secwatch.observer — SEC 8-K summary
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Issuer:     IDT CORP (IDT)
CIK:        0001005731
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001493152-25-009402
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDT Corp reports record Q2: GP +16%, op income +77%, Adj EBITDA +56%; dividend up 20% to $0.06
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- GAAP EPS $0.80 vs $0.57; Non-GAAP EPS $0.84 vs $0.67; revenue $303.3M (+2%), GP $112M (+16%).
- NRS recurring revenue +32% to $31.6M; BOSS Money transactions +36% to 5.7M; net2phone seats +9% to 410k.
- Adj EBITDA +56% to $34.0M; income from operations +77% to $28.3M.
- Quarterly dividend raised 20% to $0.06; repurchased 179k shares for $8.5M in Q2.
- No outstanding debt; cash and equivalents $171.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005731/000149315225009402/0001493152-25-009402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005731/000149315225009402/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-009402

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer