IDT Reports Q1 Revenue of $322.8M, Exceeding Expectations
Reports Q1 revenue $322.8M, consensus $300M. "IDT delivered consolidated revenue growth and record levels of gross profit and adjusted EBITDA in the first quarter. NRS led the top-line expansion, while all three of our growth segments reported strong bottom-line results. Our traditional communications segment again provided steady cash generation. NRS recurring revenue increased 22% year-over-year, helping to drive a 35% increase in income from operations and a 33% increase in Adjusted EBITDA. This quarter we continued to launch and build-out innovative premium services - delivery integrations, couponing, and product data scan programs to name a few. Our premium offerings are becoming important growth drivers, and factored into the large increase in average recurring revenue per terminal* this quarter. There is tremendous opportunity for additional, long-term growth through innovation both in NRS's current and in adjacent markets. At BOSS Money, our digital channel continues to outperform retail, and that trend may accelerate as implementation of the new federal excise tax on cash remittances begins on January 1st. The Fintech segment's income from operations and Adjusted EBITDA nearly doubled year-over-year, aided by BOSS Money's increasing operating leverage and the enhanced profitability of other, smaller Fintech initiatives. Our push to integrate tailored AI and machine learning into BOSS Money customer service and fraud detection activities have helped to significantly improve unit economics. Looking ahead, we will soon introduce the first generation of the BOSS Wallet, enabling our U.S. customers to share cash and receive rewards. During the quarter, net2phone began offering its AI agent to both our existing and new customers, and added our Coach AI solution at the quarter's end. Increasingly, our customers are ordering multiple net2phone offerings to enhance their operations and streamline workflows. As a result, we have pivoted from stand-alone product offerings to holistic solutions comprised of multiple offerings tailored to customers' communications and workflows. This approach plays to net2phone's product and distribution strengths, and we are very excited about the potential as we continue to add AI solutions. On a final note, the Delaware Supreme Court in a ruling issued yesterday affirmed the decision of the Court of Chancery dismissing all claims against IDT in the Straight Path class action suit, and we are very pleased that this case has now been favorably resolved," stated Shmuel Jonas, CEO of IDT Corp.
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NRS Reports 4.5% Year-over-Year Same-Store Sales Growth with $2.2 Billion in December Sales
- Same-Store Sales Growth: December 2025 same-store sales increased by 4.5% year-over-year, up from 3.8% in November, indicating a rebound in consumer spending that enhances the company's competitive position in the retail market.
- Unit Sales Increase: Units sold rose by 1.7% year-over-year, although there was a slight decline compared to November, the overall sales growth suggests sustained market demand, particularly in the convenience goods sector.
- Transaction Volume Changes: Baskets per store decreased by 0.5% year-over-year, reflecting consumer caution in shopping frequency, which may impact future sales strategies and promotional activities.
- Price Increase Trend: The dollar-weighted average price for the top 500 items rose by 2.3% year-over-year in December, and while inflationary pressures eased, the price increases could still affect consumer purchasing decisions.
Daily Upgrade Report for Validea's Joel Greenblatt Strategy - December 16, 2025
Amdocs Ltd Rating Update: Amdocs Ltd (DOX) received a rating upgrade from 0% to 80% based on its strong fundamentals and valuation, indicating significant interest from the Earnings Yield Investor model based on Joel Greenblatt's strategy.
IDT Corp Rating Update: IDT Corp (IDT) saw its rating increase from 80% to 90%, reflecting improved fundamentals and valuation, which suggests strong interest according to the same investment strategy.
Company Profiles: Amdocs provides software and services to communications and media companies, utilizing advanced technologies like AI and cloud computing, while IDT offers fintech and communication solutions, including payment processing and cloud services.
About Joel Greenblatt and Validea: Joel Greenblatt is known for his "Magic Formula" investment strategy, which has historically outperformed the market, and Validea is an investment research service that analyzes stocks based on the strategies of successful investors.
Upcoming Ex-Dividend Dates for Motorola Solutions, Iridium Communications, and IDT
Upcoming Ex-Dividend Dates: Motorola Solutions Inc (MSI), Iridium Communications Inc (IRDM), and IDT Corp (IDT) will trade ex-dividend on 12/15/25, 12/31/25, and 12/23/25 respectively, with dividends of $1.21, $0.15, and $0.06.
Expected Price Adjustments: Following the ex-dividend dates, shares of MSI, IRDM, and IDT are expected to open lower by approximately 0.33%, 0.80%, and 0.12% respectively.
Dividend Yields: The estimated annualized dividend yields are 1.31% for MSI, 3.18% for IRDM, and 0.48% for IDT, indicating varying levels of return for investors.
Current Trading Performance: As of Thursday trading, MSI shares are down 0.2%, while IRDM and IDT shares have increased by 6.2% and 2.7% respectively.
NRS Reports 3.8% YoY Same-Store Sales Growth with $2.07 Billion in Transactions
- Sales Growth: In November 2025, NRS reported a 3.8% year-over-year increase in same-store sales, although it decreased by 0.7% compared to October, indicating market volatility and consumer spending resilience.
- Transaction Volume Increase: The NRS platform processed approximately $2.07 billion in sales in November, a 14% year-over-year increase, demonstrating the continued strong performance of independent retailers in key convenience categories.
- Unit Sales Fluctuation: Units sold increased by 0.9% year-over-year but decreased by 0.9% compared to October, reflecting changes in consumer purchasing behavior and heightened market competition.
- Price Inflation: The average price of the top 500 items rose by 3.1% year-over-year in November, slightly up from 3.0% in October, indicating ongoing inflationary pressures that may influence consumer purchasing decisions.
IDT Reports 1Q26 Revenue Growth with Adjusted EBITDA Reaching $37.9 Million
- Significant Revenue Growth: IDT's revenue for Q1 FY2026 increased by 4% year-over-year to $322.8 million, primarily driven by strong performances in the NRS, Fintech, and net2phone segments, showcasing the company's success in diversifying its revenue streams.
- Record Adjusted EBITDA: Adjusted EBITDA rose by 26% to $37.9 million, reflecting ongoing improvements in operational efficiency and cost control, which further enhances investor confidence in the company's profitability.
- Outstanding NRS Performance: NRS's recurring revenue grew by 22% year-over-year to $35.3 million, driving a 35% increase in operating income to $8.9 million, indicating significant success in the company's retail market expansion strategy.
- Strong Fintech Recovery: The Fintech segment's operating income surged by 97% to $6.4 million, fueled by rapid growth in the BOSS Money digital channel, demonstrating the company's innovative capabilities and market adaptability in the fintech sector.
IDT Corp. Reports Rise in Q1 Earnings
Earnings Growth: IDT Corp. reported a profit of $22.362 million, or $0.89 per share, for the first quarter, an increase from $17.249 million, or $0.68 per share, in the same period last year.
Adjusted Earnings: Excluding certain items, the company’s adjusted earnings were $23.6 million, or $0.94 per share.
Revenue Increase: The company's revenue rose by 4.3% to $322.752 million, compared to $309.566 million in the previous year.
Earnings Summary: Key figures include earnings of $22.362 million, EPS of $0.89, and revenue of $322.752 million, all showing positive growth from last year.
NRS Reports 4.5% Year-over-Year Same-Store Sales Growth with $2.2 Billion in December Sales
- Same-Store Sales Growth: December 2025 same-store sales increased by 4.5% year-over-year, up from 3.8% in November, indicating a rebound in consumer spending that enhances the company's competitive position in the retail market.
- Unit Sales Increase: Units sold rose by 1.7% year-over-year, although there was a slight decline compared to November, the overall sales growth suggests sustained market demand, particularly in the convenience goods sector.
- Transaction Volume Changes: Baskets per store decreased by 0.5% year-over-year, reflecting consumer caution in shopping frequency, which may impact future sales strategies and promotional activities.
- Price Increase Trend: The dollar-weighted average price for the top 500 items rose by 2.3% year-over-year in December, and while inflationary pressures eased, the price increases could still affect consumer purchasing decisions.
Daily Upgrade Report for Validea's Joel Greenblatt Strategy - December 16, 2025
Amdocs Ltd Rating Update: Amdocs Ltd (DOX) received a rating upgrade from 0% to 80% based on its strong fundamentals and valuation, indicating significant interest from the Earnings Yield Investor model based on Joel Greenblatt's strategy.
IDT Corp Rating Update: IDT Corp (IDT) saw its rating increase from 80% to 90%, reflecting improved fundamentals and valuation, which suggests strong interest according to the same investment strategy.
Company Profiles: Amdocs provides software and services to communications and media companies, utilizing advanced technologies like AI and cloud computing, while IDT offers fintech and communication solutions, including payment processing and cloud services.
About Joel Greenblatt and Validea: Joel Greenblatt is known for his "Magic Formula" investment strategy, which has historically outperformed the market, and Validea is an investment research service that analyzes stocks based on the strategies of successful investors.
Upcoming Ex-Dividend Dates for Motorola Solutions, Iridium Communications, and IDT
Upcoming Ex-Dividend Dates: Motorola Solutions Inc (MSI), Iridium Communications Inc (IRDM), and IDT Corp (IDT) will trade ex-dividend on 12/15/25, 12/31/25, and 12/23/25 respectively, with dividends of $1.21, $0.15, and $0.06.
Expected Price Adjustments: Following the ex-dividend dates, shares of MSI, IRDM, and IDT are expected to open lower by approximately 0.33%, 0.80%, and 0.12% respectively.
Dividend Yields: The estimated annualized dividend yields are 1.31% for MSI, 3.18% for IRDM, and 0.48% for IDT, indicating varying levels of return for investors.
Current Trading Performance: As of Thursday trading, MSI shares are down 0.2%, while IRDM and IDT shares have increased by 6.2% and 2.7% respectively.
NRS Reports 3.8% YoY Same-Store Sales Growth with $2.07 Billion in Transactions
- Sales Growth: In November 2025, NRS reported a 3.8% year-over-year increase in same-store sales, although it decreased by 0.7% compared to October, indicating market volatility and consumer spending resilience.
- Transaction Volume Increase: The NRS platform processed approximately $2.07 billion in sales in November, a 14% year-over-year increase, demonstrating the continued strong performance of independent retailers in key convenience categories.
- Unit Sales Fluctuation: Units sold increased by 0.9% year-over-year but decreased by 0.9% compared to October, reflecting changes in consumer purchasing behavior and heightened market competition.
- Price Inflation: The average price of the top 500 items rose by 3.1% year-over-year in November, slightly up from 3.0% in October, indicating ongoing inflationary pressures that may influence consumer purchasing decisions.
IDT Reports 1Q26 Revenue Growth with Adjusted EBITDA Reaching $37.9 Million
- Significant Revenue Growth: IDT's revenue for Q1 FY2026 increased by 4% year-over-year to $322.8 million, primarily driven by strong performances in the NRS, Fintech, and net2phone segments, showcasing the company's success in diversifying its revenue streams.
- Record Adjusted EBITDA: Adjusted EBITDA rose by 26% to $37.9 million, reflecting ongoing improvements in operational efficiency and cost control, which further enhances investor confidence in the company's profitability.
- Outstanding NRS Performance: NRS's recurring revenue grew by 22% year-over-year to $35.3 million, driving a 35% increase in operating income to $8.9 million, indicating significant success in the company's retail market expansion strategy.
- Strong Fintech Recovery: The Fintech segment's operating income surged by 97% to $6.4 million, fueled by rapid growth in the BOSS Money digital channel, demonstrating the company's innovative capabilities and market adaptability in the fintech sector.
IDT Corp. Reports Rise in Q1 Earnings
Earnings Growth: IDT Corp. reported a profit of $22.362 million, or $0.89 per share, for the first quarter, an increase from $17.249 million, or $0.68 per share, in the same period last year.
Adjusted Earnings: Excluding certain items, the company’s adjusted earnings were $23.6 million, or $0.94 per share.
Revenue Increase: The company's revenue rose by 4.3% to $322.752 million, compared to $309.566 million in the previous year.
Earnings Summary: Key figures include earnings of $22.362 million, EPS of $0.89, and revenue of $322.752 million, all showing positive growth from last year.
