Quarter Second Financial Officer. joined results January XXXX XX, Marcelo IDT's Chief Thank today by Fischer, Welcome to XXXX. on X months you, Operator. IDT's Earnings covering I'm the Call Fiscal for ended the call
our earnings SEC will earlier detailed more we next operational filed on please our release a report read and and week. For the XX-Q, our financial today with file which Form results,
higher margin our Retail cash netXphone, continued to while generation offerings. invest of the our Solutions maximizing we growth Transfer National in During including second and the higher businesses, core and Money quarter,
this entirely cash investment quarters, from prior core funded in As generation. was
to results cloud-based our for seats communications stable offering from XXX,XXX seats $X.X during continue the second reflect quarter. as unified total new cumulative of organic to as in added and In grew the our subscription exclusive seats, impact quarter January of legacy to businesses growing revenue growth impact line XX,XXX million. our by a We business, these netXphone core expectations. second served the our core contribution XX% revenues year-over-year acquisition even decrease RingSouth with net bringing the quarter's margin offerings, of of from financial this XX The
regarded foothold RingSouth, an a provider with broad address initial market highly us focus Spain. on UCaaS Spanish gives the EU to the
netXphone I quarter, As mentioned are platform to and also last larger wins. drive software new deployment accelerating we development account of features
Microsoft's communications, integration in users ability For enterprise This year, customers, instance, already unlimited released sharing a including quarter is platform with we that Microsoft our address XXX-plus from inside with seat within combination and services, have to started later integration, integration, the Teams and Teams groups recently we and enhance facilitates to others, and be netXphone environment. now releasing large deals. this an access collaborative netXphone's multiple Teams. collaboration the calling other will we'll see With can work market Teams this deal solution benefits international with organizations.
$X.X quarter year-over-year decreasing second with in the was XX% In our in NRS our roughly expectations, million, million revenue $X.X increasing to QX. business, line in from but
cards from their NRS discount of that lower reasons a retailers than retailers the XX% enough generate received discount purchase. our to terminal. in revenue incentivized sign second was compelling new more economics, WIC. quickly the sale a they Pay and on One the Because Pay exchange, we for Nevertheless, of cover quarter, soon service's up EBT margin of of incremental That's In the for the to NRS new POS. and the the by comprised both continued processing us. impacted approximately revenue XXX X,XXX of and XX, electronic retailer retailers them including negatively of our to NRS funds NRS POS was that At benefits network Pay as active transfer expand payment network major solution card over accept to debit for electronic the NRS deal credit or as January change. customer well the quarter, approximately for and is terminals. new great payments, its POS deploying terminals. enables in this all terminals
core offerings, working of BOSS XX% $XXX.X in in money origination revenue for Revolution payment well working with grow we year-over-year core continuing I $XX.X a industry-wide international an our approximately year-over-year transaction business, that million. XX% transfer year-over-year we retailer headwinds $X.X quarter, the approach and mentioned drove the That have is been million. volumes. or growth transaction market exceeding In X% revenue years. These quarter. In service decline to to of increased Last telecommunication to decrease with our were for hard million
been the margin However, quarter in Carrier contribution revenue X combination and our stable year-over-year, in revenue the any all an percentage XXXX. largest QX XXXX, margin core offerings, expansion of Revolution highest in revenue Services BOSS of with an all core fiscal of on our higher virtually businesses, from $XX.X outlier Top-Up the Mobile consolidated cost offsetting Calling, bottom The our it of businesses of since the direct line. contribution increased million, has in growth less in the increase resulted to exclusive impact
million from a was loss quarter in $X.X first of in the loss unchanged operations million operations and ago and a second million, operations the compared slightly was quarter. year $XXX,XXX the to from ago the quarter year increased from from million $X.X Adjusted quarter $X.X in quarter. EBITDA $X.X from first Income of the in
stable growth from our into new Overall, this and the and accelerated quarter with recent were quarter's consistent our growth end. results contribution our core with quarters, margin from businesses
happy be your to would I and questions. Marcelo take Now
