GTT Communications (GTT) Reports Q2 Revenues Above Estimates

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Go back to GTT Communications (GTT) Reports Q2 Revenues Above Estimates

GTT Reports Second Quarter 2018 Financial Results

August 3, 2018 7:00 AM EDT

Q2 Revenue Grew 71.9% Year-Over-Year to $326.8 Million; Up 25.4% Sequentially

Q2 Net Loss of $136.3 Million (includes $107.7 million of non-recurring costs)

Q2 Adjusted EBITDA Grew 39.2% Year-Over-Year to $74.9 Million; Up 19.5% 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 quarter ended June 30, 2018.... More