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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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.