AP NEWS

IDT: Fiscal 1Q Earnings Snapshot

December 4, 2018

NEWARK, N.J. (AP) _ IDT Corp. (IDT) on Tuesday reported a loss of $1.5 million in its fiscal first quarter.

On a per-share basis, the Newark, New Jersey-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs and stock option expense, were 2 cents per share.

The telecommunications company posted revenue of $362.3 million in the period.

IDT shares have declined 31 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.31, a drop of 53 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IDT at https://www.zacks.com/ap/IDT

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