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Technology Stocks : IDT, IDT.C and NTOP
IDT 51.930.0%Dec 29 3:59 PM EST

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To: Torus who started this subject10/24/2003 4:30:27 PM
From: Torus   of 20
 
IDT Reports Results for Fourth Quarter and Fiscal Year 2003
Thursday, October 23, 2003 04:05 PM ET

NEWARK, N.J.--(BUSINESS WIRE)--Oct. 23, 2003--IDT Corporation (NYSE: IDT, IDT.C):
-- Annual Consolidated Revenues Increase 16%
-- IDT Telecom '03 Operating Profits Double Those of '02
-- Strong Cost Controls Yield a $30 Million Year-over-Year Improvement in Consolidated SG&A Expenses
-- Cash, Cash Equivalents & Marketable Securities Remain Above $1 Billion

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