IDT Corporation Schedules Q1 FY2025 Earnings Release and Conference Call

IDT Corporation will report Q1 fiscal year 2025 results on December 4, 2024, followed by a conference call.

Quiver AI Summary

IDT Corporation has announced that it will release its financial and operational results for the first quarter of fiscal year 2025, covering the period ending October 31, 2024, on December 4, 2024. The earnings release will be available on IDT's investor relations website around 4:30 PM Eastern, followed by a conference call at 5:30 PM Eastern where management will discuss the results and answer investor questions. Participants can join the call using specified phone numbers and access codes. A replay of the call will be offered for several weeks after the event. IDT Corporation provides a range of fintech and communication solutions through various business units, aimed at enhancing operational efficiency and facilitating international remittances and communications.

Potential Positives

IDT Corporation is set to report its financial and operational results for Q1 FY 2025 on December 4, 2024, indicating transparency and commitment to regular updates for investors.
The scheduled earnings conference call demonstrates proactive engagement with investors, allowing for direct communication and Q&A regarding the company's performance.
The availability of a replay for the earnings call and streaming audio increases accessibility for investors, showcasing a focus on investor relations.

Potential Negatives

The press release does not include any financial forecasts or expectations regarding the company's performance for the upcoming quarter, which may raise concerns about transparency or the state of the business.
There is a notable lack of context or updates on how the company is navigating current market challenges or economic conditions, which could leave investors feeling uncertain about the company's strategic direction.
The scheduled earnings release could indicate a delay in transparency if expected results are not disclosed timely, potentially impacting investor confidence.

FAQ

When will IDT Corporation announce its Q1 fiscal year 2025 results?

IDT Corporation will report its Q1 fiscal year 2025 results on December 4, 2024.

What time does IDT's earnings conference call start?

The earnings conference call will begin at 5:30 PM Eastern on December 4, 2024.

How can I listen to the IDT earnings conference call?

You can listen by dialing 1-888-506-0062 (US) or 1-973-528-0011 (international) with access code 335618.

Will a replay of the earnings call be available?

Yes, a replay will be available approximately three hours after the call and accessible until December 18, 2024.

Where can I find IDT's financial and operational results?

IDT's earnings release will be posted on their investor relations website at approximately 4:30 PM Eastern.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$IDT Insider Trading Activity

$IDT insiders have traded $IDT stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $IDT stock by insiders over the last 6 months:

JOYCE J MASON (EVP and Corporate Secretary) has traded it 4 times. They made 0 purchases and 4 sales, selling 13,429 shares.
MENACHEM ASH (EVP of Strategic&Legal Affairs) sold 6,557 shares.
BILL PEREIRA (COO & President) sold 29,175 shares.
MARCELO FISCHER (Chief Financial Officer) has traded it 3 times. They made 0 purchases and 3 sales, selling 2,406 shares.
ERIC F. COSENTINO sold 800 shares.
NADINE SHEA (EVP of GLOBAL HUMAN RESOURCES) sold 500 shares.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$IDT Hedge Fund Activity

We have seen 69 institutional investors add shares of $IDT stock to their portfolio, and 72 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ALMANACK INVESTMENT PARTNERS, LLC. removed 12,580,530 shares (-100.0%) from their portfolio in Q3 2024
ORCHARD CAPITAL MANAGEMENT, LLC removed 263,960 shares (-93.4%) from their portfolio in Q3 2024
ALTA FOX CAPITAL MANAGEMENT, LLC added 166,341 shares (+116.5%) to their portfolio in Q3 2024
FIRST TRUST ADVISORS LP removed 56,201 shares (-100.0%) from their portfolio in Q3 2024
J. GOLDMAN & CO LP removed 55,116 shares (-100.0%) from their portfolio in Q2 2024
CERITY PARTNERS LLC added 52,532 shares (+121.7%) to their portfolio in Q3 2024
NORGES BANK added 45,700 shares (+inf%) to their portfolio in Q2 2024

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Full Release

NEWARK, NJ, Nov. 22, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, has scheduled its report of financial and operational results for the first quarter fiscal year 2025 (the three months ended October 31, 2024) on Wednesday, December 4, 2024.

IDT’s earnings release will be issued and posted on the IDT investor relations website ( https://www.idt.net/investors-and-media ) at approximately 4:30 PM Eastern.

IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and provide the following access code: 335618).

A replay of the conference call will be available approximately three hours after the call concludes through December 18, 2024. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 51571. The replay will also be accessible via streaming audio at the IDT investor relations website .

ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

Contact :
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: [email protected]

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