IDT - Earnings call transcript Q2 2019

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Operator

Good day, everyone and welcome to IDT Corporation's Second Quarter Fiscal Year 2019 Earnings Call. In today's presentation, IDT's management team will discuss IDT's financial and operational results for the three-month period, ended January 31st, 2019.

During prepared remarks by IDT's Chief Executive Officer, Shmuel Jonas, all participants will be in a listen-only mode. [Operator Instructions] After the prepared remarks, Marcelo Fischer, IDT's Chief Financial Officer will join Mr. Jonas for a Q&A. are statements remarks the session, actual or or in forward-looking in call, whether results Any and anticipates. specific prepared risks from the during nature, the to Instructions] differ made could those conference during either general uncertainties materially [Operator that to that cause company subject the Q&A the reports limited and uncertainties risks risks uncertainties that files These IDT specific and include, to, but SEC. periodically with in are the not discussed update that any forecast. made, materially either statements results IDT that or have assumes to that no differ may forward-looking or to they obligation they to those from update cause make, may the factors actual their may income, non-GAAP In follow, net the to will non-GAAP adjusted that IDT's make EPS. EBITDA, or and management presentation non-GAAP in Q&A reference measures, including provided the GAAP nearest income, release EBITDA, reconciles A the corresponding earnings to adjusted and EPS schedule non-GAAP in non-GAAP measures. net at Relations' the the Please IDT is available note on website earnings release that page of the www.idt.net. Investor IDT Corporation’s release has with the The X-K -- been Form also also out earnings with SEC. filed been filled has now I conference Mr. to turn to And over the like would Jonas. ahead go your Please presentation with sir.

Shmuel Jonas

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and release money filed quarter. week. offering, performed scaled with in international initiatives more on file unified IDT's the please today report our our PoS earlier Retail detailed in Solutions second growth a businesses earnings Form results, well technology-driven For next network, National we communications XX-Q our financial our SEC nicely. transfer the will netXphone's which see

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its leveraging comprises and expertise our are their network capabilities million Retail XX% rate efforts Solutions the of second terminals. run over globally. over revenue drive $X quarter to active X,XXX to We increased annual an and National now in point-of-sale

We network's have that building and are out this and the only monetize capabilities. offerings to begun tap the more business fully the will of optimizing potential

operations, carrier by to increased lower year $XX.X the the this my from both disbursement international our just of in of provided quarter. growth decrease the and comments EBITDA year-over-year services $XX network, fourth less we and from the The initiatives. made by core we quarter core expanded intensified was in marketing. enhanced $X.X Revenue to run consolidated sales much On year. decreased quarter predominantly Direct-to-consumer second SG&A due was money expense, business million by quarter That compared quarter's annualized operations international the transfer million transaction increased in direct compared and XXX% this income margin from this our by by impact ago rate Our business, contribution adjusted technology, million. operating the million as by $XX.X our revenue generated mitigated concludes million during revenue, our increased contribution, the of offerings Net but $XX.X reductions basis, and cash to fulfillment sales year-ago surpassed core margin results. activities our quarter. from a revenues decreased businesses' business cost in

Now, will be take your Marcel and I happy questions. to

Operator

and there questioner. look be Okay no to

session this conference conclude and So, will our call. question-and-answer today's

Just want lines. may all presentation for and disconnect you to you thank your now today's attending

IDT (IDT) 7 Mar 192019 Q2 Earnings call transcript