What does IDT B do and what are its main business segments?

What is the market's earnings forecast for IDT B next quarter?

What factors drove the changes in IDT B's revenue and profit?

What is IDT B's gross profit margin?

What were the key takeaways from IDT B’s earnings call?

What is IDT B's latest dividend and current dividend yield?

What were the key takeaways from IDT B's earnings call?

Did IDT B beat or miss consensus estimates last quarter?

- **Revenue Growth Drivers**: NRS merchant services and SaaS fees powered 17% YoY digital transaction growth at BOSS Money, outperforming industry trends.
- **Profitability**: Growth segments (NRS, BOSS Money, net2phone) contributed 53% of adjusted EBITDA, up from 45% YoY.
- **Digital Shift Impact**: Federal remittance tax accelerated 17% YoY digital transactions, driving 37% EBITDA growth in net2phone.
- **Shareholder Returns**: 17% dividend increase and $15M buybacks, with FY2026 buyback pace exceeding prior years.

**【CEO Summary Section】**
- **Revenue Growth**: NRS recurring revenue grew year-over-year, driven by merchant services and SaaS fee revenues. BOSS Money's digital channel transactions increased by 17% YoY, outperforming industry trends.
- **AI Initiatives**: Early AI adoption is generating positive customer reviews, with plans for a new unified communications offering targeting SMBs.
- **Financial Discipline**: Traditional Communications contributed $19 million in adjusted EBITDA, maintaining stability despite lower-margin business pressures.
- **Shareholder Returns**: $15 million in stock buybacks and a 17% dividend increase, signaling confidence in cash flow generation.

**【CFO Financial Commentary】**
- **Record Metrics**: Gross profit, adjusted EBITDA, and non-GAAP EPS reached record levels, with net2phone driving a 37% YoY increase in adjusted EBITDA.
- **Segment Performance**: Growth segments (NRS, BOSS Money, net2phone) contributed 53% of consolidated adjusted EBITDA, up from 45% YoY.
- **Digital Channel Shift**: The new federal remittance tax accelerated migration to higher-margin digital transactions, with February and March volumes nearing Christmas and Mother's Day levels.
- **Capital Allocation**: On track to exceed prior-year buyback pace, with $18 million spent in FY2025 vs. $11 million in FY2024.

**【Q&A Key Highlights】**
- **NRS Dynamics**: SG&A increase due to new product launches and reseller channel expansion, offsetting advertising market softness.
- **BOSS Money Competition**: App ratings and pricing competitiveness support customer retention, with digital transaction margins outpacing retail despite lower revenue per transaction.
- **M&A Strategy**: Cautious approach to acquisitions, prioritizing organic growth and digital channel migration over aggressive M&A.
- **Marcus Park Investment**: Minority stake with no immediate plans for full acquisition or public listing.

IDT Corporation(IDT)-20260311-2026 Q2 Earnings call transcript

- **Record Financial Performance**: 26% YoY EBITDA growth to $37.9 million, driven by NRS (33% EBITDA increase) and Fintech (87% EBITDA increase).
- **AI-Driven Innovation**: Launch of AI solutions in net2phone and BOSS Money, with AI reducing transaction costs and improving unit economics.
- **Strategic Expansion**: Plans for international market entry and small acquisitions to accelerate growth in adjacent verticals.
- **Shareholder Returns**: $7.6 million in stock buybacks and plans for further buybacks, alongside quarterly dividends.
- **Legal Resolution**: Successful dismissal of Straight Path class action lawsuit, eliminating a major risk.

**【Management Opening Remarks】**
- Bill Ulrey introduced the call, highlighting the company's financial performance and forward-looking statements. He emphasized the use of non-GAAP measures and the risks associated with future projections.

**【CEO Summary Section】**
- **Revenue Growth**: Consolidated revenue increased 4% to $323 million, driven by NRS, Fintech, and net2phone segments, which collectively grew 16%.
- **Profitability**: Record gross profit of $118 million (37% margin) and adjusted EBITDA of $37.9 million (11.7% margin). NRS, Fintech, and net2phone contributed 57% of adjusted EBITDA.
- **Strategic Initiatives**: Launch of AI solutions in net2phone, BOSS Money's digital channel growth (84% of transactions), and premium services driving average recurring revenue per terminal up 6%.
- **Legal Update**: Delaware Supreme Court dismissed all claims in the Straight Path class action suit, resolving a significant legal risk.

**【CFO Financial Commentary】**
- **Financial Highlights**: GAAP EPS of $0.89 (31% YoY increase), Non-GAAP EPS of $0.94 (32% YoY increase). EBITDA less CapEx reached $32.1 million, a 30% YoY increase.
- **Segment Performance**: 
  - **NRS**: Recurring revenue up 22% to $35 million, merchant services revenue up 38%, and adjusted EBITDA up 33%.
  - **Fintech**: BOSS Money's adjusted EBITDA margin of 18%, with AI-driven cost reductions.
  - **net2phone**: Seats up 7% to 432,000, income from operations up 94%, and AI investment for new verticals.
  - **Traditional Communications**: Adjusted EBITDA up 2% to $18.9 million, with ongoing OpEx reductions.
- **Liquidity**: $220 million in cash, with $7.6 million in stock buybacks and plans for further buybacks and dividends.
- **Guidance**: Full-year 2026 adjusted EBITDA target of $141-$145 million (7%-10% growth).

**【Q&A Key Highlights】**
- **M&A Strategy**: CEO cautious on large acquisitions, focusing on small NRS-related deals and exploring international expansion via acquisitions.
- **Account Growth**: New payment processing accounts require POS terminals, with conversions and adjacent verticals (e.g., food service, CBD) driving growth.
- **International Expansion**: Exploring entry into new countries, with Canada as a potential near-term focus.
- **Traditional Communications**: Resilient performance with stable gross profit despite revenue fluctuations, driven by high-margin solutions.


IDT Corporation (IDT) Q1 2026 Earnings Call Transcript

- **Record EBITDA growth**: Full-year adjusted EBITDA up 43% to $129 million, driven by high-margin segments.
- **Digital remittance dominance**: BOSS Money digital channel share at 80%, with fee pricing adjustments to capture volume growth. New tax expected to accelerate digital migration.
- **AI transformation**: Net2phone AI agents in 10% of sales, with shift to usage-based pricing. NRS recurring revenue per terminal up 22% to $299.
- **Cash return focus**: $254 million in cash, with quarterly dividend and opportunistic buybacks. Disciplined M&A approach.
- **Risks and opportunities**: Immigration policy uncertainty impacting remittance demand, but stablecoin and WhatsApp initiatives poised to drive growth.

**【CEO Summary Section】**
- **Record financial performance**: Full-year adjusted EBITDA increased 43% to $129 million, driven by growth in NRS, FinTech, and net2phone segments.
- **NRS expansion**: Merchant services and SaaS fee revenue growth, with recurring revenue per terminal reaching $299. Integrations with DoorDash and a new delivery service are driving retailer engagement. NRS Insights signed a deal with a major coupon provider for digital coupons.
- **BOSS Money digital dominance**: 80% of remittance volume via digital channels, with transactions up 28% and dollars sent up 41%. Fee pricing adjustments to capture volume growth. New 1% federal tax on cash remittances expected to accelerate digital migration.
- **Net2phone AI transformation**: 10% of sales involve AI agents, with plans to shift to usage-based pricing. Budgeted for high single-digit EBITDA growth in 2026 with increased R&D investment.
- **Traditional Communications efficiency**: Streamlined operations in BOSS Calling and IDT Global, with gross margin expansion. Digital payments business driving cash flow.
- **Capital allocation**: $254 million in cash, with focus on organic growth and disciplined M&A. Quarterly dividend and opportunistic buybacks.

**【CFO Financial Commentary】**
- **Revenue growth**: Full-year revenue up 2%, with high-margin segments (NRS, FinTech, net2phone) contributing 31% of Q4 revenue. Consolidated gross margin improved 380 basis points.
- **Segment performance**: 
  - **NRS**: Adjusted EBITDA up 37% to $34.2 million, with recurring revenue per terminal up 22%. Advertising revenue recovery expected in 2026.
  - **FinTech**: BOSS Money EBITDA margin reached 15-20% range, with digital channel gross profit 20% higher than retail. Full-year Fintech EBITDA up 16x to $18.4 million.
  - **Net2phone**: Subscription revenue up 9%, with disciplined SG&A control. 2026 budget includes AI investment for long-term profitability.
  - **Traditional Communications**: Adjusted EBITDA up 13% to $75 million, with IDT Digital Payments growth offsetting declines in legacy businesses.
- **Cash position**: $254 million at July 31, 2025, supporting growth initiatives and shareholder returns.

**【Q&A Highlights】**
- **Stablecoins and wallets**: Beta launch of stablecoin wallets, with full rollout expected in 2026. WhatsApp integration launching to existing customers in Q4, new customers in 30-45 days.
- **M&A strategy**: Failed acquisition attempt in Q4, but focus on smaller, accretive deals. Caution on valuations amid industry consolidation.
- **NRS churn**: Driven by immigration enforcement, competitive pressures, and technical issues. Winning back customers through superior value proposition.
- **BOSS Money growth**: 2026 budget for high teens revenue and EBITDA growth, supported by digital wallet, WhatsApp, and tax-driven migration. Immigration policy uncertainty poses risk.
- **Net2phone monetization**: Shifting from seat-based to usage-based pricing for AI agents, with 30%+ sales penetration target by year-end.


IDT Corporation (IDT) Q4 2025 Earnings Call Transcript

- **Revenue Surge**: 133% YoY EBITDA growth to $121M, driven by NRS (37% merchant services), BOSS Money (27% transactions), and net2phone's 50% EBITDA jump.
- **AI Expansion**: net2phone AI Agents adopted by call centers, doctors' offices, and SMBs; 'Coach' service launch imminent.
- **Profit Optimization**: BOSS Money digital sends +40% YoY, testing dynamic pricing for larger remittances.
- **Cash Strength**: $224M cash, balanced between buybacks and M&A (e.g., restaurant tech acquisition).
- **Risk Management**: NRS ad revenue -12% YoY (proactive client risk), but other ad partners growing +10% YoY.

**【CEO Opening Remarks】**
- **Revenue Growth**: Q3 revenue growth of 133% YoY driven by NRS (23% YoY), BOSS Money (25% YoY), and net2phone's 7% subscription revenue increase.
- **Segment Highlights**: 
  - **NRS**: Merchant services revenue +37%, SaaS fees +33%, 12-month adjusted EBITDA of $32M.
  - **BOSS Money**: Transactions up 27%, digital send volume +40% YoY, targeting 15-20% EBITDA margin.
  - **net2phone**: AI Agents adoption across call centers, doctors' offices, and accounting firms; Q3 EBITDA +50% to $3.2M.
  - **Traditional Communications**: EBITDA +30% YoY to $19.3M, confirmed as long-term cash generator.
- **Future Focus**: Integrating online delivery platforms for NRS retailers (100+ signed, 2,000 weekly orders), AI-powered 'Coach' service launch, and selective M&A (e.g., restaurant tech acquisition).

**【CFO Financial Insights】**
- **Key Metrics**: 
  - Consolidated EBITDA +57% YoY to $121M (vs. H1 $63M), EPS +290% YoY.
  - Gross margin record high at 37.1%, NRS margin 30.5%, BOSS Money margin 13%.
  - Cash +$53M QoQ to $224M, driven by BOSS Money working capital cycle.
- **Segment Performance**: 
  - **NRS**: Advertising revenue -12% YoY (proactive client risk management), SaaS fees offsetting with +33% growth.
  - **BOSS Money**: Digital sends >80% of remittances, optimizing gross profit per transaction in retail channel.
  - **net2phone**: Constant currency revenue +11%, SG&A -10% YoY, EBITDA margin 15%.
  - **Traditional Communications**: Gross profit +5% YoY, SG&A -9.5% YoY.
- **Capital Allocation**: Share buybacks ($6M in Q3) balanced with M&A opportunities in attractive valuations.

**【Q&A Key Takeaways】**
- **NRS Strategy**: New salesforce driving merchant services growth, no shift to higher-cost terminals; NRS Pay accounts at record levels.
- **net2phone AI**: Primarily serving existing customers (call centers, SMBs), targeting 15-20% EBITDA margin with scale.
- **BOSS Money Profitability**: Testing dynamic pricing for larger transactions, exploring stablecoins and in-country wallets.
- **Ad Business Risk**: 1 large programmatic client now <5% of ad revenue, others growing +10% YoY.
- **M&A Appetite**: Actively evaluating acquisitions with clear value accretion, no debt-financed buybacks.

IDT Corporation (IDT) Q3 2025 Earnings Conference Call Transcript

- **Record EBITDA Growth**: Q2 adjusted EBITDA of $34 million sets up for 40%+ YoY growth, driven by NRS (32% rev growth) and BOSS Money (5.7M transactions).
- **AI-Driven Efficiency**: Net2phone's virtual AI agent slashes costs, while traditional comms EBITDA hits $20M (19% YoY).
- **Shareholder Returns**: 20% dividend hike & $8.5M share buybacks highlight cash strength, despite Q2 cash flow timing quirks.
- **Balanced Growth Strategy**: BOSS Money prioritizes profitable digital expansion, while NRS invests in SaaS features like DoorDash integration.


**【CEO Summary Section】**
- **NRS & BOSS Money Growth**: NRS achieved 32% recurring revenue growth, while BOSS Money transaction volume reached an all-time high of 5.7 million. Both businesses drove Fintech segment gross profit to $22 million.
- **AI Integration Success**: Net2phone's virtual AI agent was well-received, reducing costs and enhancing customer interactions. AI-driven solutions are expected to add value across client functions.
- **Dividend & Share Repurchase**: The Board increased the quarterly dividend by 20% and repurchased 179,000 shares ($8.5 million) in Q2, reflecting confidence in cash generation.

**【CFO Financial Commentary】**
- **Consolidated Performance**: Adjusted EBITDA reached a record $34 million, with the traditional communications segment generating $20 million (19% YoY increase). Full-year EBITDA is expected to grow ~40% YoY.
- **Segment Breakdown**: 
  - **NRS**: $10 million+ EBITDA, $310 recurring revenue per terminal.
  - **BOSS Money**: 35% GP growth, 80% digital transactions.
  - **Net2phone**: 14% constant-currency subscription growth, 55% EBITDA margin expansion.
- **Cash Management**: Q2 operating cash flow was $7 million (vs. $25 million YoY), driven by BOSS Money's working capital needs. Q3 is expected to show higher cash levels due to timing dynamics.

**【Q&A Key Takeaways】**
- **NRS Expansion**: 6,000 terminal target remains on track; international expansion via acquisition is a long-term possibility.
- **BOSS Money Strategy**: Balancing growth with profitability by optimizing retail channel GP. Digital channel margins remain strong (80%+ of transactions).
- **Net2phone Outlook**: Larger deal pipeline and AI investment poised to drive second-half performance, despite currency headwinds.
- **Regulatory Impact**: No material slowdown from immigration policies; NRS same-store sales +3.5% YoY in February.


IDT (IDT)-6 Mar 25-2025 Q2 Earnings call transcript

IDT (IDT)-4 Dec 24-2025 Q1 Earnings call transcript

IDT (IDT)-8 Oct 24-2024 Q4 Earnings call transcript

IDT Corp. - Ordinary Shares (IDT)-5 Jun 24-2024 Q3 Earnings call transcript

IDT Corp. - Ordinary Shares (IDT)-6 Mar 24-2024 Q2 Earnings call transcript

- **Gross Margin Expansion**: 370 basis points YoY driven by high-growth businesses.
- **Marketing Efficiency**: $4M quarterly spend on digital marketing with focus on retail agent education.
- **Operational Scale**: Fixed SG&A controlled, variable costs tied to platform growth. ARPU improvements expected from CCaaS adoption.
- **Customer Growth**: 55% YoY retail money transfer growth, 31% digital channel expansion. 12,000-13,000 net2phone seats added Q1 2024.

**【CEO Remarks】**
- **Revenue Growth**: High-growth businesses (BOSS Money, NRS, net2phone) drove a 370 basis point year-over-year increase in gross profit margin. BOSS Money's retail channel revenue grew 55% YoY, while digital channel revenue increased 31% YoY.
- **Strategic Investments**: Expanded retail agent network by nearly 50% in FY23, with 1,800 agents onboarding. Digital marketing spend of ~$4 million quarterly to educate market on money transfer capabilities.
- **Operational Efficiency**: Streamlined overhead in Traditional Communications to preserve cash flow despite top-line declines. Net2phone generated $1.4 million adjusted EBITDA and was near cash flow positive.
- **Customer Acquisition**: Focus on low-cost onboarding of BOSS Money customers through retail agents, with payback period tied to transaction volume (e.g., 150/month threshold).

**【Q&A Highlights】**
- **SG&A Management**: Fixed SG&A kept stable despite growth, with variable costs tied to platform deployments (e.g., net2phone IP phones). NRS commissions and marketing drive scalability.
- **Contract Dynamics**: Most customers billed monthly with 1-3 year contracts. Deferred revenue limited to ~1 month. ARPU improvements expected from CCaaS adoption (7-8x higher than standard customers).
- **Backlog & Migration**: Customer migration time varies from 1-2 days to 2 months. Backlog minimal due to monthly billing structure. Q1 2024 added ~12,000-13,000 net2phone seats.
- **M&A Activity**: Small, immaterial acquisitions focused on NRS, no material outflows expected.

Actual																									0.67	0.38	0.57	0.71	0.84	0.9	0.76	0.94	1
Forecast																															0.91	0.88	0.9
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-16.48%	+6.82%	+11.11%

Actual	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	296.10M	299.64M	308.80M	309.57M	303.35M	301.99M	316.60M	322.75M	320.52M
Forecast	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	310.00M	308.00M	302.00M
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+2.13%	+4.79%	+6.13%

IDT

IDT fundamentals

IDT Q2 2026 Earnings

Earnings Call

You can ask Aime

IDT

IDT fundamentals

IDT Q2 2026 Earnings

Earnings Call

IDT Earnings Call Summary for Q2/20265:30 PM on Mar 10, 2026

IDT Earnings Call Summary for Q1/20265:30 PM on Dec 4, 2025

IDT Earnings Call Summary for Q4/20255:30 PM on Sep 29, 2025

IDT Earnings Call Summary for Q3/20255:00 PM on Jun 5, 2025

IDT Earnings Call Summary for Q2/20255:30 PM on Mar 6, 2025

You can ask Aime