IDT Corporation: From Telecom Company to Fintech and AI Platform – Stock Reaches All-Time High
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IDT is transforming from a traditional telecom company into a platform for fintech, point-of-sale systems, and AI-supported corporate communication. NRS targets approximately 200,000 independent US retailers, while BOSS Money and net2phone benefit from digitalization and AI. For 2027, IDT expects double-digit growth in gross profit again and has around $272 million in liquidity without debt. The stock of IDT Corporation (IDT) continues its long-term upward trend and has gained around 47.5% since the beginning of the year. Following the...
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