GTT reported revenue of $448.6 million and a net loss was $23.4 million. Capital expenditures were $28.9 million (6.4% of revenue)
When assuming constant currency and the inclusion of Interoute’s and Global Capacity’s historical results, GTT’s 3Q18 revenue and adjusted EBITDA grew 1.4% and 2.3%, respectively, over 3Q17.
In addition, GTT established its next financial objectives of $3 billion in annualized revenue, $900 million in annualized Adjusted EBITDA and a minimum of $5 per share of annualized Adjusted Free Cash Flow, to be achieved within the next three years.
The company said it is making good progress with the integration of Interoute.
