IDT Corp. (IDT) reported a profit for its first quarter that Increases, from the same period last year
The company's bottom line came in at $22.362 million, or $0.89 per share. This compares with $17.249 million, or $0.68 per share, last year.
Excluding items, IDT Corp. reported adjusted earnings of $23.6 million or $0.94 per share for the period.
The company's revenue for the period rose 4.3% to $322.752 million from $309.566 million last year.
IDT Corp. earnings at a glance (GAAP) :
-Earnings: $22.362 Mln. vs. $17.249 Mln. last year.-EPS: $0.89 vs. $0.68 last year.-Revenue: $322.752 Mln vs. $309.566 Mln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.