Overview
IDT fiscal Q1 revenue grows 4% yr/yr to $322.8 mln
Record levels of consolidated gross profit and Adjusted EBITDA achieved
Outlook
IDT maintains FY 2026 adjusted EBITDA guidance at $141-$145 mln
Company to introduce BOSS Wallet for U.S. customers soon
New federal excise tax on cash remittances may impact BOSS Money
Result Drivers
NRS RECURRING REVENUE - Co attributes 22% increase in recurring revenue to premium service offerings and higher average recurring revenue per terminal
BOSS MONEY DIGITAL CHANNEL - Fintech segment's growth driven by BOSS Money digital channel outperforming retail
NET2PHONE SUBSCRIPTION REVENUE - Subscription revenue growth driven by increased seats and strategic investments in AI product development
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Adjusted EPS | $0.94 | $0.88 (1 Analyst) | |
Q1 EPS | $0.89 | ||
Q1 Net Income | $22.30 mln | ||
Q1 Adjusted EBITDA | $37.90 mln | ||
Q1 Operating Income | $30.90 mln |
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the integrated telecommunications services peer group is "hold."
Wall Street's median 12-month price target for IDT Corp is $80.00, about 59.8% above its December 3 closing price of $50.05
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release: ID:nGNXcgh0xd
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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