Mike Sicoli, GTT’s chief financial officer, will depart the company on September 30, 2019, having accepted a more senior role with a data center and cloud solutions provider. GTT has initiated a search for a new CFO and named Dan Fraser as the interim chief financial officer...
Financial results for second quarter 2019:
Q2 Revenue Grew 33% Year-Over-Year to $434 Million,
Q2 Net Loss of $33 Million,
Q2 Adjusted EBITDA Grew 50% Year-Over-Year to $112 Million.
Announces Free Cash Flow Target of $175–$200 Million for 2020.
Hires Advisor to Explore Sale of Certain Non-Strategic Assets.
Adopts Plan Designed to Protect NOLs...