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IDT CORP-CLASS B (NYSE:IDT) Beats Q2 FY2026 Estimates, Reports Record Profitability
IDT CORP-CLASS B (NYSE:IDT) has surpassed analyst expectations for Q2 FY2026, achieving record profitability with revenues of $320.5 million and non-GAAP EPS of $1.00, both exceeding estimates. The company saw significant operational growth in its NRS, Fintech, and net2phone segments and announced a 17% increase in its annual dividend, signaling strong financial health and investor confidence. This performance has led to a positive market reaction and adds to a recent upward trend for the stock.