Stock events for IDT Corp. (IDT)
IDT Corp.'s stock has been impacted by several earnings reports. In Q4 Fiscal Year 2024, the company reported a 368% jump in GAAP EPS and a 2% increase in revenue. In Q1 Fiscal Year 2025, IDT reported consolidated revenues up 2.8% year over year, with net income soaring 125.2%. In Q2 Fiscal Year 2025, IDT reported strong results, with NRS and BOSS Money leading growth. In Q3 Fiscal Year 2025, IDT reported revenue growth, higher adjusted EBITDA, and EPS growth. In Q4 Fiscal Year 2025, IDT reported a 3% increase in consolidated revenue and repurchased shares of IDT Class B common stock.
Demand Seasonality affecting IDT Corp.’s stock price
Demand for IDT Corp.'s products and services exhibits some seasonality. The addition of new POS terminals has been aided by summer seasonal factors. The money transfer business experiences heightened activity around holidays, particularly in November. The company's Q3 results were slightly softer than the second quarter due to expected seasonal factors.
Overview of IDT Corp.’s business
IDT Corp. operates in the telecommunications and financial services sectors. It provides a point-of-sale network for retailers through National Retail Solutions (NRS), facilitates international money remittance via Fintech (BOSS Money), offers cloud communications services through net2phone, and provides international calling and wholesale carrier services via Traditional Communications.
IDT’s Geographic footprint
IDT Corp. has a significant global presence, operating across six continents and serving customers in over 100 countries.
IDT Corporate Image Assessment
IDT Corp. has been recognized for its innovative solutions and reliable services. General media sentiment is balanced to slightly negative, but no major events have significantly impacted its brand reputation. Consistent financial performance contributes to its market perception.
Ownership
Insiders hold 19.47% of IDT Corp.'s shares, mutual funds hold 14.95%, other institutional investors hold 0.01%, and public companies and individual investors hold 51.41%. Howard S. Jonas is a significant individual owner. Top institutional holders include Dimensional Fund Advisors LP, State Street Global Advisors, Inc., Geode Capital Management, LLC, and Kahn Brothers Advisors LLC.
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$51.12