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ADD to BW 1370, IDT-2.


--(BUSINESS WIRE)--

ADD to BW1370 (IDT-2) after last graph graph, figure that shows relationships between quantities. The graph of a function y=f (x) is the set of points with coordinates [x, f (x)] in the xy-plane, when x and y are numbers.  xxx reports filed with the SEC.

-0-

IDT CORPORATION
SELECTED CONSOLIDATED FINANCIAL AND OPERATING DATA

                               YEAR ENDED          THREE MONTHS ENDED
                          7/31/97      7/31/96     7/31/97     7/31/96

STATEMENT OF
  OPERATIONS DATA:
REVENUES               135,187,228   57,693,880  41,013,178  23,152,724

COST OF SALES           92,214,223   36,437,583  29,659,103  14,049,655
SGA                     41,544,987   35,799,159   8,538,575  13,202,625
DEPRECIATION             4,873,142    1,212,235   1,509,899     641,409

TOTAL EXPENSES         138,632,352   73,448,977  39,707,577  27,893,689

INCOME (LOSS) FROM
  OPERATIONS            (3,445,124) (15,755,097)  1,305,601  (4,740,965)

OTHER (NET)               (391,645)     345,305    (366,040)    315,291

EXTRAORDINARY ITEM               0    (233,500)           0           0

NET INCOME (LOSS)       (3,836,769) (15,643,292)    939,561  (4,425,674)

EBITDA                   1,428,018  (14,542,862)  2,815,500  (4,099,556)

NET INCOME (LOSS)
PER SHARE-WEIGHTED AVE.     ($0.18)      ($0.86)      $0.04      ($0.21)
WEIGHTED AVE. NO. OF
  SHARES USED IN
   CALCULATION OF EPS   21,152,927   18,180,023  23,468,176  20,841,230


BALANCE SHEET DATA:
                           7/31/97       7/31/96

CASH, CASH EQUIVALENTS
  & S/T INVEST.           7,674,313    14,893,756
WORKING CAPITAL           5,001,848    13,871,716
FIXED ASSETS (NET)       25,725,805    12,453,330
TOTAL ASSETS             58,537,101    43,797,371
TOTAL STOCKHOLDERS
  EQUITY                 25,259,144    26,842,676




CONTACT: Director, IDT IDT Integrated Device Technology, Inc. (Santa Clara, CA, USA)
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 Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most

Sarah Hofstetter, 201/928-2882

or

Ilan Ilan or I-lan (both: ē`län`), city (1994 pop. 91,133), NE Taiwan. Located in an agricultural area, it is one of the largest rice markets in Taiwan. Fertilizers and wood and paper products are among the city's manufactures.  Slasky

IDT Investor Relations Investor relations

The process by which the corporation communicates with its investors.


201/928-4316
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 25, 1997
Words:280
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