0
Broadband

GTT Communications revenues up 82.5% to USD 455 mln in Q4 2018

Friday 1 March 2019 | 16:29 CET | News
GTT Communications reported its Q4 2018 revenues up 82.5 percent year-on-year to USD 454.8 million. Net loss widened to USD 53.0 million from USD 49.5 million in 4Q17. 4Q18 net loss was primarily due to several non-recurring costs, including USD 29.9 million in exit, transaction and integration costs and a USD 21.7 million non-cash loss due to the change in fair value related to the company's interest rate swaps.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: GTT Communications
Countries: United States / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

GTT sharply narrows loss in Q4, despite lower revenues

Published 02 Mar 2020 14:00 CET | World
GTT Communications more than halved its net loss in the fourth quarter, despite slightly lower revenues, and said it is still ...

GTT upgrades key European network routes to meet growing demand

Published 29 Oct 2019 16:03 CET | Europe
GTT Communications said it upgraded its fibre network across several of its European routes. The company said its network ...

GTT delivers SD-WAN, SIP trunking to Greenyard

Published 16 Oct 2019 08:57 CET | World
GTT Communications announced that Greenyard, a global provider of fresh, frozen and prepared fruits, vegetables, flowers and ...

Ortega appointed president of GTT's Americas division

Published 17 Jun 2019 15:11 CET | World
Cloud networking specialist GTT Communicationshas announced the appointment of Ernie Ortega as Division President, Americas. ...

GTT profit weighed by takeover costs but revenues leap over 120% in Q3

Published 08 Nov 2018 16:30 CET | World
GTT Communications said revenues for the third quarter reached USD 448.6 million, a leap of 121.4 percent from the year before ...





Calendar   /   Industry Events

03 Aug RingCentral Q2 2020
03 Aug Harmonic Q2 2020
03 Aug SBA Communications Q2
03 Aug WoW! Q2 2020
03 Aug Liberty Global Q2 2020
03 Aug NTT Docomo fiscal Q1
03 Aug Cirrus Logic Q1
03 Aug Ceragon Networks Q2
04 Aug Arista Networks Q2 2020
04 Aug Softbank fiscal Q1
04 Aug TIM Q2 2020
04 Aug Inphi Q2 2020
04 Aug Otelco Q2 2020
04 Aug Allot Q2 2020
04 Aug Twilio Q2 2020
04 Aug Boingo Wireless Q2 2020
04 Aug NeoPhotonics Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug Roku Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug Magyar Telekom Q2 2020
05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug CenturyLink Q2
05 Aug Samsung Galaxy Unpacked event
::: More Calendar Items