IDT Q4 Adj $0.57 Up From $0.36 YoY, Sales $308.80M Up From $303.88M YoY
Portfolio Pulse from Benzinga Newsdesk
IDT Corporation reported a significant increase in quarterly earnings, with adjusted earnings per share rising by 58.33% year-over-year to $0.57. Sales also saw a modest increase of 1.62% to $308.80 million.
October 08, 2024 | 8:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
IDT Corporation's Q4 earnings per share increased by 58.33% to $0.57, and sales rose by 1.62% to $308.80 million, indicating strong financial performance.
The significant increase in earnings per share and the rise in sales suggest strong financial health and operational efficiency, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100