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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.

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Categories: Fixed
Companies: GTT Communications
Countries: United States / World
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