secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001493152-24-040449
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT reports record Q4 Adj. EBITDA $25.2M (+40% YoY); GAAP EPS $1.45 vs $0.31
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- Net income attributable to IDT $42.0M ($1.45 diluted EPS) vs $8.0M ($0.31) in Q4 last year; Non-GAAP EPS $0.57 vs $0.36.
- NRS revenue +42% to $28.2M, added 1,800 net terminals; recurring revenue +42% to $26.7M.
- BOSS Money transactions +42% to 5.4M, revenue +41% to $31.5M; Fintech first positive cash-flow quarter.
- net2phone added ~12k seats, subscription rev +15% to $20.5M; operating margin improved to +4% from -4% YoY.
- Consolidated net cash from ops $28.9M in Q4; $193M cash, no debt; repurchased 94,314 shares for $3.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224040449/0001493152-24-040449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315224040449/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-040449

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