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IDT Corporation - $IDT STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

Rhea-AI Summary
IDT Corporation reports results for 4Q23 and FY2023, with NRS, net2phone, and BOSS Money showing growth in revenue. NRS adds record number of terminals and payment processing accounts. net2phone increases seats served and subscription revenue. BOSS Money sees increase in transactions and revenue. Consolidated revenue and income from operations decrease in 4Q23. IDT accelerates stock repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.84%
Tags
-
Rhea-AI Summary
Same-store sales at NRS retailers during September increased 6.1% compared to September 2022. Compared to August 2023, same-store-sales increased 1.7%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
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none
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Rhea-AI Summary
IDT Corporation has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2023 on October 12, 2023. The earnings release will be issued and posted on the IDT investor relations website. An earnings conference call will be held, followed by a Q&A session with investors. A replay of the conference call will be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
conferences earnings
Rhea-AI Summary
Same-store sales at NRS retailers increased 6.5% compared to August 2022. Sales declined 2.3% compared to July 2023 due to seasonal factors. Number of items sold increased 5.3% compared to August 2022. Average number of transactions per store increased 3.6% compared to August 2022. Dollar-weighted average of prices for top 500 items increased 3.8% year-over-year. NRS' three-month rolling same-store sales increase of 5.9% exceeds Commerce Department's metric. NRS network's three-month moving average same-store sales outpaced Commerce Department data by 5.0 percentage points on average. NRS processed $16.0 billion in sales through 1.14 billion transactions in the past twelve months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
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none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
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none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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conferences
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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none
IDT Corporation

NYSE:IDT

IDT Rankings

IDT Stock Data

1.01B
16.98M
32.05%
49.78%
1%
Telecommunications Resellers
Information
Link
United States of America
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