IDT Corp. (IDT) Reports Q2 EPS of $0.11 on Revenues of $323.9M

IDT Corp. (NYSE: IDT) reported Q2 EPS of $0.11, versus $0.04 reported last year. Revenue for the quarter came in at $323.9 million, versus $349.5 million reported last year.

"During the second quarter, we continued to invest in our higher growth and higher margin businesses, including net2phone, National Retail Solutions and BOSS Revolution Money Transfer, while maximizing the cash generation from our core offerings.

"And once again this quarter, the growth capital for our higher growth businesses was provided from cash generated by our core offerings.

"The second quarter\'s financial results reflect the increasing positive margin impact of these newer businesses, as well as the stable contribution from our legacy core offerings."

For earnings history and earnings-related data on IDT Corp. (IDT) click here.

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