any one home? we need oxygen on the idtc board please. from the wire,
it looks ok to me:
Dow Jones Newswires -- March 3, 1999
IDT Corp. 2Q Net 6c A Diluted Share Vs 12c
IDT Corp. - Hackensack, N.J. 2nd Quar Jan.31: 1998 1997
Revenue $160,741,076 $70,952,788
Net income 2,052,764 3,153,629
Avg shrs (basic) 33,332,371 23,330,274
Avg shrs (diluted) 35,343,627 27,053,511
Shr earns (basic) Net income .06 .14
Shr earns (diluted) Net income.06 .12
IDT Corp.
6 Months Jan. 31: 1999 1998Revenue $294,018,907 $125,703,766Net income 6,944,415 5,116,574Avg shrs (basic) 33,265,965 22,638,022Avg shrs (diluted) 35,476,587 26,087,362Shr earns (basic) Net income .21 .23Shr earns (diluted) Net income .20 .20
IDT Corp. (IDTC) said its telecommunications business continued to grow in the second quarter, with revenues increasing 137% to $149.2 million from $60.3 a year ago.
The company also said its second-quarter retail sales increased, driven by the company's pre-paid calling card business. Card revenues increased 375% to $86 million from $18.1 million a year ago.
The company said it finished the quarter with $140 million cash, which it believes is sufficient to fund ongoing capital expenditures.
IDT is a telecommunications company.
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