IDT Co.

IDT highlighted stronger margins, a debt-free balance sheet and growing growth divisions at the Midwest IDEAS Conference. The three margin-rich units—National Retail Solutions, BOSS Money and net2phone—account for about one third of revenue but two thirds of gross profit and lifted the adjusted EBITDA margin to a record 11.9%. IDT reports last 12 months' revenue of $1.3 billion, adjusted EBITDA of $147 million, $251 million in cash and no debt; $26 million was recently returned to shareholders via buybacks and dividends. Spin-offs are mentioned as an option but will only be considered once there is greater scale and favorable capital market conditions. » More on de.investing.com

IDT shares rose to a new 52-week high of $69.22 after year-to-date gains of about 34% and a 35% return over the past six months. In the third fiscal quarter, earnings per share were $0.94 (estimate $0.92) and revenue was $315.7 million (estimate $303 million). The revolving credit facility for IDT Telecom was increased to $50 million in certain months and extended through July 15, 2029; additional subsidiaries were added as guarantors. » More on de.investing.com

IDT Corporation said that subsidiary IDT Telecom amended its revolving credit agreement with TD Bank: the credit limit will be $50 million in May and December and $25 million in the other months. The term was extended through July 15, 2029. Additional guarantors such as National Retail Solutions and IDT Payment Services were added, and the facility remains secured by the assets of the participating group companies. According to the balance sheet, IDT has more cash than debt, a debt ratio of zero and a current ratio of 1.92; the company most recently beat Q3‑2026 expectations for revenue and EPS. » More on de.investing.com