IDT Corporation

https://www.idt.net/

IDT Corporation is a multinational provider of cloud communications, point-of-sale systems, unified communications, and financial services, including foreign exchange services. Founded in August 1990 by Howard Jonas, the company's mission is to pioneer technologies and services that enable people and businesses worldwide to communicate and share more easily and affordably. Its headquarters are located in Newark, New Jersey, U.S.

IDT Corporation operates through several key segments, offering a diverse portfolio of products and services. Its Fintech segment includes BOSS Money for international money remittance and National Retail Solutions (NRS), which provides point-of-sale (POS) systems, payment processing, and merchant services to independent retailers. The company's cloud communications offerings, primarily under the net2phone brand, deliver unified communications as a service (UCaaS), cloud PBX, contact center as a service (CCaaS), and SIP Trunking solutions. Additionally, IDT provides traditional communication services such as BOSS Revolution for international prepaid calling and mobile top-ups, IDT Global for wholesale international voice and SMS termination, and IDT Express for global Voice and DIDs.

Led by Chairman Howard Jonas and CEO Samuel Jonas, IDT Corporation is positioned as a global provider of fintech and communications solutions, focusing on underserved markets across six continents. Recent activities include reporting strong second-quarter fiscal year 2026 results in March 2026, with growth in revenue and earnings per share. In April 2026, its net2phone Sync service launched in Canada, and the company continues to release monthly retail sales reports through NRSInsights. IDT Corporation also participated in the Sidoti Investor Conference in March 2026 and remains debt-free with positive free cash flow.

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CID: 1419