GTT Reports First Quarter 2019 Financial Results

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Go back to GTT Reports First Quarter 2019 Financial Results

GTT Communications (GTT) Misses Q1 EPS by 29c, Revenues Miss

May 8, 2019 8:06 AM EDT

GTT Communications (NYSE: GTT) reported Q1 EPS of ($0.49), $0.29 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $450.2 million versus the consensus estimate of $456.93 million.

First quarter highlights:

Revenue of $450.2 million grew 72.7% compared to 1Q18 and declined 1.0% compared to 4Q18.Net loss was $27.3 million compared to net loss of $30.7 million... More