IDT Corporation Reports Third Quarter Fiscal Year 2019 Results

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Go back to IDT Corporation Reports Third Quarter Fiscal Year 2019 Results

IDT Corp. (IDT) Reports Q3 EPS of $0.20 on Revenues of $365.4M

June 5, 2019 4:32 PM EDT

IDT Corp. (NYSE: IDT) reported Q3 EPS of $0.20, versus $0.07 reported last year. Revenue for the quarter came in at $341.3 million, versus $365.4 million reported last year.

Revenue decreased to $341.3 million from $365.4 million;Revenue less direct cost of revenue increased to $58.5 million from $58.2 million. Increased margin contributions from IDT's growth initiatives more than offset the margin impact of decreased revenue from IDT's core offerings;Income from operations... More