IDT Highlights Growth Engines, Delays net2phone Spin-Off Until Markets Improve
IDT reported 5% revenue growth in the latest quarter, with its NRS, Fintech, and net2phone segments growing 17%. NRS generated $36M in recurring revenue, while BOSS Money saw 27% digital-channel revenue growth. net2phone reached $100M in revenue and 17% EBITDA margin. IDT delayed net2phone's spin-off due to market conditions, aiming for larger businesses and better capital-market conditions.



