IDT Corporation operates in the communications and payment industries in the United States and internationally. The company operates through two segments, Telecom & Payment Services, and net2phone. The Telecom & Payment Services Services segment offers national retail solutions, such as point of sale network; mobile top-up; and carrier services, as well as an international money remittance service and international long-distance calling service under the BOSS Revolution brand name. The net2phone segment provides Unified Communications as a Service, a cloud communications service for businesses; and cable telephony services under the net2phone brand name. IDT Corporation was founded in 1990 and is headquartered in Newark, New Jersey.
IPO Year:
Exchange: NYSE
Website: idt.net
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Highlights Leading Independent Proxy Advisory Firm ISS Acknowledges the "Limited Case for Change" in Hasbro's Boardroom Notes ISS' Report Outlines Hasbro's Long-Term Issues in Areas Such as Capital Allocation, Disclosures, and Operational and Financial Performance Reducing Slate to Enable Shareholders to Vote on Alta Fox's GOLD Proxy Card to Elect Marcelo Fischer and Replace 19-Year Incumbent Director Edward M. Philip Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQ:HAS) ("Hasbro" or the "Company"), today issued the below letter in connection with its campai
Urges Shareholders to Vote on the GOLD Proxy Card to Elect Alta Fox's Three Highly Qualified and Independent Nominees, Who Collectively Possess Expertise in Corporate Governance, Capital Allocation and Strategic Planning Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the beneficial owner of approximately 2.6% of the outstanding shares of Hasbro, Inc. (NASDAQ:HAS) ("Hasbro" or the "Company"), today issued the below statement in connection with its nomination of three highly qualified and independent candidates – Marcelo Fischer, Rani Hublou and Carolyn Johnson – for election to the Company's Board of Directors (the "Board") at the 2022 Annual Meeting of
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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. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&
NEWARK, NJ, Feb. 29, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the second quarter of its fiscal year 2024 (the three months ended January 31, 2024) on Wednesday, March 6, 2024. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participa
NEWARK, NJ, Nov. 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the first quarter of its fiscal year 2024 (the three months ended October 31, 2023) on Monday, December 4, 2023. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participate in
NEWARK, NJ, Oct. 04, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2023 (the three months and twelve months ended July 31, 2023) on Thursday, October 12, 2023. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and par
NEWARK, NJ, May 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the third quarter of its fiscal year 2023 (the three months ended April 30, 2023) on Monday, June 5, 2023. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participate in t
NEWARK, NJ, Feb. 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the second quarter of its fiscal year 2023 (the three months ended January 31, 2023) on Wednesday, March 8, 2023. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results, outlook, and strategy followed by Q&A with investors. To listen
NEWARK, NJ, Nov. 28, 2022 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the first quarter of its fiscal year 2023 (the three months ended October 31, 2022) on Monday, December 5, 2022. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 5:00 PM Eastern. IDT will host an earnings conference call beginning at 6:00 PM Eastern with management's discussion of results, outlook, and strategy followed by Q&A with investors. To listen to the
NEWARK, NJ , Sept. 21, 2022 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2022 fiscal year (the three and twelve months ended July 31st) on Thursday, October 6, 2022. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results, outlook, and strategy followed by Q&A with inve
NEWARK, NJ, May 18, 2022 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the third quarter of its 2022 fiscal year (the three months ended April 30th) on Thursday, June 2, 2022. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results, outlook, and strategy followed by Q&A with investors. To listen to the call and
Innovative mobile wallet provider utilizes Stellar blockchain-powered solution to serve unbanked communities in East Africa NEWARK, NJ, March 14, 2022 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE:IDT), a global provider of fintech, cloud communications, and traditional communications services, announced today that it has acquired Leaf Global Fintech Corporation (Leaf), an award-winning provider of digital wallet services in emerging markets currently serving unbanked customers in Rwanda, Uganda, and Kenya. "Leaf has built a blockchain-based digital wallet for everyone – including the 2.4 billion people worldwide who use feature phones rather than smartphones – making it easy to se
August same-store sales increased 5.1% year-over-year NEWARK, N.J., Sept. 09, 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 August 2024. As of August 31, 2024, the NRS retail network comprised approximately 32,300 active terminals nationwide, scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. August Retail Same-Store Sales Highlights (Same-store sales
Powerful New Interface Allows net2phone Unite Users to Manage All Communications from One Screen, Making It Easy to Engage Whether in The Office, Working Remotely or On-the-Go Other New Features Include AI-Powered Call Summaries & Transcriptions, and Internal Team Chats Newark, NJ, Aug. 27, 2024 (GLOBE NEWSWIRE) -- net2phone, a leading provider of intelligent communications-as-a-service for businesses and contact centers, today unveiled a bold new interface for its Unite business communications platform while adding AI-powered instant call summaries and transcriptions, and internal team chat. The Unite single-pane-of-glass view enables business users to manage and engage with mult
July same-store sales increased 1.2% year-over-year NEWARK, N.J., Aug. 08, 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 July 2024. As of July 31, 2024, the NRS retail network comprised approximately 32,100 active terminals nationwide, scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. July Retail Same-Store Sales Highlights (Same-store
June same-store sales increased 5.1% year-over-year NEWARK, N.J., July 08, 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 June 2024. As of June 30, 2024, the NRS retail network comprised approximately 31,400 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. June Retail Same-Store Sales Highlights (Same-store sales, unit sales,
May same-store sales increased 4.7% year-over-year NEWARK, N.J., June 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 May 2024. As of May 31, 2024, the NRS retail network comprised approximately 30,800 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco, and sundries sellers nationwide, predominantly serving urban consumers. May Retail Same-Store Sales Highlights (Same-store sales, unit sales, tra
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 most instances, the recipients' card accounts are credited within minutes. Alternatively, senders can use cash to transfer money to their recipient's card from their local authorized BOSS
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. IDT's earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and-media) at approximately 4:30 PM Eastern. IDT will host an earnings conference call beginning at 5:30 PM Eastern with management's discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&
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, Boss Money's VP of Marketing. "BOSS Money generated 46% year-over-year transaction growth and a 41% revenue increase for the week that ended on Mother's Day," Rendo added. "Looking only
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, the NRS retail network comprised approximately 30,300 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stor
March same-store sales jumped 7.2% year-over-year, the highest rate of increase since June 2023 Inflationary pressures remained subdued - average prices increased 0.7% year-over-year NEWARK, N.J., April 08, 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 March 2024. As of March 31, 2024, the NRS retail network comprised approximately 29,800 active terminals scanning purchases at independent retailers including bodegas, convenience stores, liquor stores, grocers, tobacco
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IDT (NYSE:IDT) reported quarterly earnings of $0.38 per share. This is a 17.39 percent decrease over earnings of $0.46 per share from the same period last year. The company reported $299.60 million in sales this quarter. This is a 0.10 percent increase over sales of $299.30 million the same period last year.
As of March 7, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. IDT Corporation (NYSE:IDT) On March 6, IDT posted an increase in EPS for its second q
IDT (NYSE:IDT) reported quarterly earnings of $0.67 per share. This is a 8.06 percent increase over earnings of $0.62 per share from the same period last year. The company reported $296.10 million in sales this quarter. This is a 5.68 percent decrease over sales of $313.94 million the same period last year.
Companies Reporting Before The Bell • CTS (NYSE:CTS) is estimated to report quarterly earnings at $0.14 per share on revenue of $708.85 million. • Foot Locker (NYSE:FL) is likely to report quarterly earnings at $0.32 per share on revenue of $2.28 billion. • JD.com (NASDAQ:JD) is likely to report quarterly earnings at $0.63 per share on revenue of $42.16 billion. • Super Group (SGHC) (NYSE:SGHC) is expected to report quarterly earnings at $0.01 per share on revenue of $326.63 million. • Sotherly Hotels (NASDAQ:SOHO) is projected to report earnings for its fourth quarter. • Thor Industries (NYSE:THO) is estimated to report quarterly earnings at $0.67 per share on revenue of $2.27 billion
WaveMAX Corporation ('WaveMAX'), the pioneer of the world's first shared WiFi network, has relaunched its SharedFi mobile app for users to share and monetize any password-protected WiFi (homespot and/or mobile hotspots) in a revenue share business model with Mobile Virtual Network Operators (MVNO) and other partners. WaveMAX will include Zendit functionality for users to be able to apply revenue share to get mobile top-ups and eSIM (embedded Subscriber Identity Module) from Zendit, a cloud-based prepaid-as-a-service business of IDT Corporation (NYSE:IDT) ('IDT') as part of the initiative just unveiled by Zendit at the Mobile World Congress 2024 (MWC) in Barcelona, Spain.
The company said it is optimistic that net2phone AI and net2phone's forthcoming premium plans will help to drive meaningful ARPU and margin expansion.
IDT (NYSE:IDT) reported quarterly Adj earnings of $0.32 per share. This is a 25.58 percent decrease over earnings of $0.43 per share from the same period last year. The company reported $301.20 million in sales this quarter. This is a 6.40 percent decrease over sales of $321.82 million the same period last year.
Companies Reporting Before The Bell • Fusion Fuel Green (NASDAQ:HTOO) is likely to report quarterly loss at $0.23 per share on revenue of $4.90 million. • Science Applications Intl (NYSE:SAIC) is likely to report quarterly earnings at $1.69 per share on revenue of $1.79 billion. Companies Reporting After The Bell • Culp (NYSE:CULP) is expected to report quarterly loss at $0.22 per share on revenue of $57.80 million. • JOANN (NASDAQ:JOAN) is likely to report quarterly loss at $0.21 per share on revenue of $547.20 million. • GitLab (NASDAQ:GTLB) is projected to report quarterly loss at $0.01 per share on revenue of $141.48 million. • IDT (NYSE:IDT) is projected to report earnings for it
Tori Samples, Senior Product Manager at Stellar Development Foundation will be speaking at the upcoming Benzinga's Future Of Digital Assets. Mark Nov. 14 on your calendar for the must-attend gathering in the industry! The views expressed belong to the author and do not necessarily reflect the views of any organizations they represent. When I started pitching my blockchain-based startup in 2018, I included a sobering statistic to indicate the size of the total addressable market: 68 million people around the world were forcibly displaced at the time. Most of them were under and unbanked, with few financial services available to them. Five years later, that number is almost double. Over 108