IDT Corporation Reports $21.7M Net Income for 3Q25; Adjusted EBITDA Highlights Operational Strengths

Reuters
2025/06/06
IDT Corporation Reports $21.7M Net Income for 3Q25; Adjusted EBITDA Highlights Operational Strengths

IDT Corporation recently disclosed its financial results for the third quarter of fiscal year 2025. The company reported a significant increase in net income attributable to IDT Corporation, amounting to $21.7 million, up from $5.6 million in the same quarter of the previous year. This represents a notable improvement in the company's profitability. Adjusted figures also showed progress, with Non-GAAP net income reaching $22.7 million, compared to $9.7 million in the third quarter of 2024. Earnings per share $(EPS)$ on a Non-GAAP basis were reported at $0.90 for both basic and diluted shares, compared to $0.38 in the previous year's third quarter. The company's adjustments included stock-based compensation, severance expenses, and other operating expenses, which were accounted for in the Non-GAAP net income calculation. IDT's management uses these non-GAAP measures to provide investors with additional insights into the company's core operating performance. No specific outlook or guidance for future periods was provided in the financial report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IDT Corporation published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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