IDT (NYSE:IDT) raised its full-year fiscal 2026 profit outlook after reporting higher third-quarter revenue, record gross profit and expanding margins, driven by growth in its higher-margin NRS, Fintech and net2phone segments.
Chief Executive Officer Shmuel Jonas said the company’s year-over-year revenue and earnings growth was “again powered by the continued expansion and operating leverage” of those three businesses, alongside steady cash generation from its traditional communications segment.