June 5, 2024: IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today ...

NRS: Recurring Revenue* Up 45%; Income from Operations Up 129%, Adjusted EBITDA** Up 108% net2phone: Subscription Revenue* Up 17%; Income from Operations Up 226%; Adjusted EBITDA Up 107% BOSS Money: Transactions Up 44%; Revenue Up 42% -- Fintech Segment Adjusted EBITDA Turns Positive NEWARK, NJ, June 05, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for the third quarter of its fiscal ...

NRS: Recurring Revenue* Up 45%; Income from Operations Up 129%, Adjusted EBITDA** Up 108% net2phone: Subscription Revenue* Up 17%; Income from Operations Up 226%; Adjusted EBITDA Up 107% BOSS Money: Transactions Up 44%; Revenue Up 42% -- Fintech Segment Adjusted EBITDA Turns Positive NEWARK, NJ, June 05, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for the third quarter of its fiscal ...

Newark, NJ, June 04, 2024 (GLOBE NEWSWIRE) -- BOSS Money, the remittance and payments brand of IDT Corporation (NYSE:IDT), today announced several significant initiatives to expand its popular money transfer service, including remittances within the United States. BOSS Money's new domestic money transfer solution enables customers in the U.S., using the popular BOSS Money or BOSS Revolution apps, to send money to their recipients' U.S.-issued Visa or Mastercard-branded bank or reloadable debit cards. In mos ...

NEWARK, NJ, May 20, 2024 (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 of its fiscal year 2024 (the three months ended April 30, 2024) on Wednesday, June 5, 2024. Contact: Bill Ulrey IDT Investor Relations Phone: (973) 438-3838 E-mail: invest@idt.net ### A replay of the conference call will be available approximately three hours ...

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; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center ...

Remittances Around Mother's Day Increased by 46%* Over Last Year Newark, NJ, May 15, 2024 (GLOBE NEWSWIRE) -- BOSS Money, the international money remittance service of IDT Corporation (NYSE:IDT), today announced that its customers sent a record number of transfers during the week leading up to Mother's Day, on May 12, 2024. "Mother's Day is always an exciting time for BOSS Money, as we help our customers celebrate their mom and show their love by sending a gift she will appreciate," said Michelle Rendo, Bos ...

April same-store sales increased 2.5% year-over-year Inflationary pressures subsided further - average prices increased just 0.2% year-over-year The NRS network surpassed 30,000 active terminals nationwide NEWARK, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative same-store sales results for April 2024. As of April 30, 2024, ...