secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001493152-23-037053
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Q4 net income down 54% to $8.0M; revenue falls 8% to $304M
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- Q4 EPS $0.31 vs $0.66 prior year; Non-GAAP EPS $0.36 vs $0.67.
- NRS added 1,700+ POS terminals; recurring revenue up 6% to $18.8M.
- net2phone added 12,000 seats; subscription revenue up 19% to $17.9M.
- BOSS Money transactions up 42% to 3.79M; revenue up 36% to $22.3M.
- IDT repurchased 231,416 shares for $5.6M in Q4; $13.1M in FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223037053/0001493152-23-037053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315223037053/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037053

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