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IDT Corp (IDT.N)

IDT.N on New York Stock Exchange

14.41USD
19 Sep 2017
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Latest Key Developments (Source: Significant Developments)

IDT says ‍plaintiff JDS1 filed putative class action & derivative complaint against co
Friday, 7 Jul 2017 12:35pm EDT 

July 7 (Reuters) - Idt Corp ::Says ‍plaintiff JDS1 filed putative class action & derivative complaint against co, Patrick Henry trust, Howard Jonas, each of Straight Path's directors​.Says registrant and Straight Path entered into binding term sheet provides for settlement, mutual release of potential indemnification claims.Says pursuant to term sheet, in exchange for mutual release, registrant will pay Straight Path $16 million.Says pursuant to term sheet Straight Path will transfer to co or its designee Straight Path's ownership interest in IP Group.Says pursuant to term sheet, Straight Path will transfer to registrant or its designee Straight Path's ownership interest in IP Group.Says complaint alleges that IDT "aided and abetted" Straight Path's directors and Howard Jonas.  Full Article

IDT Corp to sell Gibraltar based banking unit
Thursday, 22 Jun 2017 09:00am EDT 

June 22 (Reuters) - Idt Corp :Idt corporation to sell gibraltar based banking unit.Idt corp says agreed to sell its idt financial services holdings limited subsidiary to jar fintech limited.Idt corp says agreed-upon purchase price consists of value of idt finance's net assets at closing plus an additional amount of approximately £3 million.  Full Article

IDT corp reports Q3 loss per share of $0.21
Tuesday, 6 Jun 2017 04:30pm EDT 

June 6 (Reuters) - Idt Corp :IDT Corp reports third quarter fiscal 2017 results.Q3 non-GAAP earnings per share $0.28.Q3 loss per share $0.21.Q3 revenue $370 million versus $355.2 million.  Full Article

Straight Path Communications says co and IDT entered into binding term sheet
Monday, 10 Apr 2017 05:30pm EDT 

IDT Corp : Straight Path Communications-on april 9, co, idt corp entered into binding term sheet in connection to investigation by federal communications commission . Straight Path Communications - idt to pay co $16 million, straight path communications will transfer to idt its ownership interest in straight path ip group .Straight Path Communications - under term sheet, stockholders of co to receive 22 percent of proceeds received by unit from license of patent rights held by unit.  Full Article

FDA provides Cornerstone Pharmaceuticals approval to initiate pivotal study for CPI-613
Thursday, 23 Mar 2017 10:15am EDT 

Idt Corp :FDA provides cornerstone pharmaceuticals approval to initiate pivotal study for CPI-613, its metabolism-directed anticancer compound.  Full Article

IDT Corp Q2 EPS $0.04
Monday, 6 Mar 2017 04:30pm EST 

IDT Corp : IDT Corp qtrly revenue of $367.6 million compared to $382.5 million . Q2 earnings per share $0.04 .Q2 non-gaap earnings per share $0.27.  Full Article

IDT Q1 non-GAAP earnings per share $0.44
Wednesday, 7 Dec 2016 04:30pm EST 

IDT Corp : Q1 non-GAAP earnings per share $0.44 . Q1 earnings per share $0.96 .Q1 revenue $369.2 million versus $390.6 million.  Full Article

IDT Corp announces investment in Cornerstone Pharmaceuticals
Thursday, 10 Nov 2016 08:56am EST 

Idt Corp : IDT Corp announces investment in Cornerstone Pharmaceuticals . IDT under investment agreements, has board representation, IDT, its co-investors have right to acquire a majority interest in cornerstone .IDT Corp - IDT and group of co-investors invested $10 million for minority interest in cornerstone pharmaceuticals.  Full Article

IDT reports Q4 EPS $0.48
Wednesday, 28 Sep 2016 04:30pm EDT 

Idt Corp : Q4 earnings per share $0.48 . Q4 non-GAAP earnings per share $0.50 . Revenue in 4Q16 was $368.1 million compared to $405.8 million. .Qtrly non-GAAP earnings per share $0.50.  Full Article

IDT Q3 earnings per share $0.19
Thursday, 2 Jun 2016 04:49pm EDT 

IDT Corp : Q3 non-gaap earnings per share $0.38 . Qtrly earnings per share $0.19 .Qtrly revenues $ 355.15 million versus $ 383.93 million.  Full Article

BRIEF-IDT and Tigo Guatemala sign a Reciprocal Services Agreement

* IDT And Tigo Guatemala sign a Reciprocal Services Agreement Source text for Eikon: Further company coverage: