GTT Communications (GTT) Reports In-Line Q1 EPS

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GTT Reports First Quarter 2016 Financial Results

May 5, 2016 8:03 AM EDT

Revenue Grew 100% Year-Over-Year to $124.4 Million; Up 8% Sequentially

Adjusted EBITDA Grew 159% Year-Over-Year to $28.9 Million; Up 13% Sequentially

MCLEAN, Va.--(BUSINESS WIRE)-- GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its financial results for the first quarter ended March 31, 2016.

First quarter highlights:

Revenue increased by 99.6% to $124.4 million compared to... More