Categories: Hosting

GTT Reports Strong Second-Quarter Growth

This week, leading global cloud networking provider GTT Communications, Inc. (NYSE: GTT) released its second-quarter financial results, which demonstrated strong continued growth. Compared to this quarter last year, revenue increased by 35.6 percent, from $95.1 million to $128.9 million. Since 1Q16, revenue grew by 3.6 percent. Net income was reported to be $0.1 million, compared to negative $11.1 million last year at this time. Yet, this second-quarter figure represents a net income loss of $0.9…

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