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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (8771)	6/3/1999 9:03:00 AM
From: Augustus Gloop	Read Replies (3) \| Respond to of 30916

Thursday June 3, 7:29 am Eastern Time IDT Q3 net falls HACKENSACK, N.J., June 3 (Reuters) - THREE MONTHS ENDED 04-30-99 04-30-98 Revenues $191,750,746 $87,111,571 Costs and expenses: Direct cost of revenues 150,183,148 59,504,684 Selling,general and administrative 29,965,754 20,343,714 Depreciation and amortization 6,901,812 2,765,592 ----------- ----------- Total cost and expenses 187,050,714 82,613,990 Income from operations 4,700,032 4,497,581 Income and other (net) (152,642) 337,806 ----------- ----------- Income before provision for income taxes and minority interest 4,547,390 4,835,387 Provision for income taxes 2,071,196 0 Minority interest expense 419,616 0 ----------- ----------- Net income $2,056,578 $4,835,387 =========== =========== EBITDA $11,601,844 $7,263,173 Net income per share (diluted) $0.06 $0.15 Weighted average no. of shares used in calculation of diluted EPS 35,730,964 32,693,177 Net income per share (basic) $0.06 $0.17 Weighted average no. of shares used in calculation of basic EPS 33,648,800 28,881,382 NINE MONTHS ENDED 04-30-99 04-30-98 ---------- ---------- STATEMENT OF OPERATIONS DATA Revenues $485,769,653 $212,815,337 Costs and expenses: Direct cost of revenues 377,848,927 151,814,495 Selling,general and administrative 70,771,839 44,050,129 Depreciation and amortization 18,637,001 6,553,165 ----------- ----------- Total costs and expenses 467,257,767 202,417,789 Income from operations 18,511,886 10,397,548 Income and other (net) (9,141) (445,587) ----------- ----------- Income before provision for income taxes and minority interest 18,502,745 9,951,961 Provision for income taxes 6,896,976 0 Minority interest expense 2,604,775 0 ----------- ----------- Net income $9,000,994 $9,951,961 =========== =========== EBITDA $37,148,887 $16,950,713 Net income per share (diluted) $0.25 $0.32 Weighted average no. of shares used in calculation of diluted EPS 35,404,696 30,808,692 Net income per share (basic) $0.27 $0.36 Weighted average no. of shares used in calculation of basic EPS 33,431,628 27,528,325 NOTE: Full name is IDT Corp.