---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-015739"
form_type: "8-K"
ticker: "IDT"
cik: "0001005731"
company_name: "IDT CORP"
filed_at: "2022-06-02T23:59:59+00:00"
generated_at: "2026-06-25T04:59:04.732733+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IDT Q3 FY22 revenue $328M (-12% YoY); high-growth segments offset legacy comms decline

## Summary
- Consolidated revenue $328M, down 12.2% YoY; net income $4.8M ($0.18 EPS) vs $36.3M ($1.39) on investment losses and tax reversals.
- Adjusted EBITDA rose to $18.0M from $17.9M; Non-GAAP EPS $0.23 vs $0.47.
- Fintech revenue +62% to $26.9M; NRS recurring revenue +102% to $10.0M, active terminals 17,900; BOSS Money revenue +51.5% to $15.5M.
- net2phone subscription revenue +42% to $14.2M, seats 279,000 (+33%); spin-off postponed due to market conditions.
- Traditional Communications revenue -17% to $285.9M; segment op income $17.4M vs $20.4M as voice demand recedes.

## SEC filing metadata
- accession: 0001493152-22-015739
- form_type: 8-K
- ticker: IDT
- cik: 0001005731
- company_name: IDT CORP
- filed_at: 2022-06-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005731/000149315222015739/0001493152-22-015739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005731/000149315222015739/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-015739
- JSON: https://secwatch.observer/filing/0001493152-22-015739.json
- Plain text: https://secwatch.observer/filing/0001493152-22-015739.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.