Shares of the communications and payment services provider IDT Corp. (IDT) are currently trading at $9.39, up $2.51 or 36.48% Friday morning. Trading volume is soaring over 1.76 million versus an average volume of 82K shares.
The company reported fourth-quarter net income of $21.5 million or $0.82 per share, up from $1.6 million or $0.06 per share last year. Adjusted earnings rose to $0.62 per share from $0.15 per share. Revenues grew to $360.3 million from $356.1 million.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.