Edition:
United Kingdom

GTT Communications Inc (GTT.N)

GTT.N on New York Stock Exchange

40.84USD
25 Apr 2019
Change (% chg)

$0.12 (+0.29%)
Prev Close
$40.72
Open
$40.33
Day's High
$41.17
Day's Low
$39.75
Volume
37,477
Avg. Vol
117,162
52-wk High
$53.03
52-wk Low
$21.68

Latest Key Developments (Source: Significant Developments)

GTT Reports Q4,FY2018 Results
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - GTT Communications Inc ::GTT REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 REVENUE GREW 83% YEAR-OVER-YEAR TO $455 MILLION; UP 1.4% SEQUENTIALLY Q4.Q4 ADJUSTED EBITDA GREW 93% YEAR-OVER-YEAR TO $117 MILLION; UP 8% SEQUENTIALLY.QTRLY NET LOSS WAS $53.0 MILLION, COMPARED TO NET LOSS OF $49.5 MILLION IN 4Q17.QTRLY LOSS PER SHARE $0.96.Q4 EARNINGS PER SHARE VIEW $-0.28, REVENUE VIEW $452.9 MILLION -- REFINITIV IBES DATA.  Full Article

Gtt reports third quarter results
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - GTT Communications Inc ::GTT REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE $448.6 MILLION VERSUS I/B/E/S VIEW $456.5 MILLION.QTRLY LOSS PER SHARE $0.43.Q3 EARNINGS PER SHARE VIEW $-0.61 -- THOMSON REUTERS I/B/E/S.  Full Article

GTT Acquires Access Point For $40 Mln
Monday, 1 Oct 2018 

Oct 1 (Reuters) - GTT Communications Inc ::GTT ACQUIRES ACCESS POINT.GTT COMMUNICATIONS INC - GTT PAID $40 MILLION TO ACQUIRE ACCESS POINT.GTT COMMUNICATIONS - CO PAID $40 MILLION TO ACQUIRE ACCESS POINT, COMPOSED OF $35 MILLION IN CASH AND 115,194 SHARES VALUED AT $5 MILLION.  Full Article

Gtt Reports Q4 Loss Per Share $1.12
Thursday, 1 Mar 2018 

March 1 (Reuters) - Gtt Communications Inc ::GTT REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 80.7 PERCENT TO $249.2 MILLION.QTRLY LOSS PER SHARE $1.12.  Full Article

GTT To Acquire Interoute For About EUR 1.9 Billion
Monday, 26 Feb 2018 

Feb 26 (Reuters) - GTT Communications Inc ::GTT TO ACQUIRE INTEROUTE.GTT COMMUNICATIONS INC - DEAL FOR APPROXIMATELY EUR 1.9 BILLION ($2.3 BILLION) IN CASH..GTT COMMUNICATIONS INC - ‍PURCHASE PRICE WILL BE PAID IN CASH AT CLOSING​.GTT COMMUNICATIONS INC - ‍ RECEIVED COMMITTED DEBT FINANCING FOR DEAL FROM A GROUP OF FINANCIAL INSTITUTIONS.GTT - ‍ RECEIVED COMMITTED EQUITY FINANCING OF $250 MILLION FROM CO'S LARGEST INSTITUTIONAL INVESTOR SPRUCE HOUSE PARTNERSHIP & ACACIA PARTNERS​.GTT COMMUNICATIONS INC - ‍AFTER CLOSING, EXPECTS TO REDUCE RATIO OF TOTAL NET DEBT TO ADJUSTED EBITDA TO ITS LONG-TERM TARGET RANGE OF 3.0-4.0:1​.  Full Article

GTT Acquires Custom Connect
Monday, 8 Jan 2018 

Jan 8 (Reuters) - GTT Communications Inc ::GTT COMMUNICATIONS INC - ‍ACQUISITION OF CUSTOM CONNECT, A PROVIDER OF HIGH-SPEED NETWORK CONNECTIVITY.GTT ACQUIRES CUSTOM CONNECT.  Full Article

Spruce House reports 9.2 pct passive stake in GTT Communications​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - GTT Communications Inc ‍:Spruce House Investment Management LLC reports a 9.2 pct passive stake in GTT Communications Inc <<>> as of Nov 3 - SEC filing ​.  Full Article

GTT Communications Inc qtrly loss per share $‍0.23​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Gtt Communications Inc :Gtt reports third quarter 2017 financial results.Q3 revenue $198.9 million versus i/b/e/s view $197.2 million.Gtt communications inc - qtrly loss per share $‍0.23​.Q3 earnings per share view $-0.03 -- Thomson Reuters I/B/E/S.  Full Article

GTT acquires Transbeam
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - GTT Communications Inc :GTT acquires Transbeam.GTT Communications Inc - deal for ‍$28 million in cash.​.GTT Communications Inc - acquisition is expected to generate a post-synergy adjusted EBITDA of 5.0x or lower.  Full Article

GTT Communications says intends to offer $100 mln aggregate principal amount of its 7.875 pct senior notes due 2024‍​
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Gtt Communications Inc :GTT Communications Inc - intends to offer, subject to market conditions, $100 million aggregate principal amount of its 7.875 percent senior notes due 2024‍​.  Full Article