secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001493152-24-022758
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Q3 FY2024: NRS recurring revenue +45%, Fintech Adj EBITDA turns positive, EPS $0.22
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- NRS added 1,600 net terminals to 30,300; recurring revenue $24.0M (+45% YoY).
- net2phone added 9,000 seats to 384,000; subscription revenue $20.0M (+17% YoY).
- BOSS Money transactions 4.7M (+44%), revenue $27.6M (+42%); Fintech segment posts first positive Adj EBITDA.
- Consolidated revenue $299.6M (flat); gross profit record $97.0M, margin 32.4% (+310 bps).
- GAAP EPS $0.22 vs $0.27; Non-GAAP EPS $0.38 vs $0.46; repurchased 68,846 shares for $2.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224022758/0001493152-24-022758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224022758/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-022758

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