IDT Stock Rises on Strong Q1 Earnings, Profit and Revenue Grow

Shares of IDT Corporation (IDT) have gained 3.1% since the company reported its earnings for the quarter ended Oct. 31, 2024, outperforming the S&P 500 index’s 0.1% increase over the same period. Over the past month, IDT stock has risen 2.3%, exceeding the S&P 500’s 0.9% gain during the same time frame, highlighting the stock’s favorable relative momentum.For the quarter ended Oct. 31, 2024, IDT reported consolidated revenues of $309.6 million, up 2.8% year over year, driven by growth across key segments su ...