Q3 2026 IDT Corp Earnings Call Transcript
Key Points
- IDT Corp (IDT) reported a 5% increase in consolidated revenue to $315.7 million, with gross profit growing 9% to $122.5 million.
- The company raised its full-year FY26 adjusted EBITDA guidance to $150 million to $152 million, representing a 15% growth at the midpoint over fiscal year 2025.
- NRS recurring revenue grew 22% year-over-year, with monthly average recurring revenue per terminal increasing approximately 10%.
- Digital transactions grew 20% year-over-year, and digital send volume increased by 40%, indicating strong growth in the digital channel.
- IDT Corp (IDT) ended the quarter with $251 million in cash, cash equivalents, and current debt and equity securities, maintaining a debt-free balance sheet.
- The Traditional Communications segment's revenue slightly declined, although it remains a reliable cash generator.
- Increased competition in the NRS segment has affected new sign-ups, indicating potential challenges in maintaining growth.
- The company is facing challenges in the advertising industry, which has been difficult due to the rise of streaming services.
- Despite growth, the company is cautious about expanding into new verticals, focusing instead on strengthening existing ones.
- IDT Corp (IDT) is seeing more competition in the point-of-sale market, which could impact its market share and growth prospects.
Good evening. Welcome to the IDT Corporation's third quarter fiscal-year 2026 earnings conference call. (Operator Instructions) Please note, this conference call is being recorded.
I will now turn the call over to Bill Ulrey of IDT Investor Relations. Bill, you may begin.
Thank you, John. In today's presentation, IDT's Chief Executive Officer, Shmuel Jonas; and Chief Financial Officer, Marcelo Fischer, will discuss IDT's financial and operational results for the three months ended April 30, 2026. After their remarks, they will take your questions.
Any forward-looking statements made during this conference call, either in their remarks or during the Q&A that follows, whether general or specific in nature, are subject to risks and uncertainties that may cause actual results to differ materially from those, which the company anticipates. These risks and uncertainties include, but are not limited to, specific risks and uncertainties discussed in the reports
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
