IDT Corp. (IDT) Issues Earnings Results
IDT Corp. (NYSE:IDT) announced its quarterly earnings results on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter. IDT Corp. had a net margin of 0.90% and a return on equity of 20.78%. The firm earned $368.10 million during the quarter, compared to analysts’ expectations of $405.80 million.
IDT Corp. (NYSE:IDT) traded down 0.99% on Wednesday, hitting $15.94. 64,872 shares of the company’s stock were exchanged. The stock has a market cap of $367.08 million, a P/E ratio of 26.74 and a beta of 0.86. IDT Corp. has a 52-week low of $10.76 and a 52-week high of $16.57. The firm has a 50 day moving average price of $14.85 and a 200-day moving average price of $14.92.
About IDT Corp.
IDT Corporation is a holding company with operations primarily in the telecommunications and payment industries. The Company operates through segments, including Telecom Platform Services, Consumer Phone Services and All Other. The Company’s Telecom Platform Services segment provides retail telecommunications and payment offerings, as well as wholesale international long distance traffic termination.
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