IDT Corporation Scheduled to Release Q3 FY2026 Financial Results on June 3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 38 minutes ago
0mins
Source: Newsfilter
- Earnings Release Schedule: IDT Corporation is set to report its financial and operational results for the third quarter of fiscal year 2026 on June 3, 2026, at approximately 4:30 PM Eastern, covering the three months ended April 30, which is expected to significantly impact investor sentiment.
- Conference Call Details: Following the earnings release, IDT will host a conference call at 5:30 PM Eastern where management will discuss the results and engage in a Q&A session with investors, highlighting the company's commitment to transparent communication with stakeholders.
- Replay Availability: A replay of the conference call will be accessible approximately three hours after the call concludes and will remain available until June 17, 2026, allowing investors to revisit the discussion and enhancing information accessibility.
- Company Overview: IDT Corporation operates as a global provider of fintech and communications solutions through a diverse portfolio, including the NRS POS platform and BOSS Money's international remittance services, showcasing its strategic positioning and competitive advantages in the market.
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Analyst Views on IDT
About IDT
IDT Corporation is a provider of fintech and communications solutions focused on consumer and business-to-business (B2B) markets. Its segments include National Retail Solutions (NRS), Fintech, net2phone, and Traditional Communications. The NRS segment operates a point-of-sale terminal-based platform for independent retailers including convenience stores, bodegas, liquor, small-format grocery, and tobacco stores. The fintech segment provides fintech-based services featuring cross-border money transfers to customers. net2phone provides businesses with artificial intelligence (AI) powered communications solutions that analyze, inform, and manage communications. The Traditional Communications segment provides prepaid digital offerings including mobile airtime top-up, mobile data bundles, digital gift cards, and eSIMs to consumers through BOSS’ retail and digital channels. It also provides international long-distance voice calling for immigrant communities in the United States and Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
IDT Corporation Scheduled to Release Q3 FY2026 Financial Results on June 3
- Earnings Release Schedule: IDT Corporation is set to report its financial and operational results for the third quarter of fiscal year 2026 on June 3, 2026, at approximately 4:30 PM Eastern, covering the three months ended April 30, which is expected to significantly impact investor sentiment.
- Conference Call Details: Following the earnings release, IDT will host a conference call at 5:30 PM Eastern where management will discuss the results and engage in a Q&A session with investors, highlighting the company's commitment to transparent communication with stakeholders.
- Replay Availability: A replay of the conference call will be accessible approximately three hours after the call concludes and will remain available until June 17, 2026, allowing investors to revisit the discussion and enhancing information accessibility.
- Company Overview: IDT Corporation operates as a global provider of fintech and communications solutions through a diverse portfolio, including the NRS POS platform and BOSS Money's international remittance services, showcasing its strategic positioning and competitive advantages in the market.
See More
BOSS Money Sees Record Remittances for Mother's Day
- Record Remittance Amounts: During the week leading up to Mother's Day 2026, BOSS Money's digital customers sent 49% more principal and 27% more remittances than last year, demonstrating increased customer trust and reliance on the platform, which solidifies its leadership position in the international remittance market.
- Increased User Trust: A remarkable 87% of the remittances for Mother's Day originated from customers using the BOSS Money and BOSS Revolution apps, reflecting high user recognition and laying a strong foundation for future customer growth and market share expansion.
- Enhanced Market Recognition: BOSS Money was ranked as the top money transfer app by FXC Intelligence, achieving an impressive near-perfect rating of 4.9, and boasts over 110,000 five-star reviews across the Apple App Store and Google Play, further enhancing its brand image and competitive edge.
- Diverse Service Expansion: BOSS Money offers a variety of remittance options, including bank deposits, cash pickups, and mobile wallets, catering to diverse customer needs and strengthening its service capabilities in Latin America, the Caribbean, Africa, and South Asia, thereby supporting the company's global business expansion.
See More
April Same-Store Sales Rise 3.9% Year-Over-Year
- Same-Store Sales Growth: April 2026 same-store sales increased by 3.9% year-over-year, up from 2.9% in March, indicating a continued recovery in consumer spending that is expected to further boost retailers' revenue.
- Units Sold Change: Units sold rose by 0.5% year-over-year, contrasting with a 1.2% decline in March, suggesting a gradual recovery in market demand, prompting retailers to potentially adjust inventory strategies to align with changing consumer preferences.
- Basket Trends: Baskets per store decreased by 0.3% year-over-year but increased by 2.9% compared to March, indicating a rise in consumer spending per visit, which could enhance retailers' profit margins.
- Price Increase Situation: The dollar-weighted average price for the top 500 items rose by 2.2% year-over-year, surpassing March's 1.4% increase, reflecting ongoing inflationary pressures that retailers need to manage in their pricing strategies to maintain competitiveness.
See More
IDT Executive Sells 20,000 Shares of Stock
- Executive Transaction Overview: On April 14, 2026, Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corporation, sold 20,000 shares of common stock for a transaction value of $1.02 million, marking his largest open-market sale to date and indicating his ongoing engagement with the company's stock.
- Holding Proportion Analysis: This sale reduced Ash's direct common stock holdings to 32,243 shares, impacting 36.3% of his direct equity exposure, yet he retains a significant position with 35,118 shares of convertible Class B common stock, demonstrating his long-term commitment to the company.
- Company Financial Performance: IDT reported first-quarter revenue of $320.5 million in 2026, a 6% year-over-year increase, with gross margins expanding to 37.8%, driven by a 32% rise in fintech income and a remarkable 96% growth in net2phone, showcasing robust performance across multiple business segments.
- Market Reaction and Outlook: Despite the executive's stock sale, IDT's stock price has risen approximately 10% year-to-date, reflecting market confidence in the company's sustained growth, and long-term investors should focus on the growth potential and margin expansion across the company's business lines rather than short-term insider trading activities.
See More
net2phone Launches Sync Platform to Empower Canadian Businesses
- Platform Launch: net2phone's newly launched Sync platform offers Canadian businesses a unified voice, video, and messaging service designed to streamline communication processes and enhance customer experiences, addressing the need for modern communication infrastructure.
- AI Integration Benefits: The Sync platform incorporates powerful AI capabilities, including transcription and summarization of calls and meetings, as well as automated follow-up workflows, significantly reducing manual effort and improving team efficiency.
- Data Security Assurance: All cloud data is securely stored and encrypted in Canada, meeting the data residency requirements critical for Canadian enterprises, thereby enhancing customer trust in data security.
- Rapid Deployment and Management: The platform features intuitive administration tools that support quick deployment and easy management, enabling businesses to swiftly adapt and leverage new technologies to enhance their competitive edge.
See More
March 2026 Same-Store Sales Rise 2.9% Year-Over-Year
- Same-Store Sales Growth: March 2026 same-store sales increased by 2.9% year-over-year, although this marks a decline from February's 4.0%, indicating a cautious consumer spending trend that could impact overall retail performance.
- Decline in Units Sold: Units sold decreased by 1.2% year-over-year, compared to a smaller decline of 0.2% in February, reflecting a shift towards budget-conscious purchasing that may compel retailers to adjust their inventory strategies in response to market dynamics.
- Transaction Volume Changes: Baskets per store decreased by 0.4% year-over-year, yet the decline was less severe than February's, suggesting that consumers still exhibit some purchasing intent in categories like convenience store items, potentially offering retailers opportunities to refine their product assortments.
- Slowing Price Increases: The dollar-weighted average price for the top 500 items rose by 1.4% year-over-year in March 2026, down from 2.7% in February, indicating easing inflationary pressures that may provide consumers with greater purchasing power.
See More
IDT Corporation Scheduled to Release Q3 FY2026 Financial Results on June 3
- Earnings Release Schedule: IDT Corporation is set to report its financial and operational results for the third quarter of fiscal year 2026 on June 3, 2026, at approximately 4:30 PM Eastern, covering the three months ended April 30, which is expected to significantly impact investor sentiment.
- Conference Call Details: Following the earnings release, IDT will host a conference call at 5:30 PM Eastern where management will discuss the results and engage in a Q&A session with investors, highlighting the company's commitment to transparent communication with stakeholders.
- Replay Availability: A replay of the conference call will be accessible approximately three hours after the call concludes and will remain available until June 17, 2026, allowing investors to revisit the discussion and enhancing information accessibility.
- Company Overview: IDT Corporation operates as a global provider of fintech and communications solutions through a diverse portfolio, including the NRS POS platform and BOSS Money's international remittance services, showcasing its strategic positioning and competitive advantages in the market.
See More
BOSS Money Sees Record Remittances for Mother's Day
- Record Remittance Amounts: During the week leading up to Mother's Day 2026, BOSS Money's digital customers sent 49% more principal and 27% more remittances than last year, demonstrating increased customer trust and reliance on the platform, which solidifies its leadership position in the international remittance market.
- Increased User Trust: A remarkable 87% of the remittances for Mother's Day originated from customers using the BOSS Money and BOSS Revolution apps, reflecting high user recognition and laying a strong foundation for future customer growth and market share expansion.
- Enhanced Market Recognition: BOSS Money was ranked as the top money transfer app by FXC Intelligence, achieving an impressive near-perfect rating of 4.9, and boasts over 110,000 five-star reviews across the Apple App Store and Google Play, further enhancing its brand image and competitive edge.
- Diverse Service Expansion: BOSS Money offers a variety of remittance options, including bank deposits, cash pickups, and mobile wallets, catering to diverse customer needs and strengthening its service capabilities in Latin America, the Caribbean, Africa, and South Asia, thereby supporting the company's global business expansion.
See More
April Same-Store Sales Rise 3.9% Year-Over-Year
- Same-Store Sales Growth: April 2026 same-store sales increased by 3.9% year-over-year, up from 2.9% in March, indicating a continued recovery in consumer spending that is expected to further boost retailers' revenue.
- Units Sold Change: Units sold rose by 0.5% year-over-year, contrasting with a 1.2% decline in March, suggesting a gradual recovery in market demand, prompting retailers to potentially adjust inventory strategies to align with changing consumer preferences.
- Basket Trends: Baskets per store decreased by 0.3% year-over-year but increased by 2.9% compared to March, indicating a rise in consumer spending per visit, which could enhance retailers' profit margins.
- Price Increase Situation: The dollar-weighted average price for the top 500 items rose by 2.2% year-over-year, surpassing March's 1.4% increase, reflecting ongoing inflationary pressures that retailers need to manage in their pricing strategies to maintain competitiveness.
See More
IDT Executive Sells 20,000 Shares of Stock
- Executive Transaction Overview: On April 14, 2026, Menachem Ash, EVP of Strategic & Legal Affairs at IDT Corporation, sold 20,000 shares of common stock for a transaction value of $1.02 million, marking his largest open-market sale to date and indicating his ongoing engagement with the company's stock.
- Holding Proportion Analysis: This sale reduced Ash's direct common stock holdings to 32,243 shares, impacting 36.3% of his direct equity exposure, yet he retains a significant position with 35,118 shares of convertible Class B common stock, demonstrating his long-term commitment to the company.
- Company Financial Performance: IDT reported first-quarter revenue of $320.5 million in 2026, a 6% year-over-year increase, with gross margins expanding to 37.8%, driven by a 32% rise in fintech income and a remarkable 96% growth in net2phone, showcasing robust performance across multiple business segments.
- Market Reaction and Outlook: Despite the executive's stock sale, IDT's stock price has risen approximately 10% year-to-date, reflecting market confidence in the company's sustained growth, and long-term investors should focus on the growth potential and margin expansion across the company's business lines rather than short-term insider trading activities.
See More
net2phone Launches Sync Platform to Empower Canadian Businesses
- Platform Launch: net2phone's newly launched Sync platform offers Canadian businesses a unified voice, video, and messaging service designed to streamline communication processes and enhance customer experiences, addressing the need for modern communication infrastructure.
- AI Integration Benefits: The Sync platform incorporates powerful AI capabilities, including transcription and summarization of calls and meetings, as well as automated follow-up workflows, significantly reducing manual effort and improving team efficiency.
- Data Security Assurance: All cloud data is securely stored and encrypted in Canada, meeting the data residency requirements critical for Canadian enterprises, thereby enhancing customer trust in data security.
- Rapid Deployment and Management: The platform features intuitive administration tools that support quick deployment and easy management, enabling businesses to swiftly adapt and leverage new technologies to enhance their competitive edge.
See More
March 2026 Same-Store Sales Rise 2.9% Year-Over-Year
- Same-Store Sales Growth: March 2026 same-store sales increased by 2.9% year-over-year, although this marks a decline from February's 4.0%, indicating a cautious consumer spending trend that could impact overall retail performance.
- Decline in Units Sold: Units sold decreased by 1.2% year-over-year, compared to a smaller decline of 0.2% in February, reflecting a shift towards budget-conscious purchasing that may compel retailers to adjust their inventory strategies in response to market dynamics.
- Transaction Volume Changes: Baskets per store decreased by 0.4% year-over-year, yet the decline was less severe than February's, suggesting that consumers still exhibit some purchasing intent in categories like convenience store items, potentially offering retailers opportunities to refine their product assortments.
- Slowing Price Increases: The dollar-weighted average price for the top 500 items rose by 1.4% year-over-year in March 2026, down from 2.7% in February, indicating easing inflationary pressures that may provide consumers with greater purchasing power.
See More
