NYSE$IDT
IDT Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
IDT's Q3 2020 results were announced, revealing resilience and growth in higher margin initiatives offsetting core offering decreases.
IDT Corporation reported a net income per diluted share of $0.02 and a non-GAAP earnings per diluted share of $0.08 on revenue of $321.3 million for the third quarter of fiscal year 2020.
- The team transitioned to work from home rapidly, maintaining operations during the pandemic.
- The resilience of the business and increased contribution from higher margin growth initiatives highlighted the quarter's results.
- The increase in higher margin growth initiatives offset the decrease in contribution from lower margin core offerings.
- The company is focused on adapting to meet the evolving needs of customers as the pandemic plays out.
Headline financials
Revenue & EPS history
IDT · Revenue · Quarterly
$321M
Revenue by segment
IDT · $299M total across 4 segments · Q3 2023
- IDT Global$241M-15.8%80.5%
- BOSS Money$21.8M+40.8%7.3%
- net2phone$18.5M+13.0%6.2%
- National Retail Solutions$17.9M-37.3%6.0%
Forward guidance
The company is adapting to meet the evolving needs of customers as the pandemic plays out.
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 Q3 2020
+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
| Quarter | Report date | Reaction (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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