Welcome to our dedicated page for IDT news (Ticker: IDT), a resource for investors and traders seeking the latest updates and insights on IDT stock.
IDT Corp (IDT) delivers innovative solutions across telecommunications, fintech, and cloud communications through brands like National Retail Solutions and net2phone. This news hub provides investor-focused updates directly from corporate sources, ensuring accurate tracking of the company's global initiatives.
Access real-time announcements including quarterly earnings, strategic partnerships, and product innovations. Our curated collection features press releases on retail POS advancements, international payment services, and unified communications developments - all critical for assessing IDT's market position.
Key updates cover financial performance metrics, leadership changes, technology deployments, and regulatory filings. Content is organized to help stakeholders monitor growth in core segments: cloud-based telephony, digital payment ecosystems, and data-driven retail solutions.
Bookmark this page for streamlined access to IDT's corporate communications. Combine these verified updates with market analysis tools to inform your investment strategy in this dynamic multinational enterprise.
net2phone (NYSE:IDT) has received the 2025 AI Agent Product of the Year Award from TMCnet for its innovative AI-powered communications solution. The company's AI Agent leverages conversational AI and machine learning to automate routine business operations across sales, support, and administrative functions.
The AI Agent can handle tasks such as scheduling appointments, processing orders, managing product returns, and answering support inquiries in multiple languages. According to CEO Jonah Fink, the solution helps businesses achieve significant reductions in operating costs while increasing productivity by allowing employees to focus on higher-value tasks.
NRSInsights, a subsidiary of IDT Corporation (NYSE: IDT), released its June 2025 retail same-store sales report showing a 3.5% year-over-year increase in same-store sales. The company's network comprises 36,600 active terminals serving approximately 31,700 independent retailers nationwide.
Key metrics include a 3.0% increase in units sold, unchanged basket transactions year-over-year, and a 2.7% increase in average prices for top 500 items. The three-month rolling average showed strong performance with a 4.6% increase in same-store sales. During June 2025, NRS processed $2.1 billion in sales across 140 million transactions, representing a 15% year-over-year growth.
Strong performance was noted in categories including modern oral nicotine, energy drinks, prepared cocktails, and chocolate, while sports drinks, frozen novelties, and bottled water showed monthly growth but yearly declines.
BOSS Money, IDT Corporation's (NYSE: IDT) remittance service, announced a special Mother's Day promotion offering $0-fee international money transfers. New customers can enjoy zero-fee transfers with specific benefits: first two transfers free to all destinations, first five transfers free to Mexico, and unlimited free transfers to select African countries and Venezuela.
Existing customers can use promotional codes during specific periods: "MOM" (May 5-11) for all destinations, "MOMMY" (May 21-25) for select countries including Dominican Republic and Haiti, and "MAMA" (May 26-30) for Nicaragua. The service offers various payout options including cash pick-up, mobile money, bank deposits, and debit card transfers through the BOSS Money app.
NRSInsights reported March 2025 retail same-store sales increased 2.3% year-over-year across its network of approximately 35,200 active terminals nationwide. The network processed $2.0 billion in sales (+16% YoY) across 134 million transactions.
Key metrics for March 2025:
- Units sold increased 2.4% YoY
- Baskets increased 0.2% YoY
- Average prices for top 500 items rose 2.1% YoY
Strong performance was seen in Energy Beverages, Soft Drinks, and Modern Oral Smokeless Tobacco. However, most BEVAL categories (Beer, FMB/Cider/Seltzer, Whiskey, Vodka, Still Wine) showed decreased sales, with Tequila being the exception. Salty Snacks recorded a double-digit sales decrease.