IDT reported fiscal Q2 revenue of USD 320.52 million, up 6%, and gross profit of USD 121.28 million, up 8%. Fiscal Q2 GAAP EPS was USD 0.84 and non-GAAP EPS was USD 1.00, up USD 0.16. Fiscal Q2 adjusted EBITDA was USD 38 million, up 9%, while income from operations was USD 27.25 million. In fiscal Q2, NRS revenue was USD 39.4 million, up 19%, and Fintech segment revenue was USD 41.2 million, up 12%, as BOSS Money digital transactions rose 17% while retail-channel transactions fell 4% following the Jan. 1 implementation of a federal remittance tax on mainly cash-originated transfers. IDT raised FY2026 adjusted EBITDA guidance to USD 147-149 million and said it repurchased 149,000 shares for USD 7.4 million in fiscal Q2, while the board increased the annual dividend 17% to USD 0.28 per share (USD 0.07 quarterly).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT Corporation published the original content used to generate this news brief on March 10, 2026, and is solely responsible for the information contained therein.
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