GTT Reports Second Quarter 2018 Financial Results

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Go back to GTT Reports Second Quarter 2018 Financial Results

GTT Communications (GTT) Reports Q2 Revenues Above Estimates

August 3, 2018 7:03 AM EDT

GTT Communications (NYSE: GTT) reported Q2 EPS of ($2.83), $2.44 worse than the analyst estimate of ($0.39). Revenue for the quarter came in at $326.8 million versus the consensus estimate of $290.04 million.

Second quarter highlights:

Revenue of $326.8 million grew 71.9% over 2Q17 and grew 25.4% over 1Q18.Net loss was $136.3 million, compared to net income of $0.7 million in 2Q17 and net... More