---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048680"
form_type: "8-K"
ticker: "IDT"
cik: "0001005731"
company_name: "IDT CORP"
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T07:57:32.946954+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IDT reports record Q1: Adj EBITDA $29.1M (+31%), GAAP EPS $0.68 (+127%)

## Summary
- GAAP EPS $0.68 (up from $0.30); Non-GAAP EPS $0.71 (up from $0.32).
- Revenue +3% to $309.6M; gross profit margin expanded 360bps to 34.8%.
- Fintech segment income from operations turned positive at $3.2M vs loss of $1.4M; revenue +40%.
- NRS recurring revenue +29% to $28.9M; net2phone subscription revenue +13% to $21M; seats +11%.
- Cash $180.4M, no debt; repurchased $1.3M in shares in Q1.

## SEC filing metadata
- accession: 0001493152-24-048680
- form_type: 8-K
- ticker: IDT
- cik: 0001005731
- company_name: IDT CORP
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005731/000149315224048680/0001493152-24-048680-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005731/000149315224048680/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048680
- JSON: https://secwatch.observer/filing/0001493152-24-048680.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048680.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.