IDT Corporation Set to Announce Q3 Earnings on June 3rd
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2026
0mins
Source: seekingalpha
- Earnings Announcement Date: IDT Corporation is scheduled to release its Q3 earnings on June 3rd after market close, with consensus EPS estimate at $0.89, reflecting a 1.1% year-over-year decline, while revenue is projected at $308 million, indicating a 2.0% year-over-year growth, suggesting stable revenue growth for the company.
- Historical Performance: Over the past two years, IDT has beaten both EPS and revenue estimates 100% of the time, demonstrating strong profitability and market adaptability, which enhances investor confidence in the company's performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw no upward revisions but one downward revision, while revenue estimates experienced one upward revision with no downward adjustments, reflecting a cautiously optimistic market sentiment regarding IDT's future performance, which may influence investor decisions.
- EBITDA Guidance Increase: IDT has raised its 2026 adjusted EBITDA guidance to between $147 million and $149 million, indicating accelerated progress in its digital and AI initiatives, which could lay the groundwork for future profit growth.
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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 Corp Reports Revenue Growth in Latest Earnings
- Revenue Growth: IDT Corp reported a 5% increase in consolidated revenue to $315.7 million, with gross profit growing 9% to $122.5 million and gross margin expanding by 170 basis points to 38.8%, indicating robust performance and enhanced profitability in the market.
- EBITDA Guidance Raised: The company raised its full-year FY26 adjusted EBITDA guidance to $150 million to $152 million, representing a 15% growth at the midpoint over FY25, reflecting management's confidence in future performance and positive market expectations.
- Strong Digital Transactions: Digital transactions grew 20% year-over-year, with digital send volume increasing by 40%, demonstrating strong growth in the digital channel and further solidifying the company's position in the rapidly evolving digital payment market.
- Healthy Cash Flow: IDT ended the quarter with $251 million in cash and cash equivalents, maintaining a debt-free balance sheet, which provides ample financial support for future investments and expansion opportunities.
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- Quarterly Dividend Announcement: IDT Corporation declares a quarterly dividend of $0.07 per share, consistent with previous distributions, indicating stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 0.52% reflects the company's attractiveness in the current market environment, potentially drawing in investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on June 19, with a record date of June 9 and an ex-dividend date also on June 9, ensuring shareholders receive their payouts promptly, thereby enhancing loyalty towards the company.
- Financial Performance Outlook: IDT anticipates adjusted EBITDA for FY 2026 to be between $150 million and $152 million, driven by operating leverage in growth segments, indicating an improvement in future profitability.
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- Significant Revenue Growth: IDT Corporation reported a 5% increase in Q3 revenue to $315.7 million, with gross profit rising 9% to $122.5 million and gross margin reaching a record high of 38.8%, indicating ongoing profitability expansion.
- EBITDA Guidance Raised: Management raised the full-year FY 2026 adjusted EBITDA guidance to a range of $150 million to $152 million based on year-to-date performance, reflecting increased operating leverage in growth segments and resilience in traditional communications.
- Strong Digital Channel Performance: Digital transaction volume grew 20% year-over-year, while digital send volume surged 40%, showcasing the company's significant market share gains amid a remittance-tax-driven channel shift, further solidifying its competitive position in fintech.
- Acquisition of OnCore Digital: IDT acquired a controlling stake in OnCore Digital, which will be integrated with NRS's screen network and first-party transaction data to enhance retail offerings, signaling a strategic shift towards advertising monetization.
See More
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- Revenue Growth: The company achieved revenue of $315.7 million in Q3, a 4.5% year-over-year increase that surpassed market expectations by $7.7 million, demonstrating the effectiveness of strategic investments in digital and AI initiatives.
- Gross Margin Improvement: Gross profit margin increased by 170 basis points to 38.8% from 37.1%, showcasing significant improvements in cost control and operational efficiency, which further bolstered profitability.
- Adjusted EBITDA Guidance Raised: IDT raised its 2026 adjusted EBITDA guidance to $147 million to $149 million, reflecting strong confidence in future growth driven by digitalization and AI projects.
See More
IDT Corp Reports Q3 Profit Growth
- Profit Performance: IDT Corp reported a third-quarter profit of $21.61 million, translating to earnings per share of $0.87, which shows a slight increase from last year's $21.69 million and $0.86 per share, indicating stability in the company's profitability.
- Adjusted Earnings: Excluding items, IDT reported adjusted earnings of $23.3 million or $0.94 per share, reflecting an enhancement in core business profitability, showcasing management's success in cost control and operational efficiency.
- Revenue Growth: The company experienced a 4.5% year-over-year revenue increase to $315.71 million, up from $301.98 million last year, demonstrating sustained market demand and the competitiveness of its products.
- Market Outlook: With stable growth in both revenue and profit, IDT Corp is well-positioned for future market competition, expected to benefit from industry trends and evolving customer demands.
See More
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- Significant Revenue Growth: IDT Corporation reported a 5% year-over-year revenue increase in Q3 2026, reaching $315.7 million, indicating sustained demand in fintech and communications solutions, which is expected to drive future market share growth.
- Gross Margin Improvement: Gross profit rose by 9% to $122.5 million, with gross margin increasing to 38.8%, demonstrating significant operational leverage in high-margin businesses and enhancing overall profitability.
- Adjusted EBITDA Guidance Raised: The company raised its FY 2026 adjusted EBITDA guidance to $150-$152 million, reflecting a 15% increase from FY 2025, showcasing management's confidence in future performance and ongoing business expansion potential.
- Strong Digital Channel Performance: BOSS Money's digital channel transaction volume surged by 40% year-over-year, indicating a significant market share increase in digital payments, which is expected to provide robust support for future revenue growth.
See More
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- Revenue Growth: IDT Corp reported a 5% increase in consolidated revenue to $315.7 million, with gross profit growing 9% to $122.5 million and gross margin expanding by 170 basis points to 38.8%, indicating robust performance and enhanced profitability in the market.
- EBITDA Guidance Raised: The company raised its full-year FY26 adjusted EBITDA guidance to $150 million to $152 million, representing a 15% growth at the midpoint over FY25, reflecting management's confidence in future performance and positive market expectations.
- Strong Digital Transactions: Digital transactions grew 20% year-over-year, with digital send volume increasing by 40%, demonstrating strong growth in the digital channel and further solidifying the company's position in the rapidly evolving digital payment market.
- Healthy Cash Flow: IDT ended the quarter with $251 million in cash and cash equivalents, maintaining a debt-free balance sheet, which provides ample financial support for future investments and expansion opportunities.
See More
IDT Corporation Declares $0.07 Quarterly Dividend in Line with Previous
- Quarterly Dividend Announcement: IDT Corporation declares a quarterly dividend of $0.07 per share, consistent with previous distributions, indicating stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 0.52% reflects the company's attractiveness in the current market environment, potentially drawing in investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on June 19, with a record date of June 9 and an ex-dividend date also on June 9, ensuring shareholders receive their payouts promptly, thereby enhancing loyalty towards the company.
- Financial Performance Outlook: IDT anticipates adjusted EBITDA for FY 2026 to be between $150 million and $152 million, driven by operating leverage in growth segments, indicating an improvement in future profitability.
See More
IDT Corporation Q3 FY 2026 Earnings Highlights
- Significant Revenue Growth: IDT Corporation reported a 5% increase in Q3 revenue to $315.7 million, with gross profit rising 9% to $122.5 million and gross margin reaching a record high of 38.8%, indicating ongoing profitability expansion.
- EBITDA Guidance Raised: Management raised the full-year FY 2026 adjusted EBITDA guidance to a range of $150 million to $152 million based on year-to-date performance, reflecting increased operating leverage in growth segments and resilience in traditional communications.
- Strong Digital Channel Performance: Digital transaction volume grew 20% year-over-year, while digital send volume surged 40%, showcasing the company's significant market share gains amid a remittance-tax-driven channel shift, further solidifying its competitive position in fintech.
- Acquisition of OnCore Digital: IDT acquired a controlling stake in OnCore Digital, which will be integrated with NRS's screen network and first-party transaction data to enhance retail offerings, signaling a strategic shift towards advertising monetization.
See More
IDT Corporation Reports Strong Q3 Earnings Exceeding Expectations
- Earnings Beat: IDT Corporation reported a Q3 non-GAAP EPS of $0.94, exceeding expectations by $0.05, indicating a robust enhancement in profitability and reflecting the company's competitive strength in the market.
- Revenue Growth: The company achieved revenue of $315.7 million in Q3, a 4.5% year-over-year increase that surpassed market expectations by $7.7 million, demonstrating the effectiveness of strategic investments in digital and AI initiatives.
- Gross Margin Improvement: Gross profit margin increased by 170 basis points to 38.8% from 37.1%, showcasing significant improvements in cost control and operational efficiency, which further bolstered profitability.
- Adjusted EBITDA Guidance Raised: IDT raised its 2026 adjusted EBITDA guidance to $147 million to $149 million, reflecting strong confidence in future growth driven by digitalization and AI projects.
See More
IDT Corp Reports Q3 Profit Growth
- Profit Performance: IDT Corp reported a third-quarter profit of $21.61 million, translating to earnings per share of $0.87, which shows a slight increase from last year's $21.69 million and $0.86 per share, indicating stability in the company's profitability.
- Adjusted Earnings: Excluding items, IDT reported adjusted earnings of $23.3 million or $0.94 per share, reflecting an enhancement in core business profitability, showcasing management's success in cost control and operational efficiency.
- Revenue Growth: The company experienced a 4.5% year-over-year revenue increase to $315.71 million, up from $301.98 million last year, demonstrating sustained market demand and the competitiveness of its products.
- Market Outlook: With stable growth in both revenue and profit, IDT Corp is well-positioned for future market competition, expected to benefit from industry trends and evolving customer demands.
See More
IDT Corporation Reports Strong Q3 2026 Financial Results with Increased Guidance
- Significant Revenue Growth: IDT Corporation reported a 5% year-over-year revenue increase in Q3 2026, reaching $315.7 million, indicating sustained demand in fintech and communications solutions, which is expected to drive future market share growth.
- Gross Margin Improvement: Gross profit rose by 9% to $122.5 million, with gross margin increasing to 38.8%, demonstrating significant operational leverage in high-margin businesses and enhancing overall profitability.
- Adjusted EBITDA Guidance Raised: The company raised its FY 2026 adjusted EBITDA guidance to $150-$152 million, reflecting a 15% increase from FY 2025, showcasing management's confidence in future performance and ongoing business expansion potential.
- Strong Digital Channel Performance: BOSS Money's digital channel transaction volume surged by 40% year-over-year, indicating a significant market share increase in digital payments, which is expected to provide robust support for future revenue growth.
See More
