secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001493152-23-007011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Q2 fiscal 2023 EPS surges to $0.57 from $0.28; NRS recurring revenue up 103%
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- Revenue down 7% to $314M, but income from operations up 32% to $18.2M.
- Net income attributable to IDT $14.6M vs $7.5M; Non-GAAP EPS $0.62 vs $0.30.
- NRS recurring revenue $18.3M (+103%); active POS terminals up record 1,600 to ~22,400.
- BOSS Money remittance revenue $17.6M (+47%); net2phone subscription revenue $16.3M (+30%).
- Consolidated Adjusted EBITDA increased 25% to $23.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223007011/0001493152-23-007011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223007011/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-007011

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