IDT IDT Corp. - Ordinary Shares - Class B

$IDT — In Q3, management left the net2phone spin-off door open ("becoming more appealing to possibly do something") and logged NRS's first international terminal in Colombia as a milestone worth its own analyst question. In Q4: neither topic appears. The buyback fell from $4M to $2M in IDT's self-described strongest quarter of the year, without explanation. NRS also retired its recurring-revenue-per-terminal KPI before disclosing what replaces it. What delivered: Fintech gross margin +650bps to 66%, growth-segment EBITDA now 53% of consolidated, Mexico corridor share up from just under 2% to just under 3%. #TheGapReport

$IDT Q4 '26 Earnings Results & Recap • Reported GAAP EPS of $0.94 up 23.68% YoY • Reported revenue of $338.98M up 7.07% YoY • For FY 2027, IDT Corporation expects consolidated gross profit of $545M to $555M and Adjusted EBITDA of $176M to $180M, with each operating segment contributing to Adjusted EBITDA growth.

$IDT Earnings pre-mortem. IDT reports fiscal Q4 after the close Monday. Consensus is 0.98 a share on 319 million in revenue (MarketBeat). Underneath the legacy wholesale telecom business sit three high-margin growth engines: NRS point-of-sale, BOSS Money remittances, and net2phone cloud communications. They grew revenue 17% last quarter and are now 34% of the total, up from 30% a year ago. One level down: the line item I am watching is BOSS Money digital revenue. It accelerated sequentially last quarter as IDT picked up market share following implementation of the new federal remittance tax. A regulatory headwind for the industry is a tailwind for IDT. Also on the watchlist: NRS revenue per terminal, up about 10% last quarter on merchant services and SaaS fees, and whether net2phone holds its record 17% adjusted EBITDA margin with 441,000 seats.