IDT Stock Up Following Q4 Earnings Uptick, Gross Margin Expands

IDT Corporation (IDT) delivered adjusted earnings per share (EPS) of 57 cents in the fourth quarter of fiscal 2024, up 58.3% year over year. GAAP EPS for the quarter was $1.45, reflecting a surge of 367.7% from the year-ago figure. Full-year fiscal 2024 adjusted EPS was $1.95, reflecting a 4.8% uptick from the comparable fiscal 2023 period. IDT's Revenues in Detail IDT registered revenues of $308.8 million in the fiscal fourth quarter, up 1.7% year over year. Robust performances by National Retail Solutions ...