IDT Q2 FY2026 net2phone operating income rises 96% to USD 2.2 million, Non-GAAP EPS climbs 19% to USD 1.00

Reuters03-11
IDT <a href="https://laohu8.com/S/QTWO">Q2</a> FY2026 net2phone operating income rises 96% to USD 2.2 million, Non-GAAP EPS climbs 19% to USD 1.00

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).

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