IDT (NYSE:IDT) Posts Earnings Results

Market Beat
2026.03.11 15:28
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IDT (NYSE:IDT) reported quarterly earnings of $1.00 EPS, surpassing estimates of $0.90. The company achieved revenue of $320.52 million, exceeding the $302 million forecast. IDT raised its fiscal 2026 adjusted EBITDA guidance to $147–$149 million. The firm increased its annual dividend by 17% to $0.28 and repurchased $15 million in stock. Despite a midday trading drop to $48.95, IDT maintains a market cap of $1.23 billion. Analysts currently rate IDT as a "Hold" with some recent insider selling activity noted.