IDT Corp. (IDT) Reports Q2 EPS of $0.39

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IDT Corporation Reports Second Quarter Fiscal 2016 Results

March 3, 2016 4:30 PM EST

NEWARK, NJ -- (Marketwired) -- 03/03/16 --  IDT Corporation (NYSE: IDT) reported diluted earnings per share (EPS) of $0.18 and Non-GAAP diluted EPS* of $0.39 on revenue of $382.5 million for the second quarter of its fiscal year 2016, the three months ended January 31, 2016. 

2Q16 HIGHLIGHTS 

(Results for 2Q16 are compared to 2Q15)

Consolidated revenue decreased to $382.5 million from $394.2 million primarily as a result of reduced traffic on the US to Mexico... More