secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001493152-23-020122
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Q3 FY2023 EPS $0.27, revenue $299M; fintech and cloud segments grow strongly
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- EPS up 50% to $0.27; Non-GAAP EPS $0.46 vs $0.22 prior year.
- Revenue $299M (-9% YoY); direct cost of revenue fell 15% to $210M.
- NRS active terminals 23,900 (+1,600 net); recurring revenue +65% to $16.5M.
- net2phone subscription revenue +20% to $17.1M; seats ~340,000.
- BOSS Money remittance revenue +29% to $19.4M; transactions +38% to 3.28M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223020122/0001493152-23-020122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223020122/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-020122

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