IDT CORP

IDT's BOSS Money app has been ranked #1 for customer satisfaction among digital money transfer providers by FXC Intelligence for the second consecutive year. The app achieved a 4.9 out of 5.0 average customer rating across Apple's App Store and Google's Play Store, a score unmatched by competitors. This success is attributed to its speed, simplicity, value, and reliability, with the company emphasizing security and customer feedback. BOSS Money is also offering promotional incentives for new users, including $0 fees on initial transactions to various countries.

IDT's subsidiary, NRSInsights, reported that June 2026 same-store sales increased 3.4% year-over-year, a slower rate than the previous month. While units sold decreased 1.5% and baskets per store decreased 0.4%, the average price for the top 500 items saw a lower increase of 1.3% year-over-year, indicating a sharp drop in inflation compared to May. The NRS network, comprising about 34,500 independent retailers, processed $2.3 billion in sales during June.

IDT Corporation announced changes to its board of directors. Irwin Katsof resigned from the Board and its committees on June 9, 2026, a departure not due to any disagreement with the company. Concurrently, William Conkling was appointed to the Board, effective June 9, 2026. Mr. Conkling is deemed independent and is expected to chair the Audit Committee, serve as the Audit Committee Financial Expert, and join the Compensation and Corporate Governance Committees.

IDT Corporation announced its participation in the East Coast IDEAS Investor Conference on Thursday, June 11, 2026, at the Westin Times Square in New York. CFO Marcelo Fischer and VP Investor Relations Bill Ulrey will provide an overview of the company's operations, strategy, and financial results through the third quarter of fiscal year 2026. The presentation will be webcast, and Mr. Fischer will also host one-on-one investor meetings.

IDT Corporation reported its third-quarter results, with revenue increasing by 4.9% to $315.7 million compared to the same period last year. Net income attributable to the company was $21.6 million, resulting in diluted earnings per share of $0.87, largely in line with the previous year. The company also announced the completion of an acquisition of Oncore Digital, Inc. for approximately $4.8 million, which is expected to integrate with its NRS segment. All four business segments, NRS, Fintech, net2phone, and Traditional Communications, saw revenue increases for the quarter.

IDT Corporation announced its third quarter fiscal year 2026 results, reporting a 5% increase in revenue to $315.7 million and a 9% rise in gross profit to $122.5 million. The company saw significant growth in its high-margin businesses, with income from operations increasing by 12% and Adjusted EBITDA by 13%. The NRS, Fintech, and net2phone segments all reported substantial year-over-year increases in income from operations. IDT also raised its full-year fiscal 2026 Adjusted EBITDA guidance to $150-$152 million.

IDT Corporation announced strong third quarter fiscal year 2026 results, with consolidated revenue up 5% to $315.7 million and gross profit up 9% to $122.5 million. The company also raised its full-year 2026 Adjusted EBITDA guidance to $150-$152 million. Growth was driven by significant increases in income from operations across its key segments: net2phone (up 76%), NRS (up 33%), and Fintech (up 29%). The company also declared a quarterly cash dividend of $0.07 per share.

IDT's subsidiary, NRSInsights, reported a 4.0% year-over-year increase in comparative retail same-store sales for May 2026. Units sold also saw a modest increase of 0.5% year-over-year, while the average price for the top 500 items rose by 2.3%. Despite a slight decrease in baskets (transactions) per store, the company noted steady growth, particularly in hydration and refreshment categories, with strong regional performance in the Upper Midwest and Northeast.

IDT Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share. This dividend is scheduled to be paid on June 18, 2026, to all stockholders who are on record as of June 9, 2026.

IDT Corporation has scheduled its report of financial and operational results for the third quarter fiscal year 2026 for Wednesday, June 3, 2026. The earnings release will be issued at approximately 4:30 PM Eastern, followed by an earnings conference call at 5:30 PM Eastern. Management will discuss the results and host a Q&A session with investors.