secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001493152-24-009070
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Q2 EPS $0.57 flat YoY; initiates $0.05 quarterly dividend; NRS terminals up 28%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224009070/0001493152-24-009070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224009070/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-009070

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