IDT Reports Strong Q3 Results, Raises Full-Year Adjusted EBITDA Guidance
IDT sits 20% above its 52-week low of $45.72.
Summary
IDT Corporation announced strong fiscal Q3 2026 earnings, with notable growth across its core segments and an increased full-year Adjusted EBITDA forecast, reinforcing a positive financial trajectory.
Key Events · Earnings and Guidance · IDT
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Strong Q3 Financial Performance
Consolidated revenue increased 5% to $315.7 million, gross profit rose 9% to $122.5 million, and Adjusted EBITDA grew 13% to $37.5 million year-over-year.
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Raised Full-Year Guidance
IDT increased its fiscal year 2026 Adjusted EBITDA guidance to $150-$152 million, up from the previous $147-$149 million, reflecting improved profitability expectations.
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Growth in Key Segments
National Retail Solutions (NRS) income from operations surged 33%, Fintech segment income from operations increased 29%, and net2phone's income from operations jumped 76%.
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Share Repurchase Program
The company repurchased approximately 84,000 shares of its Class B common stock for $4.0 million during the quarter, continuing its capital return efforts.
Analysis · IDT · Technology
IDT Corporation delivered robust third-quarter fiscal 2026 results, driven by significant growth in its high-margin NRS, Fintech, and net2phone segments. The company's decision to raise its full-year Adjusted EBITDA guidance signals strong operational momentum and a positive outlook for profitability, which is a key indicator for investors.
At the time of this filing, IDT was trading at $55.00 on NYSE in the Technology sector, with a market capitalization of approximately $1.4B. The 52-week trading range was $45.72 to $71.12. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.