press releases

GTT Reports Second Quarter 2017 Financial Results

Drives Continued Growth and Margin Expansion Q2 Revenue Grew 44.4% Year-Over-Year to $186.2 Million; Up 2.1% Sequentially Q2 Adjusted EBITDA Grew 77.7% Year-Over-Year to $53.8 Million; Up 6.0% Sequentially

  McLean, VA, August 3, 2017 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its financial results for the quarter ended June 30, 2017. Second quarter highlights:
  • Revenue of $186.2 million grew 44.4% over 2Q16, and grew 2.1% over 1Q17.
  • Net income was $0.6 million, compared to net income of $0.1 million in 2Q16 and net loss of $13.1 million in 1Q17. 1Q17

GTT to Present at August 2017 Investor Conferences

McLean, VA, August 1, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the following investor conferences in August:

  • On August 7, Rick Calder, GTT CEO, will present at The Pacific Crest 19th Annual Global Technology Leadership Forum in Vail, Colorado, at 9:30 a.m. MT and meet with investors.
  • On August 8, Mr. Calder will present at the 3rd Annual Cowen Communications Infrastructure Summit in Boulder, Colorado, at 10:55 a.m. MT and meet with investors.
  • On August 8, Mike Sicoli, GTT CFO, and Chris McKee, general counsel and EVP, Corporate Development, will present at the Oppenheimer 20th An

Jisc Selects GTT to Upgrade Internet for UK Research and Education Networks

McLean, VA, July 31 , 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today an agreement with Jisc, the provider of digital solutions for the UK research and education community and operator of the Janet network, one of the leading national research and education networks in the world. GTT will deliver high-speed internet services to the Janet network to support the innovation, research and learning of its approximately 18 million UK college and university users. GTT delivers internet services over its Tier 1 global IP backbone, ranked in the top five worldwide. With over 300 poi

GTT Announces Earnings Call for Second Quarter 2017

McLean, VA, July 18, 2017 - GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today its plans to release results for the second quarter ended June 30, 2017, on Thursday, August 3, 2017. In conjunction with the release, GTT has scheduled a conference call, which will also be broadcast live over the Internet that day, at 10:00 a.m. Eastern Time. What:              GTT’s Second-Quarter 2017 Financial Results Conference Call When:             Thursday, August 3, 2017, at 10:00 a.m. Eastern Time Where:            Via phone by dialing +1.844.875.6916 or +1.412.317.6714 and asking

GTT to Acquire Global Capacity

Extends cloud networking leadership; adds scale, network reach and marquee clients

McLean, VA, June 26, 2017 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today a definitive agreement to acquire Global Capacity, a provider of network connectivity solutions that simplifies the process of connecting enterprises to high-value cloud and business destinations. This strategic combination: • Grows GTT’s client base, with the addition of marquee clients in the healthcare, application service provider, retail and carrier markets, adding highly complementary recurring revenue streams • Augments GTT’s Managed SD-WAN service with diverse access options, including an ex

GTT Acquires Perseus

Expands Tier 1 IP network in Latin America, Asia-Pacific, India and Africa

Expands client base in financial markets

Adds strategic low-latency routes

McLean, VA, June 20, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the acquisition of Perseus, a provider of high-speed network connectivity serving many of the world’s top financial and eCommerce companies. This strategic combination:
  • Extends the reach of GTT’s global Tier 1 IP backbone with new points of prese

GTT Establishes Three Divisions to Enhance Client Experience and Accelerate Growth

McLean, VA, June 14, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today three new divisions, Enterprise, Carrier and EMEA, to accelerate sales growth and strengthen the client experience. Each division is responsible for the primary client experience functions: sales, quoting, ordering, service delivery and collections. GTT has appointed three division presidents. Eric Warren leads the Enterprise division, including all enterprise clients in the Americas and U.S. government clients. Mr. Warren recently joined GTT, previously holding senior executive roles at Windstream and TW Telecom. Jeff Beer leads the Carrier division, including all carrier accounts in

GTT Founder H. Brian Thompson Recognized with IEEE CQR 2017 Chairman’s Award

McLean, VA, May 31, 2017 – GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that the Institute of Electrical and Electronics Engineers (IEEE) has presented Mr. H. Brian Thompson, GTT’s founder and executive chairman of the board, with its annual CQR Chairman’s Award. IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. The IEEE Communications Society Technical Committee on Communications Quality & Reliability (CQR) selects Chairman’s Award recipients based on sustained contributions in the field of Quality, Reliability & Security of communications services, networks or systems. The candi

GTT to Present at Spring 2017 Investor Conferences

McLean, VA, May 26, 2017GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, will present at the following conferences in the next few weeks:

  • On May 31, Mike Sicoli, chief financial officer, will meet with investors at the Craig-Hallum Capital Group 14th Annual Institutional Investor Conference, taking place in Minneapolis.
  • On June 1, Rick Calder, chief executive officer, will present at the Cowen and Company 45th Annual Technology, Media & Telecom Conference, taking place in New York, at 10:15 a.m. ET, and meet with investors that day.
  • On June 15, Mr. Calder will present at William Blair’s 37th Annual Gr

GTT Named Company of the Year in 2017 Leading Lights Awards

McLean, VA, May 18, 2017 GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it has been recognized as Company of the Year (Public) in Light Reading’s 2017 Leading Lights Awards. Now in its thirteenth year, the Leading Lights Awards honor the top companies in the communications industry, across 23 different award categories. The Company of the Year (Public) award recognizes a publicly listed company that stands out from competitors and demonstrates a commitment to growth and innovation. The award win is a testament to GTT’s success in the market, as illustrated by its revenue growth of 41.3% from 2015 to 2016, as well as its recent acquisition of Hibe

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