Why These 15 Telecom Stocks Are Surging In 2025

12. IDT Corp (NYSE:IDT)

Number of Hedge Fund Holders In Q4 2024: 20

IDT Corp (NYSE:IDT) provides communications and payment services. It also has point-of-sale and international remittance systems, along with cloud and traditional communication services.

The stock is up significantly so far in 2025 as IDT reported stellar Q2 FY2025 results. Revenue increased by 2% year-over-year to $303.3 million. Gross profit surged by 16% to $112 million, with gross margins expanding to 36.9%.

Income from operations jumped by 77% to $28.3 million. Adjusted EBITDA also rose by 56% to $34 million. Meanwhile, GAAP EPS increased from $0.57 to $0.80, while non-GAAP EPS grew from $0.67 to $0.84.

In addition, IDT raised its quarterly dividend by 20%, from $0.05 to $0.06 per share. The company repurchased 179,338 shares of Class B common stock during the second quarter for $8.5 million at an average price of $47.59 per share.

IDT stock is up 9.93% year-to-date.