The following is a summary of the IDT Corporation (IDT) Q3 2024 Earnings Call Transcript:

Financial Performance:

• IDT reported strong Q3 results with a 310 basis point improvement in consolidated gross margin.

• Net2phone's adjusted EBITDA doubled year-over-year, signaling improved operating leverage.

• NRS' income from operations and adjusted EBITDA more than doubled year-over-year.

• BOSS Money achieved its first EBITDA positive quarter and Fintech segment reached positive adjusted EBITDA overall.

Business Progress:

• NRS surpassed 30,000 active terminals, growing its POS network significantly.

• Net2phone is transitioning to a pricing plan with premium features to drive ARPU expansion.

• BOSS Money expanded transaction and revenue growth rates, effectively gaining market share.

Opportunities:

• IDT is focused on expanding NRS Pay accounts and merchant service revenues which grew 66% year-over-year.

• BOSS Money's three-pronged growth strategy aims to double transaction volumes rapidly.

More details: IDT Corp IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.