Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Director Eric F. Cosentino of IDT Corp (NYSE:IDT) sold 800 shares of Class B Common Stock on June 16, 2025, at a price of $67.03, for a total value of $53,624. The sale occurred with IDT trading near its 52-week high of $69.67, amid an impressive 87% gain over the past year. Following the transaction, Cosentino directly owns 253 shares of restricted stock. According to InvestingPro analysis, IDT currently trades at Fair Value levels and maintains a "GREAT" financial health score. The company, with a market capitalization of $1.67 billion, shows strong momentum with multiple positive indicators. For detailed insights and access to 10 additional ProTips about IDT, plus comprehensive Pro Research Reports covering 1,400+ US stocks, consider an InvestingPro subscription.
In other recent news, IDT Corporation reported a robust financial performance for Q2 2025, marked by significant increases in income, adjusted EBITDA, and earnings per share (EPS). The company’s income from operations rose by 133% compared to the previous year, while EPS surged by 290%, indicating strong profitability. Additionally, the gross profit margin reached a record high of 37.1%. The company highlighted impressive growth in digital remittance transactions, which increased by 40% year-over-year. IDT is actively exploring mergers and acquisitions (M&A) opportunities and potential investments in organic growth within digital channels. The company remains on track to meet its full-year adjusted EBITDA target of $126 million. Analyst discussions during the earnings call included inquiries about the NRS terminal revenue and sales strategy, as well as the integration of food delivery platforms. Overall, IDT’s strategic focus on digital growth and disciplined cost management has positioned it well for future expansion.
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