IDT (NYSE:IDT) Stock

IDT Corp is a multinational holding company. It operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions; net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.

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As of March 7, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

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IDT shares are trading higher after the company reported a year-over-year increase in Q1 financial results.

IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly earnings of $0.71 per share. This is a 121.87 percent increase over earnings of $0.32 per share from the same period last year. The company reported $309.57 million in sales this quarter. This is a 2.78 percent increase over sales of $301.20 million the same period last year.

IDT Q1 Adj $0.71 Up From $0.32 YoY, Sales $309.57M Up From $301.20M YoY

<h3>Companies Reporting Before The Bell</h3>
• Daktronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAKT#NASDAQ">DAKT</a>) is estimated to report quarterly earnings at $0.20 per share on revenue of $202.59 million. 
• SecureWorks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCWX#NASDAQ">SCWX</a>) is projected to report quarterly earnings at $0.00 per share on revenue of $81.39 million. 
• Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $2.00 billion. 
• Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) is projected to report quarterly earnings at $0.72 per share on revenue of $2.23 billion. 
• Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) is expected to report quarterly earnings at $1.08 per share on revenue of $7.44 billion. 
• Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) is likely to report quarterly earnings at $0.42 per share on revenue of $3.14 billion. 
• Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) is expected to report quarterly earnings at $0.08 per share on revenue of $2.90 billion. 
• WisdomTree International LargeCap Dividend Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOL#NYSE">DOL</a>) is projected to report quarterly earnings at $0.98 per share on revenue of $1.57 billion. 
• Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) is projected to report quarterly earnings at $2.57 per share on revenue of $2.95 billion. 
• Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) is expected to report quarterly earnings at $3.01 per share on revenue of $14.72 billion. 
• Gaotu Techedu (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOTU#NYSE">GOTU</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $172.78 million. 
<h3>Companies Reporting After The Bell</h3>
• Culp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) is likely to report quarterly loss at $0.18 per share on revenue of $58.00 million. 
• DLH Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLHC#NASDAQ">DLHC</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $101.00 million. 
• PVH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PVH#NYSE">PVH</a>) is expected to report quarterly earnings at $2.59 per share on revenue of $2.22 billion. 
• Ooma (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OOMA#NYSE">OOMA</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $64.32 million. 
• KNOT Offshore Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNOP#NYSE">KNOP</a>) is projected to report quarterly loss at $0.04 per share on revenue of $73.49 million. 
• ChargePoint Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) is expected to report quarterly loss at $0.09 per share on revenue of $89.58 million. 
• SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) is expected to report quarterly loss at $0.20 per share on revenue of $209.72 million. 
• Sprinklr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CXM#NYSE">CXM</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $196.40 million. 
• Ncino (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNO#NASDAQ">NCNO</a>) is projected to report quarterly earnings at $0.16 per share on revenue of $137.38 million. 
• Verint Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNT#NASDAQ">VRNT</a>) is projected to report quarterly earnings at $0.43 per share on revenue of $210.03 million. 
• Greif (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEF#NYSE">GEF</a>) is projected to report quarterly earnings at $1.10 per share on revenue of $1.41 billion. 
• Five Below (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>) is likely to report quarterly earnings at $0.17 per share on revenue of $798.58 million. 
• Star Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGU#NYSE">SGU</a>) is estimated to report earnings for its fourth quarter. 
• AeroVironment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAV#NASDAQ">AVAV</a>) is likely to report quarterly earnings at $0.68 per share on revenue of $181.44 million. 
• IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) is likely to report earnings for its first quarter. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.30 billion. 
• Container Store Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TCS#NYSE">TCS</a>) is expected to report quarterly earnings at $0.11 per share on revenue of $45.20 million. 
• Synopsys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) is expected to report quarterly earnings at $3.30 per share on revenue of $1.63 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For December 4, 2024

MARCELO FISCHER, Chief Financial Officer at IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>), disclosed an insider sell on October 15, according to a recent SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001005731/000095017024114806//Archives/edgar/data/1005731/000095017024114806/0000950170-24-114806-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that FISCHER sold 2,406 shares of IDT. The total transaction amounted to $114,787. 
IDT's shares are actively trading at $46.59, experiencing a down of 0.38% during Wednesday's morning session.
<h3>Discovering IDT: A Closer Look</h3>
IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions &amp; net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.
<h3>Understanding the Numbers: IDT's Finances</h3>
Revenue Growth: Over the 3 months period, IDT showcased positive performance, achieving a revenue growth rate of 3.07% as of 31 July, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 33.09%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): IDT's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 1.45.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: IDT's current Price to Earnings (P/E) ratio of 18.41 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.99, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 12.01 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001005731">Check Out The Full List Of IDT's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Chief Financial Officer Of IDT Makes $114K Sale

U.S. stocks were higher, with the Dow Jones index gaining around 0.2% on Wednesday.
Shares of Arcadium Lithium plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALTM#NYSE">ALTM</a>) rose sharply during Wednesday's session after the company <a href="https://www.benzinga.com/m-a/24/10/41250060/arcadium-lithium-stock-is-soaring-wednesday-whats-behind-the-move">announced it will be acquired by Rio Tinto.</a>
Rio Tinto and Arcadium Lithium entered into a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share, valuing the company at approximately $6.7 billion.
Arcadium Lithium shares jumped 30.5% to $5.54 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares surged 33.1% to $6.89.</li>
<li>Helen of Troy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) gained 20.6% to $75.22 after the company reported better-than-expected second-quarter financial results.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) shares jumped 15.7% to $61.31 after the company announced a new portfolio of fabric switches purpose-build for AI infrastructure at cloud-scale. Also, Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $55 to $74.</li>
<li>Standard Lithium Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLI#NYSE">SLI</a>) surged 14.6% to $1.9788.</li>
<li>IDT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) gained 14.5% to $44.03.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) climbed 10.7% to $0.9196.</li>
<li>Sigma Lithium Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGML#NASDAQ">SGML</a>) rose 9.4% to $14.44.</li>
<li>Biomea Fusion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMEA#NASDAQ">BMEA</a>) surged 9.3% to $12.46. EF Hutton analyst Jason Kolbert initiated coverage on Biomea Fusion with a Buy rating and announced a price target of $128.</li>
<li>Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) gained 8.1% to $22.48. Citigroup analyst James Hardiman upgraded Norwegian Cruise Line from Neutral to Buy and raised the price target from $20 to $30.</li>
<li>Array Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) rose 6.8% to $6.88.</li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) climbed 5.4% to $47.80.</li>
<li>GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) gained 5.3% to $52.60. Morgan Stanley analyst Sanjit Singh initiated coverage on GitLab with an Overweight rating and announced a price target of $70.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) rose 3.3% to $30.50. TD Cowen analyst Bill Kerr initiated coverage on Chewy with a Buy rating and announced a price target of $38.</li>
</ul>
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IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly earnings of $0.57 per share. This is a 58.33 percent increase over earnings of $0.36 per share from the same period last year. The company reported $308.80 million in sales this quarter. This is a 1.62 percent increase over sales of $303.88 million the same period last year.

IDT Q4 Adj $0.57 Up From $0.36 YoY, Sales $308.80M Up From $303.88M YoY

IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly earnings of $0.38 per share. This is a 17.39 percent decrease over earnings of $0.46 per share from the same period last year. The company reported $299.60 million in sales this quarter. This is a 0.10 percent increase over sales of $299.30 million the same period last year.

IDT Q3 Adj $0.38 Down From $0.46 YoY, Sales $299.60M Up From $299.30M YoY

BOSS Money Announces Expansion Of Money Transfer Service To Include Domestic Transfers Within The U.S

As of March 7, 2024, three stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>IDT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/idt#NYSE">IDT</a>)</h3>
<ul>
<li>On March 6, IDT posted an increase in EPS for its second quarter. Shmuel Jonas, CEO, said, &ldquo;The second quarter was highlighted by the continued expansion of our growth businesses, with both NRS and BOSS Money surpassing the $100 million annual revenue run rate milestone.&rdquo; The company&rsquo;s stock gained around 7% over the past month and has a <a href="https://www.benzinga.com/quote/IDT">52-week high of $38.04 </a>.</li>
<li>RSI Value: 72.33</li>
<li>IDT Price Action: Shares of IDT gained 0.4% to close at $37.19 on Wednesday.</li>
</ul>
<h3>Sphere Entertainment Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sphr#NYSE">SPHR</a>)</h3>
<ul>
<li>On Feb. 5, Sphere Entertainment clocked a 97% year-on-year revenue growth to $314.2 million, beating the consensus of $301.8 million. Executive Chairman and CEO James L. Dolan said, &ldquo;With positive adjusted operating income at the Sphere segment in our first full quarter of operations in Las Vegas, our early results are beginning to prove that thesis, and we remain confident in the global opportunities ahead.&rdquo; The company&rsquo;s stock gained around 15% over the past five days and <a href="https://www.benzinga.com/quote/SPHR"> has a 52-week high </a> of $49.00.</li>
<li>RSI Value: 80.93</li>
<li>SPHR Price Action: Shares of Sphere Entertainment gained 1.2% to close at $48.12 on Wednesday.</li>
</ul>
<h3>Sea Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/se#NYSE">SE</a>)</h3>
<ul>
<li>On March 4, Sea reported fourth-quarter fiscal 2023 revenue growth of 4.8% year-on-year to $3.62 billion, beating the consensus of $3.55 billion. &ldquo;I am happy to share that we have achieved our first full year of annual profit since our IPO,&rdquo; said Forrest Li, Sea&rsquo;s Chairman and Chief Executive Officer. The company&rsquo;s stock gained around 22% over the past five days has a <a href="https://www.benzinga.com/quote/SE"> 52-week high </a> of $88.84.</li>
<li>RSI Value: 88.80</li>
<li>SE Price Action: Shares of Sea gained 6.2% to close at $59.22 on Wednesday.</li>
</ul>
&nbsp;
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5

IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly earnings of $0.67 per share. This is a 8.06 percent increase over earnings of $0.62 per share from the same period last year. The company reported $296.10 million in sales this quarter. This is a 5.68 percent decrease over sales of $313.94 million the same period last year.

IDT Q2 EPS $0.67 Up From $0.62 YoY, Sales $296.10M Down From $313.94M YoY

<h3>Companies Reporting Before The Bell</h3>
&bull; CTS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTS#NYSE">CTS</a>) is estimated to report quarterly earnings at $0.14 per share on revenue of $708.85 million.
&bull; Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is likely to report quarterly earnings at $0.32 per share on revenue of $2.28 billion.
&bull; JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) is likely to report quarterly earnings at $0.63 per share on revenue of $42.16 billion.
&bull; Super Group (SGHC) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGHC#NYSE">SGHC</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $326.63 million.
&bull; Sotherly Hotels (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOHO#NASDAQ">SOHO</a>) is projected to report earnings for its fourth quarter.
&bull; Thor Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THO#NYSE">THO</a>) is estimated to report quarterly earnings at $0.67 per share on revenue of $2.27 billion.
&bull; Nexxen International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $86.80 million.
&bull; VersaBank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBNK#NASDAQ">VBNK</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $22.43 million.
&bull; Abercrombie &amp; Fitch (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) is expected to report quarterly earnings at $2.83 per share on revenue of $1.43 billion.
&bull; Brown Forman Inc Class B Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $1.12 billion.
&bull; WAVE Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WVE#NASDAQ">WVE</a>) is likely to report quarterly loss at $0.23 per share on revenue of $19.86 million.
&bull; Yatsen Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YSG#NYSE">YSG</a>) is projected to report earnings for its fourth quarter.
&bull; iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDIG#NASDAQ">SDIG</a>) is projected to report quarterly loss at $0.98 per share on revenue of $22.21 million.
&bull; InspireMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSPR#NASDAQ">NSPR</a>) is expected to report quarterly loss at $0.19 per share on revenue of $1.63 million.
&bull; Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) is estimated to report quarterly earnings at $0.99 per share on revenue of $658.50 million.
&bull; Kamada (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KMDA#NASDAQ">KMDA</a>) is projected to report quarterly earnings at $0.05 per share on revenue of $37.71 million.
&bull; PureCycle Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCT#NASDAQ">PCT</a>) is projected to report quarterly loss at $0.23 per share on revenue of $180 thousand.
&bull; Xeris Biopharma Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XERS#NASDAQ">XERS</a>) is estimated to report quarterly loss at $0.10 per share on revenue of $43.55 million.
&bull; Genius Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GENI#NYSE">GENI</a>) is expected to report quarterly loss at $0.07 per share on revenue of $126.13 million.
&bull; Adaptimmune Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADAP#NASDAQ">ADAP</a>) is estimated to report quarterly loss at $0.10 per share on revenue of $20.47 million.
&bull; NeueHealth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEUE#NYSE">NEUE</a>) is estimated to report quarterly loss at $4.16 per share on revenue of $283.44 million.
&bull; Campbell Soup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $2.44 billion.
&bull; EVgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) is projected to report quarterly loss at $0.18 per share on revenue of $44.03 million.
&bull; Hippo Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIPO#NYSE">HIPO</a>) is estimated to report quarterly loss at $2.01 per share on revenue of $55.25 million.
&bull; BrainsWay (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWAY#NASDAQ">BWAY</a>) is expected to report quarterly loss at $0.01 per share on revenue of $8.42 million.
&bull; Fusion Fuel Green (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTOO#NASDAQ">HTOO</a>) is estimated to report quarterly loss at $0.40 per share on revenue of $1.75 million.
&bull; European Wax Center (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) is projected to report quarterly earnings at $0.07 per share on revenue of $54.08 million.
&bull; REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) is likely to report quarterly earnings at $0.15 per share on revenue of $579.42 million.
&bull; United Natural Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) is likely to report quarterly loss at $0.01 per share on revenue of $7.87 billion.
&bull; Berry Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRY#NASDAQ">BRY</a>) is projected to report quarterly earnings at $0.24 per share on revenue of $182.37 million.
&bull; Brown Forman Inc Class A Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BF#NYSE">BF</a>) is estimated to report earnings for its third quarter.
&bull; Trinity Cap (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIN#NASDAQ">TRIN</a>) is estimated to report quarterly earnings at $0.54 per share on revenue of $46.42 million.
&bull; Antero Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>) is expected to report earnings for its fourth quarter.
<h3>Companies Reporting After The Bell</h3>
&bull; Descartes Systems Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSGX#NASDAQ">DSGX</a>) is likely to report quarterly earnings at $0.37 per share on revenue of $144.29 million.
&bull; Emergent BioSolutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>) is estimated to report quarterly loss at $0.19 per share on revenue of $293.53 million.
&bull; Fortuna Silver Mines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) is estimated to report quarterly earnings at $0.10 per share on revenue of $261.00 million.
&bull; Inovio Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INO#NASDAQ">INO</a>) is estimated to report quarterly loss at $1.27 per share on revenue of $340 thousand.
&bull; Companhia Siderurgica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SID#NYSE">SID</a>) is likely to report quarterly earnings at $0.19 per share on revenue of $2.32 billion.
&bull; Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $44.09 million.
&bull; TDCX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDCX#NYSE">TDCX</a>) is expected to report quarterly earnings at $0.09 per share on revenue of $121.92 million.
&bull; Vermilion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VET#NYSE">VET</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $440.69 million.
&bull; VSE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSEC#NASDAQ">VSEC</a>) is expected to report quarterly earnings at $0.75 per share on revenue of $234.91 million.
&bull; Victoria&#39;s Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) is projected to report quarterly earnings at $2.47 per share on revenue of $2.09 billion.
&bull; SandRidge Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SD#NYSE">SD</a>) is likely to report earnings for its fourth quarter.
&bull; CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) is projected to report earnings for its fourth quarter.
&bull; Grove Collaborative Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GROV#NYSE">GROV</a>) is expected to report quarterly loss at $0.23 per share on revenue of $61.45 million.
&bull; KLX Energy Services Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLXE#NASDAQ">KLXE</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $212.97 million.
&bull; Culp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) is likely to report quarterly loss at $0.16 per share on revenue of $59.49 million.
&bull; GEN Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GENK#NASDAQ">GENK</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $43.95 million.
&bull; MISTRAS Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MG#NYSE">MG</a>) is estimated to report quarterly earnings at $0.15 per share on revenue of $174.28 million.
&bull; IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) is projected to report earnings for its second quarter.
&bull; FRP Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRPH#NASDAQ">FRPH</a>) is projected to report earnings for its fourth quarter.
&bull; Global Water Resources (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWRS#NASDAQ">GWRS</a>) is estimated to report quarterly earnings at $0.05 per share on revenue of $12.00 million.
&bull; NeoGames (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGMS#NASDAQ">NGMS</a>) is projected to report quarterly loss at $0.07 per share on revenue of $54.53 million.
&bull; Hamilton Beach Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBB#NYSE">HBB</a>) is estimated to report earnings for its fourth quarter.
&bull; Amplify Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>) is likely to report quarterly earnings at $0.18 per share on revenue of $76.22 million.
&bull; Pampa Energia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAM#NYSE">PAM</a>) is likely to report quarterly loss at $0.09 per share on revenue of $421.19 million.
&bull; Talphera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLPH#NASDAQ">TLPH</a>) is estimated to report quarterly loss at $0.20 per share on revenue of $280 thousand.
&bull; Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) is expected to report quarterly loss at $0.12 per share on revenue of $70 thousand.
&bull; HighPeak Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPK#NASDAQ">HPK</a>) is expected to report quarterly earnings at $0.65 per share on revenue of $339.52 million.
&bull; BRC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRCC#NYSE">BRCC</a>) is estimated to report quarterly loss at $0.01 per share on revenue of $123.75 million.
&bull; MDxHealth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDXH#NASDAQ">MDXH</a>) is likely to report quarterly loss at $0.11 per share on revenue of $18.14 million.
&bull; NACCO Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NC#NYSE">NC</a>) is estimated to report earnings for its fourth quarter.
&bull; Enhabit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHAB#NYSE">EHAB</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $260.16 million.
&bull; Intrepid Potash (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPI#NYSE">IPI</a>) is projected to report quarterly loss at $0.06 per share on revenue of $43.57 million.
&bull; OneSpan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSPN#NASDAQ">OSPN</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $58.26 million.
&bull; Honest Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) is estimated to report quarterly loss at $0.08 per share on revenue of $84.14 million.
&bull; SilverCrest Metals (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SILV#AMEX">SILV</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $44.09 million.
&bull; AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) is estimated to report quarterly loss at $0.11 per share on revenue of $7.93 million.
&bull; comScore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCOR#NASDAQ">SCOR</a>) is likely to report quarterly earnings at $0.20 per share on revenue of $97.69 million.
&bull; Viemed Healthcare (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMD#NASDAQ">VMD</a>) is projected to report quarterly earnings at $0.10 per share on revenue of $50.00 million.
&bull; Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is projected to report earnings for its third quarter.
&bull; ChromaDex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDXC#NASDAQ">CDXC</a>) is estimated to report quarterly loss at $0.03 per share on revenue of $20.98 million.
&bull; Whitestone REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSR#NYSE">WSR</a>) is projected to report earnings for its fourth quarter.
&bull; Aris Water Solutions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) is estimated to report earnings for its fourth quarter.
&bull; OrthoPediatrics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIDS#NASDAQ">KIDS</a>) is expected to report quarterly loss at $0.28 per share on revenue of $37.73 million.
&bull; Invesco National AMT-Free Municipal Bond ETFo (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PZA#NYSE">PZA</a>) is estimated to report earnings for its fourth quarter.
&bull; Hudson Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HDSN#NASDAQ">HDSN</a>) is projected to report quarterly earnings at $0.08 per share on revenue of $40.28 million.
&bull; Stabilis Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNG#NASDAQ">SLNG</a>) is projected to report earnings for its fourth quarter.
&bull; Airgain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRG#NASDAQ">AIRG</a>) is projected to report quarterly loss at $0.20 per share on revenue of $10.00 million.
&bull; Finance of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) is projected to report quarterly loss at $0.08 per share on revenue of $63.22 million.
&bull; Yext (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YEXT#NYSE">YEXT</a>) is likely to report quarterly earnings at $0.07 per share on revenue of $100.24 million.
&bull; TriplePoint Venture Gwth (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPVG#NYSE">TPVG</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $33.13 million.
&bull; CompoSecure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPO#NASDAQ">CMPO</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $96.49 million.
&bull; Kodiak Gas Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGS#NYSE">KGS</a>) is expected to report quarterly earnings at $0.29 per share on revenue of $222.52 million.
&bull; Cyber Hornet S&amp;P 500 and Bitcoin 75/25 Strategy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZZZ#NASDAQ">ZZZ</a>) is likely to report quarterly earnings at $0.53 per share on revenue of $247.43 million.
&bull; Ellington Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EARN#NYSE">EARN</a>) is projected to report quarterly earnings at $0.23 per share on revenue of $2.46 million.
&bull; Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) is expected to report quarterly loss at $0.72 per share on revenue of $29.34 million.
&bull; Lulus Fashion Lounge (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVLU#NASDAQ">LVLU</a>) is estimated to report quarterly loss at $0.10 per share on revenue of $73.40 million.
&bull; Rush Street Interactive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>) is likely to report quarterly loss at $0.03 per share on revenue of $178.56 million.
&bull; Hamilton Insurance Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HG#NYSE">HG</a>) is expected to report quarterly earnings at $0.65 per share on revenue of $15.30 million.
&bull; Infinera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INFN#NASDAQ">INFN</a>) is likely to report quarterly earnings at $0.09 per share on revenue of $437.34 million.
&bull; Riley Exploration Permian (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/REPX#AMEX">REPX</a>) is estimated to report quarterly earnings at $1.60 per share on revenue of $94.75 million.
&bull; Zymeworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYME#NASDAQ">ZYME</a>) is expected to report quarterly loss at $0.43 per share on revenue of $15.45 million.
&bull; Miller Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLR#NYSE">MLR</a>) is projected to report earnings for its fourth quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ADAP

AEYE

AIRG

AMPY

ARIS

BRCC

BWAY

CDXC

CMPO

CPSH

DSGX

EARN

EHAB

EVGO

EWCZ

FRPH

GENI

GENK

GROV

GWRS

HDSN

HIPO

HNST

HTOO

INFN

KEQU

KIDS

KLXE

KMDA

LVLU

MDXH

NEUE

NEXN

NGMS

NSPR

OSPN

PowerShares Insured Municipal Bond Portfolio

REPX

REVG

SCOR

SDIG

SGHC

SILV

SLNG

SOHO

SPIR

TDCX

TLPH

TPVG

TRIN

UNFI

VBNK

VSCO

VSEC

XERS

YEXT

ZYME

Earnings Scheduled For March 6, 2024

WaveMAX Corporation (&#39;WaveMAX&#39;), the pioneer of the world&#39;s first shared WiFi network, has relaunched its SharedFi mobile app for users to share and monetize any password-protected WiFi (homespot and/or mobile hotspots) in a revenue share business model with Mobile Virtual Network Operators (MVNO) and other partners.
WaveMAX will include Zendit functionality for users to be able to apply revenue share to get mobile top-ups and eSIM (embedded Subscriber Identity Module) from Zendit, a cloud-based prepaid-as-a-service business of IDT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) (&#39;IDT&#39;) as part of the initiative just unveiled by Zendit at the Mobile World Congress 2024 (MWC) in Barcelona, Spain.

SharedFi Collaborates With IDT's Zendit And PagaPhone, Introduces Mobile Top-Up And eSIM Services

Making a noteworthy insider sell on December 21, MARCELO FISCHER, Chief Financial Officer at IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>), is reported in the latest SEC filing.
What Happened: FISCHER's decision to sell 2,937 shares of IDT was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001005731/000120919123059422//Archives/edgar/data/1005731/000120919123059422/0001209191-23-059422-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $100,592.
The latest update on Friday morning shows IDT shares down by 0.0%, trading at $33.84.
<h3>Unveiling the Story Behind IDT</h3>
IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions &amp; net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.
<h3>IDT's Financial Performance</h3>
Revenue Growth: IDT's revenue growth over a period of 3 months has faced challenges. As of 31 October, 2023, the company experienced a revenue decline of approximately -6.4%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a low gross margin of 31.35%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): IDT's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.3.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 23.34, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.71, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 8.43, IDT's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001005731">Check Out The Full List Of IDT's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Transaction: MARCELO FISCHER Sells $100K Worth Of IDT Shares

The company said it is&nbsp;optimistic that net2phone AI and net2phone&#39;s forthcoming premium plans will help to drive meaningful ARPU and margin expansion.

Guidance

IDT Says Very Well Positioned As It Head Into Q2 Of FY24; Plans To Continue To Purchase Shares Opportunistically

IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly Adj earnings of $0.32 per share. This is a 25.58 percent decrease over earnings of $0.43 per share from the same period last year. The company reported $301.20 million in sales this quarter. This is a 6.40 percent decrease over sales of $321.82 million the same period last year.

IDT Q1 Adj EPS $0.32 Down From $0.43 YoY, Sales $301.20M Down From $321.82M YoY

<h3>Companies Reporting Before The Bell</h3>
&bull; Fusion Fuel Green (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTOO#NASDAQ">HTOO</a>) is likely to report quarterly loss at $0.23 per share on revenue of $4.90 million.
&bull; Science Applications Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NYSE">SAIC</a>) is likely to report quarterly earnings at $1.69 per share on revenue of $1.79 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Culp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CULP#NYSE">CULP</a>) is expected to report quarterly loss at $0.22 per share on revenue of $57.80 million.
&bull; JOANN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JOAN#NASDAQ">JOAN</a>) is likely to report quarterly loss at $0.21 per share on revenue of $547.20 million.
&bull; GitLab (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) is projected to report quarterly loss at $0.01 per share on revenue of $141.48 million.
&bull; IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) is projected to report earnings for its first quarter.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

JOAN

SAIC

Earnings Scheduled For December 4, 2023

Tori Samples, Senior Product Manager at&nbsp;Stellar Development Foundation&nbsp;will be speaking at the upcoming&nbsp;<a href="https://www.benzinga.com/go/crypto-conference-article-link" rel="noopener noreferrer" target="_blank">Benzinga&#39;s F</a><a href="https://www.benzinga.com/go/crypto-conference-article-link">uture Of Digital Assets.</a>&nbsp;Mark Nov. 14 on your calendar for the must-attend gathering in the industry!
The views expressed belong to the author and do not necessarily reflect the views of any organizations they represent.
When I started pitching my blockchain-based startup in 2018, I included a sobering statistic to indicate the size of the total addressable market: 68 million people around the world were forcibly displaced at the time. Most of them were under and unbanked, with few financial services available to them. Five years later, that number is almost double. Over 108 million people are displaced; their financial options remain alarmingly similar. One area of substantial change has been in blockchain-enabled services. Digital wallets provide much-needed access to the formal financial system as the cost of remittances remains stubbornly high, bank de-risking plagues financial inclusion efforts, devaluation of local currency erodes savings, and local identity requirements exclude many immigrants from accessing bank accounts. Users benefit from the global nature of blockchain-based products, with portability of funds and easier preservation of value when crossing borders. For people on the move, this combination of traits is rare. Even for those not at risk of being displaced, economic instability has created a predictable cycle of crisis across the world. Digital wallets allow people in emerging economies to access global currencies through fiat-backed stablecoins. This mitigates the impact of local currency devaluation in environments in which every peso, kwacha, franc, or shilling matters.
I&rsquo;ve seen firsthand the impact these products make for marginalized populations. I built a digital wallet for refugees and migrants in Africa, <a href="https://bossmoney.africa/">Boss Money</a>, that was acquired by IDT (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/idt#NYSE">IDT</a>) in 2022. As we scaled across the continent, we witnessed how cross-border, blockchain-enabled services could benefit not just refugees but small traders, families, and travelers. Rather than sending money in an envelope on a bus, a user could cash into Boss Money digitally from their Ugandan mobile money account and pay for a family member&rsquo;s utility bill in Kenya. I could travel from my home in Rwanda to a neighboring country without needing cash or a mobile money account in that country. As products must always be driven by their user base, we built the wallet for basic phones (non-smartphones) first. We added a smartphone app several years later. Even people with a smartphone can access Boss Money through USSD without needing data or an internet connection. The wallet processes all transactions over the Stellar network in local currency stablecoins. Boss Money continues to thrive under IDT and enable economic security for the marginalized.
I joined the Stellar Development Foundation last year to lead the development of <a href="https://stellar.org/use-cases/stellar-for-aid">Stellar Aid Assist</a> after Russia&rsquo;s full-scale invasion of Ukraine. Stellar Aid Assist helps humanitarian organizations like <a href="https://www.unhcr.org/ua/en/52555-unhcr-launches-pilot-cash-based-intervention-using-blockchain-technology-for-humanitarian-payments-to-people-displaced-and-impacted-by-the-war-in-ukraine-unhcr-has-launched-a-first-of-its-kind-integ.html">UNHCR</a> to send funds to people in need. Many humanitarian organizations operate cash and voucher assistance (CVA) programs as an alternative to providing physical goods like blankets and food. These programs allow recipients to have agency over their day-to-day lives, even in a time of crisis. They have been proven effective across the world. However, the legacy financial system presents hurdles to cash programs and interrupts the amazing work humanitarian organizations perform. Bank wires are expensive, slow, and only applicable to a portion of the recipient population. Money in transit is difficult to track. Delivering funds in physical cash can place recipients (and staff) at risk. The shortcomings of the legacy financial system disproportionately affect marginalized populations. Shifting these payments to a blockchain like the Stellar network&nbsp;benefits both the senders and receivers of funds. Humanitarian organizations can process tens of thousands of payments nearly instantly, for negligible fees, with 100% certainty when funds arrive. It doesn&rsquo;t matter how big or small each payment is. Receivers can access their money on their phone, no matter where they are or where they go. They receive funds in a stable form like digital dollars on the Stellar network. They can cash out funds digitally or to physical cash through global off-ramps like MoneyGram International. These funds serve as a lifeline in a time of crisis. Stellar Aid Assist is powered by the <a href="https://stellar.org/products-and-tools/disbursement-platform">Stellar Disbursement Platform</a>, an open source bulk payments tool that is free and accessible to all. The Stellar Disbursement Platform is equally beneficial outside of aid for use cases like cross-border payroll, government social programs, and paying freelancers around the world who cannot access bank accounts.
My biggest lesson through this journey is that, generally, users don&rsquo;t care about the tech. They care about what a product enables for them and/or how it makes their life better. I liken this to using an elevator. I don&rsquo;t need to know how the elevator works. It conveniently transports me up and down. I might not use it every time an elevator is available but it can be immensely helpful in certain situations. I trust it to get me where I need to go. Blockchain does the same for financial transactions. It serves as a conduit for transporting value. It is not appropriate for every situation but can enable new access and make life measurably better in certain contexts. It&rsquo;s worth noting that elevators didn&rsquo;t become commonplace or trusted overnight. Music was installed to make people less anxious. A human operator helped users navigate the system. This is our role as people working in the blockchain and crypto industry. Yes, we build the tools, but we can&rsquo;t stop there. We also must build the safety standards, ensure adequate regulatory oversight, and help people become comfortable with the products in whatever ways speak to them. When we shift our focus to creating a pleasant ride with a clear, beneficial outcome instead of blasting the mechanics, we will see widespread adoption, comfort, and sustainable impact.
I&rsquo;ll be speaking on this topic at <a href="http://www.benzinga.com/go/crypto-conference-article-link">Benzinga&rsquo;s Future of Digital Assets</a> conference and hope you&rsquo;ll join me there to continue the discussion.
Tori Samples is a Senior Product Manager at the Stellar Development Foundation, where she leads humanitarian use cases and bulk disbursements. Before SDF, Tori was Co-Founder and CTO of Leaf Global Fintech, a blockchain-based digital wallet providing cross-border financial services on smartphones and non-smartphones. Tori built Leaf&#39;s system from the ground up in Rwanda. Initially designed for refugees and cross-border traders, Leaf operates across East Africa as Boss Money and was acquired by IDT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/idt#NYSE">IDT</a>) in 2022. Tori&#39;s background before Leaf was in tech as a Data Architect. She has an MBA from Vanderbilt University and is a certified Expert in Financial Inclusion Policy through the Alliance for Financial Inclusion and the Frankfurt School of Finance &amp; Management.
<img alt="tori.png" src="https://www.benzinga.com/files/images/2023/November/13/tori.png" style="height:450px; width:450px" />

Tori Samples: The Elevator Of Aid - Blockchain's Role In Humanitarian Payments

The most overbought stocks in the communication services sector presents an opportunity to go short on these overvalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70.</a>
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>Telecom Argentina S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/teo#NYSE">TEO</a>)</h3>
<ul>
<li>Telecom Argentina reported a net income of P$39,407 million for the six month period ended June 30, 2023.. The company&rsquo;s stock has a <a href="https://www.benzinga.com/quote/TEO">52-week high of $6.88.</a></li>
<li>RSI Value: 70.54</li>
<li>TEO Price Action: Shares of Telecom Argentina fell 2.3% to close at $5.87 on Thursday.</li>
</ul>
<h3>Frontier Communications Parent, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fybr#NASDAQ">FYBR</a>)</h3>
<ul>
<li>Benchmark analyst Matthew Harrigan reiterated Frontier Communications Parent with a Buy and a $35 price target. The company&rsquo;s <a href="https://www.benzinga.com/quote/FYBR"> stock has a 52-week high </a> of $30.83.</li>
<li>RSI Value: 71.56</li>
<li>FYBR Price Action: Shares of Frontier Communications fell 0.8% to close at $18.78 on Thursday.</li>
</ul>
<h3>SciPlay Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/scpl#NASDAQ">SCPL</a>)</h3>
<ul>
<li>SciPlay reported stronger-than-expected second-quarter financial results. Josh Wilson, Chief Executive Officer of SciPlay, commented, &quot;SciPlay has consistently grown our business and led the social casino market in performance over the past six consecutive quarters. Our strong and consistent growth reflects the delivery of great gaming and entertainment experiences to our players, and the unrivaled execution of our team.&quot; The company has a <a href="https://www.benzinga.com/quote/SCPL"> 52-week high </a> of $22.96.</li>
<li>RSI Value: 75.92</li>
<li>SCPL Price Action: Shares of SciPlay rose 0.1% to close at $22.94 on Thursday.</li>
</ul>
<h3>IDT Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/idt#NYSE">IDT</a>)</h3>
<ul>
<li>IDT reported a decline in adjusted EPS for the fourth quarter. Shmuel Jonas, CEO said, &ldquo;Our results this quarter were highlighted by the continued expansion of our three high-growth, high-margin businesses, while our Traditional Communications segment performed as expected.&rdquo; The company&rsquo;s 52-week high is $35.18.</li>
<li>RSI Value: 76.19</li>
<li>IDT Price Action: Shares of IDT gained 0.6% to close at $29.68 on Thursday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/10/35328312/modular-medical-and-2-other-stocks-under-2-insiders-are-buying"> Modular Medical And 2 Other Stocks Under $2 Insiders Are Buying </a>

FYBR

SCPL

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IDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDT#NYSE">IDT</a>) reported quarterly earnings of $0.36 per share. This is a 46.27 percent decrease over earnings of $0.67 per share from the same period last year. The company reported $304.00 million in sales this quarter. This is a 7.60 percent decrease over sales of $329.00 million the same period last year.

IDT Q4 Adj $0.36 Down From $0.67 YoY, Sales $304.00M Down From $329.00M YoY

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Sunrise Communications

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