IDT Corporation reported earnings results for the second quarter and six months ended January 31, 2024. For the second quarter, the company reported sales was USD 296.1 million compared to USD 313.94 million a year ago. Net income was USD 14.43 million compared to USD 14.62 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.57 a year ago.
For the six months, sales was USD 597.3 million compared to USD 635.75 million a year ago. Net income was USD 22.08 million compared to USD 25.63 million a year ago. Basic earnings per share from continuing operations was USD 0.88 compared to USD 1 a year ago. Diluted earnings per share from continuing operations was USD 0.87 compared to USD 1 a year ago.