Form 8-K IDT CORP For: Dec 08

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Go back to Form 8-K IDT CORP For: Dec 08

Chardan Capital Bumps PT on IDT (IDT) to $18; Money Remittance Business Remains Key Growth Driver

December 10, 2014 11:20 AM EST

Chardan Capital boosts its price target on IDT Corp. (NYSE: IDT) from $17 to $18 and maintains a Neutral rating on the stock following Q1 results.

Analyst Jay Srivatsa summarized:

IDT reported Q1:15 revenues of $412.9 million and non-GAAP EPS of $0.46. Revenues was shy of consensus estimate of $415 million while EPS was better than consensus by $0.04. Gross margins dropped by 30 bps sequentially to 16.7%.

Q1:15 TPS sales declines and IDT... More

IDT Corp. (IDT) Tops Q1 EPS by 4c

December 8, 2014 4:56 PM EST

IDT Corp. (NYSE: IDT) reported Q1 EPS of $0.46, $0.04 better than the analyst estimate of $0.42. Revenue for the quarter came in at $412.9 million versus the consensus estimate of $415 million.

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

... More