Back to press releasesNEWARK, NJ — October 10, 2006 — IDT Corporation (NYSE: IDT, IDT.C) announces operating results for the fourth quarter, the three months ended July 31, 2006, and fiscal 2006.
· Q4 Revenues: $555.5 million, down 2.1% year over year.
· Q4 Net loss: $86.5 million, versus $0.0 million one year ago.
· Q4 Diluted net loss per share: ($0.91), versus ($0.00) one year ago.
· Cash, cash equivalents and marketable securities totaled $514.8 million as of year-end, excluding $60.7 million held in discontinued operations.
The following table summarizes the operating performance of IDT’s business segments excluding discontinued operations:
|
|
Revenues |
|
Income (Loss) from Continuing Operations |
||||||||
|
$ millions |
Fiscal ’06 |
Fiscal ’05 |
Q4 ’06 |
Q3 ’06 |
Q4 ’05 |
|
Fiscal ’06 |
Fiscal ’05 |
Q4 ’06 |
Q3 ’06 |
Q4 ’05 |
|
IDT Retail Telecom |
$1,434.0 |
$1,553.9 |
$351.2 |
$355.7 |
$384.6 |
|
($31.1) |
$53.0 |
$4.0 |
($41.3) |
$10.8 |
|
IDT Wholesale Telecom |
526.5 |
544.7 |
131.1 |
124.3 |
145.2 |
|
(17.5) |
(16.1) |
(3.6) |
(5.4) |
(4.4) |
|
IDT Telecom Total |
1,960.5 |
2,098.6 |
482.3 |
480.0 |
529.9 |
|
(48.6) |
36.9 |
0.4 |
(46.7) |
6.4 |
|
Voice over IP |
94.2 |
73.6 |
23.5 |
24.0 |
20.3 |
|
(41.1) |
(53.5) |
(9.4) |
(14.2) |
(25.4) |
|
IDT Capital |
168.1 |
40.2 |
49.6 |
42.9 |
15.0 |
|
(32.7) |
(18.2) |
(9.2) |
(8.6) |
(6.1) |
|
IDT Solutions |
3.6 |
9.6 |
0.2 |
0.3 |
2.2 |
|
(35.1) |
(38.4) |
(6.8) |
(3.7) |
(5.4) |
|
Corporate |
– |
– |
– |
– |
– |
|
(63.3) |
(66.7) |
(19.3) |
(12.9) |
(26.5) |
|
Total IDT |
$2,226.4 |
$2,222.0 |
$555.5 |
$547.2 |
$567.4 |
|
($220.8) |
($139.8) |
($44.3) |
($86.0) |
($57.0) |
Columns in table may not add due to rounding.
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