🟢 IDT is trading 10.3% up today after upbeat FY2027 gross profit outlook

IDT is trading 10.26% higher at $76.69 after its September 28 earnings report and upbeat FY2027 outlook.

• On September 29, Seeking Alpha reported shares gained over 8% after mixed quarterly results and strong forward guidance; EPS missed estimates by $0.04, and the outlook was key to optimism.
• Revenue was $339.0 million, up 7%; adjusted EBITDA was $41.2 million, up 22%.
• Management expects FY2027 consolidated gross profit of $545 million to $555 million, with continued growth in higher-margin segments.