IDT Corporation Reports First Quarter Fiscal Year 2021 Results

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IDT Corp. (IDT) Reports Q1 EPS of $0.35 on Revenues of $343M

December 3, 2020 4:34 PM EST

IDT Corp. (NYSE: IDT) reported Q1 EPS of $0.35, versus $0.10 reported last year. Revenue for the quarter came in at $343 million, versus $340 million reported last year.

1Q FY21 HIGHLIGHTS (Results are for 1Q21 and are compared to 1Q20)

Consolidated revenue increased 1% to $343 million from $340 million.Consolidated revenue less direct cost of revenue increased 16% to $70 million from $61 million, the fifth consecutive year-over-year quarterly increase.BOSS Revolution Money Transfer,... More