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GTT Q2 sales rise 32.7%, company mulls sale of non-core assets

Thursday 8 August 2019 | 16:45 CET | News
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GTT Communication reported sales in the three months to end-June of USD 433.8 million, up 32.7 percent from a year earlier and down 3.6 percent on a sequential basis. The company said its net loss narrowed to USD 33.3 million from 136.3 million a year earlier but widened from USD 27.3 million sequentially and announced that it has hired an advisor to explore the sale of non-stregic assets in order to cut debt.

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Categories: Fixed
Companies: GTT Communications
Countries: World
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