NYSE$IDT

IDT Corporation · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

IDT delivered strong results with significant year-over-year increases in consolidated revenue, income from operations, and EPS.

IDT Corporation reported a strong second quarter for fiscal year 2021, with net income per diluted share of $0.51 and non-GAAP earnings per diluted share of $0.49 on revenue of $340 million. The quarter was highlighted by revenue expansion from National Retail Solutions (NRS), BOSS Revolution Money Transfer, and net2phone-UCaaS.

  • IDT reported net income per diluted share of $0.51 for Q2 2021.
  • Non-GAAP earnings per diluted share were $0.49 for Q2 2021.
  • Revenue for Q2 2021 reached $340 million.
  • NRS increased revenue year-over-year by over 150%.

Headline financials

Total Revenue

$340M

Previous: $324M+4.9%
EPS (adj)

$0.49

Previous: $0.11+345.5%
Capital Expenditures

-$8.83M

Previous: -$7.66M-15.3%
Free Cash Flow

$4.28M

Previous: -$6.72M+163.7%
Net Income

$13.1M

Previous: $932K+1306.4%
Operating Income

$12.9M

Previous: $1.32M+876.8%
Gross Profit

$70.6M

Previous: $61.2M+15.4%
Cash & Equivalents

$79.5M

Previous: $75.7M+5.0%
Total Assets

$425M

Previous: $440M-3.4%
Stock-Based Comp

$434K

Previous: $1.17M-62.8%

Revenue & EPS history

IDT · Revenue · Quarterly

$340M

Q2 2021+4.9%vs Q2 2020

Revenue by segment

IDT · $358M total across 4 segments · Q2 2021

  • Traditional Communications
    $311M
  • National Retail Solutions
    $18.4M
  • BOSS Money
    $18.4M
  • net2phone
    $10.9M

Forward guidance

The company did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+2.1%

Avg return

Earnings day

+2.8%

Avg return

5 days after

+1.7%

Avg return

30 days after

61%

40 / 66 earnings

Positive

+45.4%

Q4 2020

Best reaction

-20.9%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+2.7%+3.7%
Q2 2026-3.9%-7.4%-3.8%
Q1 2026-3.0%+0.1%+0.6%
Q4 2025-18.4%-22.7%-20.9%
Q3 2025-0.2%+1.6%-3.8%
Q2 2025+10.2%+6.1%+5.9%
Q1 2025+5.4%+5.3%-5.6%
Q4 2024+22.3%+26.0%+31.1%
Q3 2024-5.9%-8.0%-10.2%
Q2 2024-1.6%+1.8%-0.2%
Q1 2024+1.5%+5.2%+14.3%
Q4 2023+4.5%+8.2%+2.9%
Q3 2023-5.1%-13.2%-19.3%
Q2 2023+4.7%+9.1%+7.2%
Q1 2023+11.6%+9.3%+2.5%
Q4 2022+10.9%+5.7%+6.7%
Q3 2022-1.7%-11.9%-13.9%
Q2 2022-2.0%-4.5%-1.9%
Q1 2022-4.0%-9.0%-13.3%
Q4 2021+10.6%+14.9%+25.7%
Q3 2021+15.0%+35.3%+53.9%
Q2 2021+4.1%+13.5%+25.7%
Q1 2021+12.2%+8.4%-0.8%
Q4 2020+45.4%+69.6%+44.8%
Q3 2020+2.5%-5.5%-5.5%
Q2 2020-12.1%-19.2%-36.1%
Q1 2020-6.1%-7.5%-1.7%
Q4 2019-0.9%-5.1%-25.4%
Q3 2019+8.3%+14.0%+71.3%
Q2 2019+5.8%+11.0%+17.5%
Q1 2019-6.4%-6.7%-18.3%
Q4 2018+40.9%+49.8%+44.3%
Q3 2018+22.9%+15.2%+10.3%
Q2 2018+0.1%-2.3%-42.2%
Q1 2018-19.4%-26.6%-30.1%
Q4 2017-5.6%-4.6%-7.8%
Q3 2017-20.3%-15.8%-17.5%
Q2 2017-20.5%-32.2%-32.6%
Q1 2017-9.8%-14.3%-15.2%
Q4 2016+7.3%+7.6%+10.7%
Q3 2016+7.1%+10.1%+19.7%
Q2 2016+3.8%
Q1 2016+12.0%
Q4 2015-9.6%
Q3 2015+5.5%
Q2 2015-20.9%
Q1 2015-0.1%
Q4 2014-10.6%
Q3 2014+4.1%
Q2 2014-6.1%
Q1 2014-10.5%
Q4 2010+5.4%
Q4 2013+6.7%
Q3 2013+9.9%
Q2 2012+4.9%
Q2 2013+0.6%
Q1 2013+0.6%
Q2 2011+1.5%
Q4 2012-2.8%
Q3 2011+5.9%
Q3 2012+3.7%
Q4 2011+0.8%
Q1 2012+0.8%
Q1 2011+0.8%
Q3 2010+8.3%
Q2 2010+15.9%

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