NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — IDT Corp. (IDT) on Monday reported profit of $16.9 million in its fiscal fourth quarter.
On a per-share basis, the Newark, New Jersey-based company said it had net income of 67 cents. Earnings, adjusted for non-recurring costs, came to 76 cents per share.
The telecommunications company posted revenue of $316.6 million in the period.
For the year, the company reported profit of $76.1 million, or $3.01 per share. Revenue was reported as $1.23 billion.
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