IDT Corporation Reports Second Quarter Fiscal Year 2019 Results
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IDT Corp. (IDT) Reports Q2 EPS of $0.04 on Revenues of $58.3M
March 7, 2019 4:38 PM ESTIDT Corp. (NYSE: IDT) reported Q2 EPS of $0.04, versus $0.00 reported last year. Revenue for the quarter came in at $58.3 million, versus $58.7 million reported last year.
Consolidated Results
Revenue less direct cost of revenue decreased to $58.3 million from $58.7 million;Income from operations increased to $1.5 million from a loss from operations of $480 thousand;Adjusted EBITDA* increased to $7.4 million from $6.3 million;EPS of $0.01 compared to $0.06;Non-GAAP EPS increased to $0.04 from $0.00.Growth Initiatives
net2phone's unified communications as a service (UCaaS) revenue increased 86% to $6.0 million including Versature, the Canadian UCaaS provider... More