Core Viewpoint - IDT Corporation reported strong financial performance for the third quarter of fiscal 2025, with significant increases in revenues, gross profit, and earnings per share, outperforming the S&P 500 index during the same period [1][2][3]. Financial Performance Summary - Consolidated revenues increased by 0.8% year over year to $301.9 million from $299.6 million [2] - Gross profit rose by 15.4% to $111.9 million from $97 million, resulting in a gross margin increase of 470 basis points to a record 37.1% [2] - Income from operations surged by 132.6% to $26.6 million from $11.4 million, while adjusted EBITDA increased by 57% to $32.2 million from $20.6 million [2] Earnings Per Share - GAAP earnings per share (EPS) climbed by 290.9% to $0.86 from $0.22, and adjusted EPS surged by 136.8% to $0.90 from $0.38 [3] Segment Performance - National Retail Solutions (NRS) revenues increased by 21.1% to $31.1 million from $25.7 million [3] - Fintech revenues advanced by 22.5% to $38.6 million from $31.5 million [3] - net2phone revenues grew by 6.4% to $21.9 million from $20.7 million [3] - Traditional Communications segment saw a revenue decline of 5.2% to $210.2 million from $221.7 million [3] NRS Segment Insights - Recurring revenue at NRS rose by 22.9% to $29.4 million from $24 million, driven by a 37.3% increase in Merchant Services and a 32.8% gain in SaaS fees [4] - Advertising and Data revenue declined by 12.3% due to risk-mitigation steps related to a large programmatic partner [4] - NRS ended the quarter with 35,600 active POS terminals, up 17.6% from the previous year [4] Fintech Segment Insights - In the Fintech segment, transactions rose by 27% to $6 million from $4.7 million, with revenues growing by 24.7% to $34.4 million from $27.6 million [5] - Digital channel growth outpaced retail, with a 32% increase in transactions and a 40% surge in digital send volume [5] net2phone Performance - Subscription revenue for net2phone increased by 7.4% to $21.5 million from $20 million [6] - Income from operations rose by 188% to $1.4 million from $0.5 million [6] Traditional Communications Insights - Despite a revenue decline, gross profit increased by 5.3% to $43.4 million from $41.2 million [7] - Income from operations grew by 39.2% to $17.3 million from $12.5 million [7] Key Business Metrics - The gross margin of 37.1% was a record high, reflecting strong product mix and operational efficiencies [8] - Operating cash flow for the quarter was $75.7 million compared to $9.5 million in the year-ago period [8] Management Commentary - CEO Shmuel Jonas characterized the quarter as "solid," emphasizing broad-based bottom-line growth [9] - Management highlighted product innovation efforts at NRS and the potential of new AI-powered offerings in net2phone [10][11] Factors Influencing Performance - Growth in recurring revenue streams and expanding customer bases drove strong top-line and profitability gains [12] - Cost discipline was a key theme in net2phone and Traditional Communications, contributing to significant margin expansion [13] Guidance and Developments - Management reiterated its full-year fiscal 2025 guidance, aiming to double first-half adjusted EBITDA to reach $126 million [14] - IDT executed share repurchases and acquired a small technology company named Lucci [15] - A quarterly dividend of $0.06 per share was declared, payable on June 18, 2025 [16]

Core Insights - Alpha Modus Holdings, Inc. has appointed Tim Matthews as Head of Deployment Strategy to lead the expansion of its CashX kiosk network, which aims to digitize the retail cash experience and integrate with crypto-enabled financial services [1][3][4] Company Overview - Alpha Modus is a leader in AI-driven retail technology and real-time consumer intelligence, focusing on innovation and advanced AI to enhance retail decision-making [7] - The company has a strong intellectual property portfolio and is positioned at the forefront of the AI retail revolution [7] Strategic Developments - The appointment of Tim Matthews is seen as crucial for meeting the growing demand for CashX kiosks, with a focus on operational discipline and user-centricity as the network scales [4][5] - Matthews brings nearly two decades of experience in performance marketing, digital transformation, and go-to-market execution, which aligns with the company's strategic goals [4][5] Financial Alignment - Matthews' compensation includes base pay, equity incentives, and profit-sharing from CashX sales, aligning his interests with shareholder value [6]

Core Viewpoint - Alpha Modus Holdings, Inc. is enhancing its capital structure by converting Series C Preferred Stock into Class A Common Stock, which is expected to increase shareholder equity by $31 million [1][2][3] Group 1: Financial Impact - The transaction will remove approximately $31 million in preferred equity obligations from the mezzanine section of the balance sheet, improving long-term solvency metrics and reducing perceived risk [2][8] - The conversion will increase common stock by 26,515,152 shares and $2,651, while additional paid-in capital will rise by $31,148,742, boosting the company's permanent equity base [8] Group 2: Strategic Implications - The move is described as a structural upgrade that aligns the interests of the CEO's family with common shareholders, signaling a commitment to growth rather than debt [3][8] - By reducing mezzanine equity and increasing common equity, the company aims to enhance its attractiveness to institutional investors and improve investor transparency [8] Group 3: Company Mission - Alpha Modus remains focused on driving shareholder value through patent enforcement, AI technology adoption, and strategic expansion in the retail innovation sector [4]

CORNELIUS, N.C., June 02, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), an emerging leader in AI-driven retail technology, that Company CEO William Alessi and Chief Sales Officer Chris Chumas has been invited to present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, on Wednesday, June 4th at 3:30p.m. EDT Alpha Modus will be taking part in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow.” T ...

Core Viewpoint - Alpha Modus Holdings, Inc. announced a significant exchange of 3.2 million shares of Series C Preferred Stock for 26,079,868 shares of Class A Common Stock, indicating strong confidence in the company's future and reducing preferred equity [1][2][3] Group 1: Shareholder Impact - The exchange will eliminate key stock price downside protections associated with the preferred stock, benefiting common shareholders by reducing potential future dilution [3][8] - The Alessi family retains a portion of their preferred holdings, demonstrating alignment with common shareholders and a commitment to the company's long-term success [2][5] - The transaction enhances the market value of listed securities, aiding compliance with NASDAQ's continued listing requirements [4] Group 2: CEO's Perspective - CEO William Alessi emphasized that the exchange represents a $32 million stake in preferred stock, showcasing a belief that Alpha Modus is undervalued and that the path forward should reward long-term common shareholders [3][5] - By agreeing to a lock-up until June 2026, the Alessi family signals strong conviction in the company's growth prospects and a belief that current pricing does not reflect its underlying value [5] Group 3: Financial Implications - The removal of liquidation preferences and redemption rights on the exchanged preferred shares is expected to provide increased residual value to other common shareholders [8] - The exchange fixes the terms based on current market valuation, mitigating risks associated with future stock price declines [3][8]

Core Viewpoint - Diebold Nixdorf has established a new retail technology production line in North Canton, Ohio, enhancing its U.S.-based manufacturing capabilities to ensure continuity and localized delivery for domestic customers [1][2]. Group 1: Production Capabilities - The new retail technology line at the North Canton facility is part of Diebold Nixdorf's strategy to improve its supply chain management and manufacturing processes, providing quality and responsiveness to domestic retailers [3]. - The production range includes self-ordering kiosks and self-service checkout solutions, particularly aimed at the Grocery and General Merchandise sectors [5]. Group 2: Strategic Partnerships - Diebold Nixdorf is currently manufacturing self-ordering kiosks for Tillster, a strategic partner in the Quick Service Restaurant (QSR) sector, serving major customers including multiple Top 20 QSR chains [4]. Group 3: Executive Insights - The CEO of Tillster highlighted that Diebold Nixdorf's in-house manufacturing allows for quick adaptation to customer demands and enhances supply chain reliability and flexibility [5]. - Ilhami Cantadurucu, Executive Vice President of Global Retail at Diebold Nixdorf, emphasized the importance of local manufacturing for meeting growth objectives and customer needs in the current macroeconomic environment [6]. Group 4: Company Overview - Diebold Nixdorf automates and transforms banking and shopping experiences, partnering with many of the world's top financial institutions and retailers, and operates in over 100 countries with approximately 21,000 employees [7].

Group 1 - Diebold Nixdorf will participate in the D.A. Davidson Technology and Consumer Conference on June 10, 2025, with a fireside chat scheduled for 9:00 a.m. ET [1] - The company will also host investor meetings on the same day at the D.A. Davidson conference [1] - An additional presentation and Q&A session will take place at the East Coast Ideas Conference on June 11, 2025, at 2:00 p.m. ET [2] Group 2 - Diebold Nixdorf is a leader in automating, digitizing, and transforming banking and shopping experiences [3] - The company partners with the majority of the world's top 100 financial institutions and top 25 global retailers [3] - Diebold Nixdorf operates in over 100 countries and employs approximately 21,000 people globally [3]

"The synergy between our physical retail infrastructure and blockchain-based financial systems presents a unique competitive edge," Alessi added. "Our CashX™ machines are not just retail enablers—they are becoming gateways to the future of decentralized finance. This dual functionality enhances utility for our partners and unlocks new revenue streams for Alpha Modus." In light of the company's crypto-forward strategy, Alpha Modus has been approached by several prominent investment banks offering credit faci ...

Core Insights - MedX Holdings, Inc. reported record revenue for Q1 2025, with revenue more than tripling year-over-year, driven by expanded retail activity and increased consumer demand [2][3] - The company is raising $10 million through a convertible note offering to support growth initiatives, including capital expenditures and flagship retail property acquisitions [3] - MedX is launching an AI-driven commerce initiative to enhance customer experience and streamline operations across its Lazydaze locations [4] Financial Performance - For Q1 2025, MedX Holdings achieved its strongest financial performance to date, with significant improvements in gross margins and operational efficiency [2] - Net income reached a new high, indicating a turnaround in profitability, while total stockholders' equity increased and liabilities were reduced [2] Strategic Developments - The company is co-developing a customizable point-of-sale system for cannabis retail environments, ensuring compliance with state regulations [5] - MedX is pursuing licensing and partnerships to establish a consumption lounge in Las Vegas and has plans for hemp pre-roll manufacturing in Albuquerque, New Mexico [6] - A new franchise location has been opened near the University of Texas in Austin, Texas [6] Technology and Innovation - The AI-driven commerce initiative includes mobile vending machines and AI Budtender and Barista agents to improve user experience [4] - The new point-of-sale system will be offered to other cannabis operators nationwide, bundled with secure payment processing solutions [5] Leadership Perspective - CEO Hans Enriquez emphasized the company's commitment to executing its business model effectively, focusing on sales growth, franchise expansion, and technological advancements [7]

CORNELIUS, N.C., May 05, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD), a leader in AI-driven retail technology and intellectual property monetization, today announced that its wholly owned subsidiary, Alpha Modus, Corp., has reached a confidential settlement with The Kroger Co. in its ongoing patent litigation involving Alpha Modus's proprietary technologies. The lawsuit, originally filed in the United States District Court for the Eastern District of Texas, centered on the alleged inf ...