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IDT Corp. - IDT STOCK NEWS

Welcome to our dedicated news page for IDT (Ticker: IDT), a resource for investors and traders seeking the latest updates and insights on IDT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IDT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IDT's position in the market.

News
NRSInsights’ March 2024 Retail Same-Store Sales Report
Rhea-AI Summary
NRSInsights reported a 7.2% increase in same-store sales for March 2024 compared to the previous year. The average prices rose by 0.7% year-over-year, with notable growth in beverage categories and cooking/baking items. The NRS network comprises around 29,800 active terminals serving various retail outlets nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
none
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News
IDT Corporation to Present at Sidoti Investor Conference
Rhea-AI Summary
IDT Corporation (NYSE: IDT) will present at the Sidoti Small Cap Conference on March 13, 2024, providing an overview of operations, strategy, and financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
conferences
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News
NRSInsights’ February 2024 Retail Same-Store Sales Report
Rhea-AI Summary
NRSInsights reported a 3.5% year-over-year increase in same-store sales for February 2024, with Western states seeing significant gains due to winter storms. Average prices rose by 1.2% year-over-year. Retailers in Arizona, Montana, and Wyoming led in sales growth. The number of items sold and transactions increased compared to the previous year. The data also showed a rise in the dollar-weighted average of prices for top items purchased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
Tags
none
News
IDT Corporation Reports Second Quarter Fiscal Year 2024 Results
Rhea-AI Summary
IDT Corporation (NYSE: IDT) reported its second-quarter fiscal year 2024 results, showcasing steady financial performance with a GAAP EPS of $0.57 and a Non-GAAP EPS of $0.67. The company's cash, cash equivalents, debt securities, and current equity investments totaled $177.6 million. IDT also initiated a quarterly dividend of $0.05 per share of Common Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.99%
Tags
earnings
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News
SharedFi, the WiFi Money Making App From WaveMAX, to Partner With Zendit and PagaPhone to Offer Mobile Top-ups and eSIMs
Rhea-AI Summary
WaveMAX Corporation relaunches SharedFi app for WiFi sharing and monetization, partnering with IDT Corporation's Zendit for mobile top-ups and eSIMs. PagaPhone in Mexico to be the first MVNO partner. The initiative aims to create synergies and offer a revenue-sharing business model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
none
-
News
IDT Corporation to Report Second Quarter Fiscal 2024 Results
Rhea-AI Summary
IDT Corporation (NYSE: IDT) announces the release of its financial and operational results for the second quarter of fiscal year 2024. The earnings report will be available on the investor relations website, followed by an earnings conference call for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
conferences earnings
News
NRS Digital Media Launches StrataSelect
Rhea-AI Summary
NRS Digital Media Launches StrataSelect, a Hyper-Targeting In-Store Retail Media Solution, Enhancing Brand Campaigns with Data-Driven Store Targeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
none
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News
Zendit Extends Global Prepaid Platform with eSIM Initiative
Rhea-AI Summary
Zendit, a prepaid-as-a-service business of IDT Corporation, will unveil its eSIM initiative at Mobile World Congress 2024 in Barcelona, offering a cost-effective global data connectivity solution. The global eSIM market is projected to reach $44 billion by 2032, with Zendit providing a platform for developers to enter this expanding market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
none
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News
net2phone Unveils Global Connect
Rhea-AI Summary
net2phone, a leading provider of intelligent communications-as-a-service, has launched its Global Connect service, offering multinational businesses an enterprise-grade cloud connectivity solution that reduces connectivity costs and simplifies voice connectivity administration. The service is designed to enable organizations to shed their costly local voice connectivity services and achieve substantial cost savings, while also enhancing productivity and streamlining the payables process. Global Connect operates across six continents and is offered by net2phone, a subsidiary of IDT Corporation (NYSE: IDT), which terminates over nine billion international long distance minutes per year to over 200 countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none
News
NRSInsights’ January 2024 Retail Same-Store Sales Report
Rhea-AI Summary
NRSInsights reported a 1.4% increase in same-store sales at NRS retailers in January 2024 compared to January 2023. The average sales per calendar day decreased by 10.0% from December 2023, reflecting the seasonal impact of robust holiday sales in December. The average prices for the most popular items sold in January increased by 0.3% year-over-year. The report also highlighted trends in consumer spending, product categories, and inflationary pressures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
Stock IDT logo
IDT Corp.

NYSE:IDT

IDT Rankings

#2892 Ranked by Market Cap
#1532 Ranked by Stock Gains
N/A Ranked by Dividends

IDT Stock Data

937.82M
16.98M
32.05%
49.78%
1%
Telecommunications Resellers
Information
Link
United States
Newark

About IDT

we know that you’ll have looked at quite a few company recruitment pages but idt is different. we want people who want to make a big difference to our company with big ambitions. we’re a truly global team, with 1300 people working across all continents, apart from (at the moment!) antarctica. but we are proud that despite our size, we encourage and support any in-house entrepreneurs to develop their ideas into business action. our exciting growth plans make it a great time to join us. our people are the reason for idt’s passion for success. the idt family is made up of people of all backgrounds, expertise and interests, all with a relentless team spirit. we need people who share both our commitment to success and excitement about our journey. you won’t ever be bored or have to wonder how to fill your time. you’ll find the work challenging but you’ll get the support of a great team to help you beat those challenges. you will also be expected to support others as well as work hard, wor