NEWARK, N.J., June 10, 2026 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a provider of fintech and communications solutions, will present at the East Coast IDEAS Investor Conference on Thursday, June 11, 2026 at the Westin Times Square in New York.

Marcelo Fischer, IDT’s Chief Financial Officer, and Bill Ulrey, VP Investor Relations, will provide an overview of the company’s operations, strategy, and financial results (through the third quarter of IDT’s fiscal year 2026) from 10:35 AM until 11:10 PM Eastern Time. Mr. Fischer will also host one-on-one investor meetings during the conference.

The IDT presentation will be webcast through the conference host’s main website: https://www.threepartadvisors.com/east-coast.

To attend or learn more about the IDEAS conferences, please contact Lacey Wesley at (817) 769 -2373 or lWesley@IDEASconferences.com.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

ABOUT IDT CORPORATION

IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions‘ (NRS) point-of-sale (POS) platform enables independent retailers to process transactions and operate more effectively while providing advertisers and marketers with reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides businesses with unified communications and AI-driven workflow solutions to enhance customer experience at scale; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

CONTACT

Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

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Record consolidated quarterly gross profit and gross profit margin

Income from operations at NRS, Fintech, and net2phone segments increased by 33%, 29% and 76%, respectively

FY 2026 guidance raised to $150-$152 million in Adjusted EBITDA^*

NEWARK, N.J., June 03, 2026 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, today reported results for the third quarter of its fiscal year 2026, the three months ended April 30, 2026.

3Q26 CONSOLIDATED HIGHLIGHTS

Throughout this release, unless otherwise noted, results for the third quarter of fiscal year 2026 (3Q26) are compared to the third quarter of fiscal year 2025 (3Q25).

($ in millions except for per share figures)

^*This release discloses certain Non-GAAP financial measures and Key Performance Metrics. Please see the explanations of those measures and metrics, the reasons for their inclusion, and reconciliations of non-GAAP measures to their closest GAAP measures, at the end of this release.

REMARKS BY SHMUEL JONAS, CEO

“IDT’s year-over-year revenue and earnings growth was again powered by the continued expansion and operating leverage of our three high-margin businesses, paired with another quarter of steady cash generation from our Traditional Communications segment.

“NRS recurring revenue increased 22% and revenue per terminal increased approximately 10% year-over-year driven by Merchant Services and SaaS Fees revenue. We expect both categories will continue driving growth in the coming quarters. After the quarter close, we acquired a controlling stake in OnCore Digital, a digital media brokerage.

“At BOSS Money, our digital channel revenue growth rate accelerated sequentially as we gained market share following implementation of the new federal remittance tax.

“net2phone continued its growth trajectory, helped by strong CCaaS results and ongoing U.S. and Mexico expansion. We are gaining traction with our AI offerings and expect they will become accretive growth drivers in fiscal year 2027. All net2phone offerings will also benefit from the recent release of Integrate by net2phone. Integrate is an integration layer that enables our clients to easily – through a straightforward, no-code interface – use our offerings with the tools they already work with every day including popular CRMs and ERPs.

“Across our business segments, we are integrating machine learning and AI tools to better understand and meet the expectations of our customers, develop and provide new features, enhance customer service, refine pricing strategies, accelerate product and feature delivery, create marketing campaigns, and streamline back-office operations, to name just a few. We expect that our AI efforts, in some cases, will serve as the basis for AI-based offerings to our customers.”

3Q26 RESULTS BY SEGMENT

National Retail Solutions (NRS)

NRS Take-Aways

• NRS added approximately 500 net active terminals and 1,100 net payment processing accounts during 3Q26. Net active terminal additions in 3Q26 reflect the impact of seasonal churn among specialized retailers serving the year-end holidays.
• NRS’ ‘Rule of 40’^* score was 50 in 3Q26, indicating a productive balance between growth and profitability.
• Following the quarter close, IDT acquired OnCore Digital. Through the acquisition, NRS will integrate OnCore’s ad tech, demand, and publisher networks with its screen network and first-party transaction data into a more unified offering.

BOSS Money and Fintech Segment

BOSS Money and Fintech Take-Aways:

• BOSS Money digital channel send volume^*– the amount of principal transferred by BOSS Money customers using the BOSS Money and BOSS Revolution apps – increased by 40% in 3Q26 compared to 3Q25, reflecting increases in both transaction volume and average dollars sent per transaction.
• The Fintech segment’s year-over-year increases in income from operations and Adjusted EBITDA were driven by BOSS Money’s digital transaction growth, increased revenue and gross margin per digital transaction, and improved economics from other, smaller, businesses within the Fintech segment.

net2phone

net2phone Take-Aways:

• Subscription revenue increased faster than seats served, reflecting an increase in CCaaS seats, which generate higher revenue per seat than our UCaaS offerings, augmented by the positive FX impact of strengthening local currencies versus the U.S. dollar in certain Latin American markets.
• net2phone generated substantial year-over-year increases in income from operations and Adjusted EBITDA during 3Q26, benefitting from customer acquisition cost discipline and continued operating leverage.

Traditional Communications

Traditional Communications Take-Away:

• IDT continues to minimize Traditional Communications’ overhead and improve its cost structure. This effort resulted in a $2.6 million decrease in segment SG&A in 3Q26 compared to the year ago quarter, particularly in employee compensation and legal expense.

OTHER FINANCIAL RESULTS

Consolidated results for all periods presented include corporate overhead. Corporate G&A expense increased 22% to $3.2 million in 3Q26 from $2.7 million in 3Q25, primarily as a result of increased stock-based compensation.

As of April 30, 2026, IDT held $251.4 million in cash, cash equivalents, and current debt and equity securities, exclusive of restricted cash. Also as of April 30, 2026, current assets totaled $592.7 million and current liabilities totaled $308.0 million. IDT had no outstanding debt at quarter end.

Net cash provided by operating activities in 3Q26 was $18.5 million compared to $75.7 million in 3Q25. Exclusive of changes in customer funded deposits at IDT’s Fintech segment businesses, adjusted net cash provided by operating activities^* in 3Q26 was $16.0 million compared to $66.1 million in 3Q25. The decline in operating cash generation is due entirely to working capital timing, as 3Q26 ended on a Thursday which, along with Friday, is typically when cash levels are lowest because of prepaid weekend funding requirements for the BOSS Money and IDT Digital Payments businesses.

Capital expenditures decreased to $5.1 million in 3Q26 from $5.4 million in 3Q25.

During 3Q26, IDT repurchased approximately 84,000 shares of its Class B common stock for $4.0 million. For the nine months ended April 30, 2026, IDT repurchased approximately 391,000 shares for $19.0 million.

FY 2026 FINANCIAL OUTLOOK

IDT is increasing its previous FY 2026 guidance for consolidated Adjusted EBITDA from $147-$149 million to $150-$152 million. At the midpoint, the updated guidance represents an increase of 15% from FY 2025 Adjusted EBITDA of $131.7 million.

Reconciliations of Adjusted EBITDA to net income and income from operations for all periods presented are included in the Non-GAAP reconciliations provided at the end of this release.

DIVIDEND

IDT’s Board of Directors has declared a quarterly cash dividend of $0.07 per share of IDT Class A and Class B Common stock payable on June 18, 2026 to stockholders of record as of June 9, 2026.

IDT EARNINGS ANNOUNCEMENT INFORMATION

This release is available for download in the “Investors & Media” section of the IDT Corporation website (https://www.idt.net/investors-and-media) and has been filed on a current report (Form 8-K) with the SEC.

IDT will host an earnings conference call beginning at 5:30 PM Eastern this evening with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-877-545-0523 (toll-free from the US) or 1-973-528-0016 (international) and provide the following access code: 181062.

A replay of the conference call will be available approximately three hours after the call concludes through June 17th, 2026. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 54085. The replay will also be accessible via streaming audio at the IDT investor relations website.

ABOUT IDT CORPORATION

IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions‘ (NRS) point-of-sale (POS) platform enables independent retailers to process transactions and operate more effectively while providing advertisers and marketers with reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides businesses with unified communications and AI-driven workflow solutions to enhance customer experience at scale; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target“ and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

CONTACT

IDT Corporation Investor Relations
Bill Ulrey
william.ulrey@idt.net
973-438-3838

Reconciliation of Non-GAAP Financial Measures for the Third Quarter Fiscal 2026 and 2025

In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), IDT also disclosed (a) Adjusted EBITDA for 3Q26, 2Q26, and 3Q25, among other quarters (b) non-GAAP earnings per diluted share (Non-GAAP EPS) for 3Q26 and 3Q25 (c) NRS’ ‘Rule of 40’ score for 3Q26 and (d) non-GAAP adjusted net cash provided by or used in operating activities for 3Q26 and 3Q25. These are non-GAAP financial measures intended to provide useful information that supplements IDT’s or the respective segment’s results in accordance with GAAP. The following explains these terms and their respective reconciliations to the most directly comparable GAAP measures.

Generally, a non-GAAP measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP.

IDT’s measure of Adjusted EBITDA starts with net income from operations in accordance with GAAP and adds depreciation and amortization, severance expense, stock-based compensation, and other operating expenses, and deducts other operating income.

IDT’s measure of Non-GAAP EPS is calculated by dividing non-GAAP net income by the diluted weighted-average shares. IDT’s measure of non-GAAP net income starts with net income attributable to IDT in accordance with GAAP and adds severance expense, stock-based compensation, and other operating expenses, and deducts other operating income. These additions and subtractions are non-cash and/or non-routine items in the relevant fiscal 2026 and fiscal 2025 periods.

Management believes that IDT’s Adjusted EBITDA and Non-GAAP EPS are measures which provide useful information to both management and investors by excluding certain expenses and non-routine gains and losses that may not be indicative of IDT’s or the respective segment’s core operating results. Management uses Adjusted EBITDA, among other measures, as a relevant indicator of core operational strengths in its financial and operational decision making. In addition, management uses Adjusted EBITDA and Non-GAAP EPS to evaluate operating performance in relation to IDT’s competitors. Disclosure of these financial measures may be useful to investors in evaluating performance and allow for greater transparency of the underlying supplemental information used by management in its financial and operational decision-making. In addition, IDT has historically reported similar financial measures and believes such measures are commonly used by readers of financial information in assessing performance, therefore the inclusion of comparative numbers provides consistency in financial reporting.

Management refers to Adjusted EBITDA, as well as the GAAP measures income (loss) from operations and net income, on a segment and/or consolidated level to facilitate internal and external comparisons to the segments’ and IDT’s historical operating results, in making operating decisions, for budget and planning purposes, and to form the basis upon which management is compensated.

While depreciation and amortization are considered operating costs under GAAP, these expenses primarily represent the non-cash current period allocation of costs associated with long-lived assets acquired or capitalized in prior periods. IDT’s Adjusted EBITDA, which is exclusive of depreciation and amortization, is a useful indicator of its current performance.

Severance expense is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Severance expense is reflective of decisions made by management in each period regarding the aspects of IDT’s and its segments’ businesses to be focused on in light of changing market realities and other factors. While there may be similar charges in other periods, the nature and magnitude of these charges can fluctuate markedly and do not reflect the performance of IDT’s core and continuing operations.

Other operating income (expense), net, which is a component of income (loss) from operations, is excluded from the calculation of Adjusted EBITDA and Non-GAAP EPS. Other operating expense, net primarily includes legal fees net of insurance claims related to Straight Path Communications Inc.’s stockholders’ class action, legal settlements, and gains from the write-off of contingent consideration liabilities. From time-to-time, IDT may have gains or incur costs related to non-routine legal, tax, and other matters, however, these various items generally do not occur each quarter. IDT believes the gains and losses from these non-routine matters are not components of IDT’s or the respective segment’s core operating results.

Stock-based compensation recognized by IDT and other companies may not be comparable because of the variety of types of awards as well as the various valuation methodologies and subjective assumptions that are permitted under GAAP. Stock-based compensation is excluded from IDT’s calculation of Adjusted EBITDA and Non-GAAP EPS because management believes this allows investors to make more meaningful comparisons of the operating results per share of IDT’s core business with the results of other companies. Stock-based compensation continues to be a significant expense for IDT and an important part of employees’ compensation that impacts their performance.

Adjusted EBITDA and Non-GAAP EPS should be considered in addition to, not as a substitute for, or superior to, income (loss) from operations, cash flow from operating activities, net income, basic and diluted earnings per share or other measures of liquidity and financial performance prepared in accordance with GAAP. In addition, IDT’s measurements of Adjusted EBITDA and Non-GAAP EPS may not be comparable to similarly titled measures reported by other companies.

The ‘Rule of 40’ score is a metric used to evaluate the performance of SaaS and other subscription-based providers. It postulates that a SaaS provider’s revenue growth rate plus its EBITDA margin should equal or exceed 40 percent. The ‘Rule of 40’ is typically used to assess a company’s balance between growth and profitability. A total of over 40 is thought to indicate a healthy combination of expansion and financial stability, making it a useful tool for management and investors to gauge the potential for long-term success and make informed decisions about resource allocation and business strategy.

NRS’ ‘Rule of 40′ score is computed by adding (a) the growth rate of NRS’ recurring revenue for the relevant period compared to the corresponding year ago period to (b) NRS’ Adjusted EBITDA margin for the twelve-month period through the end of the current period. NRS’ recurring revenue is calculated by subtracting NRS’ revenue from POS terminal sales from its total GAAP revenue. Adjusted EBITDA is a non-GAAP measure as discussed above. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by GAAP revenue for the relevant period.

IDT’s Non-GAAP adjusted measure of net cash provided by operating activities is calculated by excluding the impact of changes in customer funds deposits held from net cash provided by operating activities. Customer funds deposits represent, for the most part, funds loaded by customers of the various prepaid debit card programs issued under IDT’s wholly-owned bank in Gibraltar. As such, these funds are held for customers and are not available for use by the Company. This adjusted measure of net cash provided by operating activities provides a more meaningful measure of the cash generated by our core business operations, making it a more useful tool for management and investors to evaluate the cash generation of our business operations, and to compare IDT’s cash generation with companies that do not have, or have different levels of, customer deposits. Customer deposits are, by regulation, not available to fund IDT’s operating activities.

Following are reconciliations of Adjusted EBITDA and Non-GAAP EPS to the most directly comparable GAAP measure, which are, (a) for Adjusted EBITDA, (i) income (loss) from operations for IDT’s reportable segments and corporate and (ii) net income for IDT on a consolidated basis, and (b) for Non-GAAP EPS, diluted earnings per share. Also following is NRS’ ‘Rule of 40′ score computation including the reconciliation of NRS’ Adjusted EBITDA to the most directly comparable GAAP measure, NRS’ income from operations, and IDT’s Non-GAAP adjusted measure of net cash provided by operating activities reconciled to GAAP net cash provided by operating activities.

IDT Corporation
Reconciliation of Net Income to Adjusted EBITDA for the three months ended 3Q26, 2Q26, and 3Q25
(unaudited) in millions. Figures may not foot or cross-foot due to rounding

IDT Corporation
Reconciliation of Earnings Per Share (EPS) to Non-GAAP EPS for 3Q26 and 3Q25
(unaudited) in millions, except for per share data. Figures may not foot due to rounding

IDT Corporation
NRS‘ ‘Rule of 40‘ Score
For 3Q26
(unaudited) in millions. Figures may not foot due to rounding

IDT Corporation

Adjusted net cash provided by operating activities for 3Q26 and 3Q25
(unaudited) in millions. Figures may not foot due to rounding

Explanation of Key Performance Metrics

net2phone Subscription Revenue is calculated by subtracting net2phone’s equipment revenue and revenue generated by a legacy SIP trunking offering in Brazil from its revenue in accordance with GAAP. net2phone’s cloud communications and contact center offerings are priced on a per-seat basis, with customers paying based on the number of users in their organization. The number of seats served and subscription revenue trends and comparisons between periods are used in the analysis of net2phone’s revenues and direct cost of revenues and are strong indications of the top-line growth and performance of the business.

NRS‘ Monthly Average Recurring Revenue per Terminal is calculated by dividing NRS’ recurring revenue as defined in the Reconciliation of Non-GAAP Financial Measures by the average number of active POS terminals during the period. The average number of active POS terminals is calculated by adding the beginning and ending number of active POS terminals during the period and dividing by two. NRS’ recurring revenue divided by the average number of active POS terminals is divided by three when the period is a fiscal quarter. Recurring Revenue and Monthly Average Recurring Revenue per Terminal are useful for comparisons of NRS’ revenue and revenue per customer to prior periods and to competitors and others in the market, as well as for forecasting future revenue from the customer base.

BOSS Money Transactions are a nonfinancial metric that measures customer usage during a reporting period. Average BOSS Money Revenue per Transaction measures the revenue productivity of BOSS Money’s remittance business. It is calculated by dividing BOSS Money revenue during the period by the number of transactions. Average BOSS Money Revenue per Transaction is a key metric for evaluating the productivity and operational performance of the business. BOSS Money‘s Digital Send Volume is the aggregate amount of principal remitted by BOSS Money’s digital customers – those using the BOSS Money and BOSS Revolution apps to originate remittances. Digital Send Volume is a key metric for evaluating the operational performance of the digital channel of the remittance business, and for comparing the performance of BOSS Money’s digital channel to competitors in the remittance business as well as to performance to other temporal periods.

# # #

May same-store sales increased 4.0% year-over-year

The average price paid for the top 500 items in May increased 2.3% year-over-year

NEWARK, N.J., June 03, 2026 (GLOBE NEWSWIRE) — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for May 2026.

As of May 31, 2026, the NRS retail network comprised approximately 39,600 active terminals nationwide, scanning purchases at approximately 34,300 independent retailers, including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers, predominantly serving urban consumers.

May Highlights

(Same-store sales, unit sales, transactions, and average price data refer to May 2026 and are compared to May 2025 unless otherwise noted. All comparisons are provided on a “per calendar day” basis to remove from consideration variability in the number of days per month or three-month period.)

• SALES
  • Same-store sales increased 4.0% year-over-year. In the previous month (April 2026), same-store sales increased 3.9% year-over-year.
    
  • Same-store sales increased 3.9% compared to the previous month (April 2026). Same-store sales in April 2026 increased 1.7% compared to the previous month (March 2026).
    • For the three months ended May 31, 2026, same-store sales increased 3.2% compared to the corresponding three months a year ago.

• UNITS SOLD
  • Units sold increased 0.5% year-over-year, the same rate of increase as the previous month (April 2026).
  • Units sold increased 1.8% compared to the previous month (April 2026). Units sold in April 2026 increased 1.3% compared to the previous month (March 2026).
• BASKETS (TRANSACTIONS) PER STORE
  • Baskets decreased 0.5% year-over-year. In the previous month (April 2026), baskets decreased 0.3% year-over-year.
  • Baskets increased 2.7% compared to the previous month (April 2026). Baskets in April 2026 increased 2.9% compared to the previous month (March 2026).
• AVERAGE PRICES
  • A dollar-weighted average of prices for the top 500 items purchased in May 2026 increased 2.3% year-over-year, compared to the 2.2% year-over-year increase in April 2026.

Commentary from Brandon Thurber (VP, Data Sales & Client Success at NRS)

“May delivered steady same-store growth, with dollar sales up 4.0% year over year. While baskets were down slightly versus last year, they have been increasing month over month as we move into the summer season, a pattern we typically expect this time of year.

“Warm weather looks to have sparked demand across hydration and refreshment categories, with frozen novelty, sport drinks, sparkling water, and energy beverages all posting solid sequential and year-over-year gains.

“Cigarettes, prepared cocktails, and nicotine pouches were also among the leading growth categories in May, reflecting the enduring strength in the adult-use and convenience categories.

Regionally, although Raleigh-Durham area posted the strongest sales growth, cities in the Upper Midwest led by Detroit and Chicago and Northeast including New York and Philadelphia, all posted solid gains.”

NRSInsights Reports

The NRSInsights monthly Retail Same-Store Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Same-store data comparisons of May 2026 with May 2025 are derived from approximately 249 million transactions processed through the approximately 25,500 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of May 2026 with April 2026 are derived from approximately 292 million transactions processed through approximately 33,300 stores.

Same-store data comparisons for the three months ended May 31, 2026 with the year-ago three months are derived from approximately 693 million transactions processed through stores that scanned transactions in both three-month periods.

NRS POS Platform

The NRS platform predominantly serves small-format, independent, retail stores nationwide including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. These independent retailers operate in all 50 states and the District of Colombia, including 206 of the 210 designated market areas (DMAs) in the United States, and in Canada. During May 2026, NRS’ POS terminals processed $2.4 billion in sales (+13% year-over-year) across 154 million transactions.

About National Retail Solutions (NRS):

National Retail Solutions operates a leading point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers nationwide. Retailers utilize NRS offerings to process transactions, effectively manage their businesses, and integrate with leading online order and delivery platforms. Consumer packaged goods (CPG) suppliers, brokers, analytics firms, and advertisers access the terminal’s digital display network to reach these retailers’ predominantly urban, multi-cultural shopper base, and to harness transaction data-based learnings to identify growth opportunities and measure both execution and returns on marketing investment. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

NRSInsights Contact:

Brandon Thurber
VP, Data Sales & Client Success at NRS
National Retail Solutions
Brandon.Thurber@nrsplus.com

IDT Corporation Contact:

Bill Ulrey
william.ulrey@idt.net

# # #

NEWARK, N.J., May 27, 2026 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, has scheduled its report of financial and operational results for the third quarter fiscal year 2026 (the three months ended April 30, 2026) on Wednesday, June 3, 2026.

IDT’s earnings release will be issued and posted on the IDT investor relations website (https://www.idt.net/investors-and–media) at approximately 4:30 PM Eastern.

IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors. To listen to the call and participate in the Q&A, dial 1-877-545-0523 (toll-free from the US) or 1-973-528-0016 (international) and provide the following access code: 181062.

A replay of the conference call will be available approximately three hours after the call concludes through June 17^th, 2026. To access the call replay, dial 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) and provide this replay passcode: 54085. The replay will also be accessible via streaming audio at the IDT investor relations website.

ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions‘ (NRS) point-of-sale (POS) platform enables independent retailers to process transactions and operate more effectively while providing advertisers and marketers with reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides businesses with unified communications and AI-driven workflow solutions to enhance customer experience at scale; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

###

NEWARK, N.J., May 12, 2026 (GLOBE NEWSWIRE) — BOSS Money, the international money remittance service of IDT Corporation (NYSE: IDT), today announced that its customers sent moms a record amount of principal and remittances using the BOSS Money and BOSS Revolution apps during the week leading up to and including Mother’s Day on May 10^th, 2026.

For the week ended May 10^th, 2026, BOSS Money digital customers sent 49% more principal via 27% more remittances than last year to the eight BOSS Money destination countries that celebrated Mother’s Day this past weekend, including Mexico, Guatemala, Honduras and El Salvador.

BOSS Money is a leading digital-first money remittance provider. 87% of all BOSS Money transfers during the week leading up to Mother’s Day were originated by customers using the trusted BOSS Money and BOSS Revolution apps.

“We are honored that so many new and returning customers entrusted BOSS Money to deliver their hard-earned money to mom this Mother’s Day,” said Michelle Rendo, BOSS Money’s VP of Marketing. “It is our privilege to help bring families closer together on mom’s special day.”

BOSS Money’s international remittance service provides affordable, reliable money transfers for residents of the U.S. to 50 popular destination countries in Latin America, the Caribbean, Africa, and South Asia.

In its most recent rankings, FXC Intelligence recognized BOSS Money as the top-rated money transfer app, with a near-perfect 4.9 rating. Across the Apple App Store and Google Play, BOSS Money has over 110,000 five-star reviews.

See a Spanish language sample of BOSS Money Mother’s Day campaign here.

Download the BOSS Money app on iOS or Android or visit bossmoney.com.

Stay connected and follow BOSS Money on Instagram, Facebook and TikTok @bossmoney.official.

*The rates of increase in principal and transactions for Mother’s Day 2026 compare the seven days leading up to and including Mother’s Day 2026 (May 4^th to 10^th) to the comparable week in 2025 (May 5^th to 11^th). For ‘destination countries that celebrated Mother’s Day,’ the rates of increase reflect transfers originated in the U.S. to the 8 destination countries served by BOSS Money that celebrated Mother’s Day during the weeks ended Sunday, May 10^th, 2026, and Sunday, May 11^th, 2025.

ABOUT BOSS MONEY
BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options, including bank deposits, cash pick-up, mobile wallets, direct-to-debit, and home delivery. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps, WhatsApp or through licensed BOSS Money retailers. BOSS Money is the remittance and payments brand of IDT Corporation (NYSE: IDT).

ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications services through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT’s fintech and neo-banking services include BOSS Money, a popular international remittance business, as well as other services that make saving, spending, and sharing money easy and secure; IDT Digital Payments and BOSS Revolution Calling make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

# # #

April same-store sales increased 3.9% year-over-year

The average price paid for the top 500 items in April increased 2.2% year-over-year

NEWARK, N.J., May 08, 2026 (GLOBE NEWSWIRE) — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for April 2026.

As of April 30, 2026, the NRS retail network comprised approximately 39,300 active terminals nationwide, scanning purchases at approximately 34,100 independent retailers, including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers, predominantly serving urban consumers.

April Highlights

(Same-store sales, unit sales, transactions, and average price data refer to April 2026 and are compared to April 2025 unless otherwise noted. All comparisons are provided on a “per calendar day” basis to remove from consideration variability in the number of days per month or three-month period.)

• SALES
  • Same-store sales increased 3.9% year-over-year. In the previous month (March 2026), same-store sales increased 2.9% year-over-year.
    
  • Same-store sales increased 1.7% compared to the previous month (March 2026). Same-store sales in March 2026 increased 4.3% compared to the previous month (February 2026).
  • For the three months ended April 30, 2026, same-store sales increased 3.2% compared to the corresponding three months a year ago.

• UNITS SOLD
  • Units sold increased 0.5% year-over-year. In the previous month (March 2026), units sold decreased 1.2% year-over-year.
  • Units sold increased 1.3% compared to the previous month (March 2026). Units sold in March 2026 increased 4.0% compared to the previous month (February 2026).
• BASKETS (TRANSACTIONS) PER STORE
  • Baskets decreased 0.3% year-over-year. In the previous month (March 2026), baskets decreased 0.4% year-over-year.
  • Baskets increased 2.9% compared to the previous month (March 2026). Baskets in March 2026 increased 6.5% compared to the previous month (February 2026).
• AVERAGE PRICES
  • A dollar-weighted average of prices for the top 500 items purchased in April 2026 increased 2.2% year-over-year, more than the 1.4% year-over-year increase in March 2026.

Commentary from Brandon Thurber (VP, Data Sales & Client Success at NRS)

“Same-store sales accelerated in April, increasing 3.9% year-over-year compared to the 2.9% year-over-year growth recorded in March. The growth was powered by an increase in dollar sales per basket, which more than compensated for a slight decrease in transactions, continuing a long-term trend of increasing average per-visit spend.

“Turning to category performance, prepared cocktails and espresso experienced the strongest growth, and coconut water, sparkling water, and smokeless tobacco each posted strong double-digit gains. Rolling papers, frozen novelty, and wine-based cocktails also continued their steady climbs.

“Regionally, Raleigh Durham led the pack with a double-digit year-over-year sales increase while Los Angeles, Washington DC and Miami / Ft. Lauderdale all registered slight decreases.

“Our measure of inflation, reflecting the relative prices of the 500 top-selling products within our network, remained subdued at 2.2%.”

NRSInsights Reports

The NRSInsights monthly Retail Same-Store Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Same-store data comparisons of April 2026 with April 2025 are derived from approximately 232 million transactions processed through the approximately 25,300 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of April 2026 with March 2026 are derived from approximately 283 million transactions processed through approximately 33,000 stores.

Same-store data comparisons for the three months ended April 2026 with the year-ago three months are derived from approximately 643 million transactions processed through stores that scanned transactions in both three-month periods.

NRS POS Platform

The NRS platform predominantly serves small-format, independent, retail stores nationwide including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. These independent retailers operate in all 50 states and the District of Colombia, including 206 of the 210 designated market areas (DMAs) in the United States, and in Canada. During April 2026, NRS’ POS terminals processed $2.2 billion in sales (+13% year-over-year) across 145 million transactions.

About National Retail Solutions (NRS):

National Retail Solutions operates a leading point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers nationwide. Retailers utilize NRS offerings to process transactions, effectively manage their businesses, and integrate with leading online order and delivery platforms. Consumer packaged goods (CPG) suppliers, brokers, analytics firms, and advertisers access the terminal’s digital display network to reach these retailers’ predominantly urban, multi-cultural shopper base, and to harness transaction data-based learnings to identify growth opportunities and measure both execution and returns on marketing investment. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

NRSInsights Contact:
Brandon Thurber
VP, Data Sales & Client Success at NRS
National Retail Solutions
Brandon.Thurber@nrsplus.com

IDT Corporation Contact:

Bill Ulrey
william.ulrey@idt.net

# # #

NEWARK, N.J., April 30, 2026 (GLOBE NEWSWIRE) — BOSS Money, the popular international remittance and payments service, today announced special Mother’s Day promotions available during the month of May, making it simpler and more affordable for families to be a part of Mother’s Day and support Mom – even when you cannot be by her side.

Mother’s Day is about more than celebration. It is about honoring the women who keep families strong and connected. This May, BOSS Money is helping both new and existing customers honor and celebrate Mom with limited-time offers.

New Customer Offer – May 1 through May 31
During May, new customers save $10 off the send amount of their first transfer when sending $100 or more to Mexico, Guatemala, Honduras, El Salvador, Colombia, the Dominican Republic, Peru, or Ecuador by applying the promotional code available in the BOSS Money app.

As always, new customers on the BOSS Money app enjoy $0-fees on their first 5 money transfers to Mexico and their first 3 transfers to all other destinations.

Existing Customer Offer – May 7 through May 10
From May 7^th through May 10^th – the days surrounding Mother’s Day – existing customers can send one transfer to any BOSS Money destination worldwide with $0-fees, by applying the promo code in the BOSS Money app.

“Millions of our customers are immigrants who sacrifice to provide for their families – making Mother’s Day one of the most significant sending occasions of the year,” said Michelle Rendo, Head of Marketing for BOSS Money. “We want to make it easier for families to stay connected and support the moments that matter the most.”

America’s Highest-Rated Money Transfer App

In its most recent rankings, FXC Intelligence recognized BOSS Money as the top-rated money transfer app, with a near-perfect 4.9 rating. Across the Apple App Store and Google Play, BOSS Money has over 110,000 five-star reviews.

Features that BOSS Money Customers Can Count On

Built to support families across borders, the BOSS Money app delivers fast, secure, and transparent international transfers to more than 50 destination countries worldwide, with features that make sending simple:

• Transparent fee and exchange-rate previews before every transfer
• Fast delivery – funds often arrive within minutes
• Multiple payout options: bank deposits, cash pick-up, mobile wallets, direct-to-debit, and home delivery
• Secure, encrypted transactions with fraud alerts, Face ID, and passcode protection
• Real-time transfer tracking for senders and recipients
• Bilingual customer support in English and Spanish

To show up for Mom and celebrate her this Mother’s Day, download the BOSS Money app on iOS or Android or visit bossmoney.com.

Stay connected and follow BOSS Money on Instagram, Facebook and TikTok @bossmoney.official.

ABOUT BOSS MONEY

BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options including bank deposits, cash pick-up, mobile wallets, direct-to-debit, and home delivery. Customers can remit funds through WhatsApp, the highly rated BOSS Money and BOSS Revolution apps, or through licensed Boss Money retailers. BOSS money is the remittance and payments brand of IDT Corporation (NYSE: IDT).

CONTACT

IDT Corporation Investor Relations
Bill Ulrey
william.ulrey@idt.net

# # #

OTTAWA, Ontario, April 14, 2026 (GLOBE NEWSWIRE) — net2phone, a global leader in cloud communications and AI-powered customer-engagement solutions, today announced the availability of net2phone Sync for Canadian businesses.

Built for businesses of all sizes across Canada, net2phone Sync is a powerful, unified business communications platform that integrates voice, video, and messaging in a single intuitive experience – enabling teams and administrators to manage every conversation from one place.

For Canadian businesses seeking to modernize their communications infrastructure and deliver more personalized customer experiences, net2phone Sync provides a turnkey path to the cloud without complexity or compromise. All cloud data is encrypted and securely stored in Canada, meeting the data residency requirements critical to Canadian enterprises.

“net2phone Sync gives Canadian businesses everything they need to enhance their communications and streamline their operations, including a single platform for voice, video, and messaging, strong AI capabilities that turn conversations into action, and the peace of mind of Canadian data residency,” said Jonah Fink, President of net2phone. “Because we designed and built the Sync platform entirely in-house, we can move quickly – continuously adapting features and integrating new AI capabilities to help our customers stay ahead.”

Smarter conversations, faster workflows
net2phone Sync’s integrated AI capabilities – including voice and video call transcription, call and meeting summarization, and automated follow-ups – accelerate the handoff from conversation to action, reducing manual effort and keeping teams focused on what matters. Pre-built integrations with leading CRM platforms enable more informed, personalized interactions across every touchpoint.

Key net2phone Sync capabilities include:

• Unified voice, video, and messaging in a single-pane-of-glass interface
• AI-powered call and meeting transcription and summarization
• Automated post-conversation workflows and follow-up generation
• Native CRM integrations to enrich customer data and streamline processes
• Intuitive administration tools for fast deployment and easy management
• Secure encryption with all data hosted in Canada

To schedule a demo or learn more, visit net2phone.com/sync or contact 1-613-237-9329.

About net2phone:
net2phone’s innovative AI-powered communications and task execution help businesses around the globe succeed through smarter conversations, automated workflows, and enhanced insight. net2phone’s commitment to delivering reliable and high-quality communications services has earned it a reputation as a leader in both innovation and growth. net2phone is a subsidiary of IDT Corporation (NYSE: IDT). To learn more, please visit net2phone.com or connect on LinkedIn.

About IDT Corporation:
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions’ (NRS) point-of-sale (POS) platform enables independent retailers to operate more effectively while providing advertisers and marketers with reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides businesses with unified communications, customer experience, and AI-driven workflow solutions; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

net2phone Media Contact:
Denise D’Arienzo
VP of Marketing & Sales Operations
Email: denise.darienzo@net2phone.com

IDT Corporation Investor Relations Contact:
Bill Ulrey
Phone: (973) 438-3838
E-mail: invest@idt.net

March same-store salesincreased 2.9% year-over-year

The average price paid for the top 500 items in March increased 1.4% year-over-year

NEWARK, N.J., April 06, 2026 (GLOBE NEWSWIRE) — NRSInsights, a provider of sales data and analytics drawn from retail transactions processed through the National Retail Solutions (NRS) point-of-sale (POS) platform, today announced comparative retail same-store sales results for March 2026.

As of March 31, 2026, the NRS retail network comprised approximately 39,100 active terminals nationwide, scanning purchases at approximately 33,800 independent retailers, including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers, predominantly serving urban consumers.

March Highlights

(Same-store sales, unit sales, transactions, and average price data refer to March 2026 and are compared to March 2025 unless otherwise noted. All comparisons are provided on a “per calendar day” basis to remove from consideration variability in the number of days per month or three-month period.)

• SALES
  • Same-store sales increased 2.9% year-over-year. In the previous month (February 2026), same-store sales increased 4.0% year-over-year.

• • Same-store sales increased 4.3% compared to the previous month (February 2026). Same-store sales in February 2026 increased 4.4% compared to the previous month (January 2026).
  • For the three months ended March 31, 2026, same-store sales increased 3.8% compared to the corresponding three months a year ago.

• UNITS SOLD
  • Units sold decreased 1.2% year-over-year. In the previous month (February 2026), units sold decreased 0.2% year-over-year.
  • Units sold increased 4.0% compared to the previous month (February 2025). Units sold in February 2025 increased 2.1% compared to the previous month (January 2026).
• BASKETS (TRANSACTIONS) PER STORE
  • Baskets decreased 0.4% year-over-year. In the previous month (February 2026), baskets decreased 0.8% year-over-year.
  • Baskets increased 6.5% compared to the previous month (February 2026). Baskets in February 2026 increased 3.7% compared to the previous month (January 2026).
• AVERAGE PRICES
  • A dollar-weighted average of prices for the top 500 items purchased in March 2026 increased 1.4% year-over-year, less than the 2.7% year-over-year increase in February 2026.

Commentary from Brandon Thurber (VP, Data Sales & Client Success at NRS)

“March same-store sales increased 2.9% year-over-year, a decrease from the 4.0% growth rate recorded in February. Transactions and units both declined slightly compared to a year ago.

“Category performance painted a telling picture as the convenience store channel likely benefited from budget-conscious consumers who traded down from restaurant, bar and other on-premise food and beverage service.

“Prepared cocktails and packaged espresso each posted year-over-year gains north of 34% in March, while sparkling water, coconut water, and frozen novelty all grew more than 17%. Smokeless tobacco, energy beverages, and rolling papers also continued their steady climbs.

“Regionally, Raleigh-Durham stood out with 10% year-over-year dollar growth, and Boston and San Francisco each posted gains of 4.5% or more. New York – our largest market by store count – was essentially flat on dollars while transactions fell 3.3%. Miami and Houston both registered smaller decreases.

“Inflation eased, with the dollar-weighted average price for the top 500 items in March rising 1.4% year over year — down from 2.7% in February and the lowest rate of increase we have seen in nearly two years.

“As we head into the second quarter, recent trends, including the consecutive year-over-year decreases in transactions counts, the strong gains in certain ‘down-trading’ categories, and moderating price increases suggest that macro-economic uncertainty may have begun to weigh on discretionary spending.”

NRSInsights Reports

The NRSInsights monthly Retail Same-Store Sales Reports are intended to provide timely topline data reflective of sales at NRS’ network of independent, predominantly urban, retail stores.

Same-store data comparisons of March 2026 with March 2025 are derived from approximately 232 million transactions processed through the approximately 25,000 stores on the NRS network that scanned transactions in both months. Same-store data comparisons of March 2026 with February 2026 are derived from approximately 261 million transactions processed through approximately 32,700 stores.

Same-store data comparisons for the three months ended March 31, 2026 with the year-ago three months are derived from approximately 618 million transactions processed through those stores that scanned transactions in both three-month periods.

NRS POS Platform

The NRS platform predominantly serves small-format, independent, retail stores nationwide including convenience stores, bodegas, liquor stores, grocers, and tobacco and sundries sellers. These independent retailers operate in all 50 states and the District of Colombia, including 206 of the 210 designated market areas (DMAs) in the United States, and in Canada. During March 2026, NRS’ POS terminals processed $2.2 billion in sales (+8% year-over-year) across 145 million transactions.

About National Retail Solutions (NRS):

National Retail Solutions operates a leading point-of-sale (POS) terminal-based platform and digital payment processing service for independent retailers nationwide. Retailers utilize NRS offerings to process transactions, effectively manage their businesses, and integrate with leading online order and delivery platforms. Consumer packaged goods (CPG) suppliers, brokers, analytics firms, and advertisers access the terminal’s digital display network to reach these retailers’ predominantly urban, multi-cultural shopper base, and to harness transaction data-based learnings to identify growth opportunities and measure both execution and returns on marketing investment. NRS is a subsidiary of IDT Corporation (NYSE: IDT).

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

NRSInsights Contact:
Brandon Thurber
VP, Data Sales & Client Success at NRS
National Retail Solutions
Brandon.Thurber@nrsplus.com

IDT Corporation Contact:

Bill Ulrey
william.ulrey@idt.net

# # #

Attachment

• sales

NEWARK, N.J., March 17, 2026 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, will present at the Sidoti Virtual Investor Conference. The conference will be held on March 18^th and 19^th, 2026.

Marcelo Fischer, IDT’s Chief Financial Officer, and Bill Ulrey, VP Investor Relations, will provide an overview of the company’s operations, strategy, and financial results (through the second quarter of IDT’s fiscal year 2026) from 11:30 AM until 12:00 PM Eastern Time on Wednesday, March 18th. Mr. Fischer will also host one-on-one investor meetings during the conference.

The IDT presentation can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_26XTiTumS_GFSBJR6jLjtw

To register for the presentation or one-on-ones, visit: https://www.meetmax.com/sched/event_132523/investor_reg_new.html?attendee_role_id=SIDOTI_INVESTOR
Registration is free.

All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions‘ (NRS) point-of-sale (POS) platform enables independent retailers to operate more effectively while providing advertisers and marketers with reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides businesses with unified communications, customer experience, and AI-driven workflow solutions; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.

Contact:
Bill Ulrey
IDT Investor Relations
Phone: (973) 438-3838
E-mail: invest@idt.net

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