earnings
confidence high
sentiment neutral
materiality 0.70
IDT Q2 EPS $0.57 flat YoY; initiates $0.05 quarterly dividend; NRS terminals up 28%
IDT CORP
2024-Q2 EPS reported
$0.87
revenue$597,302,000
- GAAP EPS $0.57 (unchanged YoY); Non-GAAP EPS $0.67 vs $0.62; revenue $296M (-6% YoY).
- Record gross profit $97M (+8% YoY); gross margin 32.9% (+410 bps).
- NRS added 1,500 net POS terminals to 28,700; recurring revenue +30% to $23.9M.
- BOSS Money revenue +42% to $25.0M; remittance volume +37% to 4.2M transactions.
- Board initiates quarterly dividend of $0.05/share; payable March 27, record March 19; cash $177.6M, no debt.