GTT Communications Inc (GTT) Files 10-K for the Fiscal Year Ended on December 31, 2018

GTT Communications Inc (GTT, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. GTT Communications Inc provides network services, internet services, managed network and security services, and voice and unified communication services to enterprise, carrier, and government clients. GTT Communications Inc has a market cap of $1.79 billion; its shares were traded at around $32.67 with and P/S ratio of 1.21. GTT Communications Inc had annual average EBITDA growth of 43.00% over the past five years.

For the last quarter GTT Communications Inc reported a revenue of $448.6 million, compared with the revenue of $202.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, an increase of 80.1% from last year. For the last five years GTT Communications Inc had an average revenue growth rate of 56.8% a year.

The reported loss per diluted share was $4.8 for the year. The GTT Communications Inc had an operating margin of 5.15%, compared with the operating margin of 5.77% a year before. The 10-year historical median operating margin of GTT Communications Inc is 4.31%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, GTT Communications Inc has the cash and cash equivalents of $55.3 million, compared with $101.2 million in the previous year. The long term debt was $3.2 billion, compared with $1.2 billion in the previous year. GTT Communications Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $32.67, GTT Communications Inc is traded at 73.9% premium to its historical median P/S valuation band of $18.79. The P/S ratio of the stock is 1.21, while the historical median P/S ratio is 0.71. The stock lost 36.81% during the past 12 months.

CEO Recent Trades:

  • President and CEO Richard Calder sold 1,107 shares of GTT stock on 02/21/2019 at the average price of $31.06. The price of the stock has increased by 5.18% since.
  • President and CEO Richard Calder sold 1,200 shares of GTT stock on 02/19/2019 at the average price of $29.49. The price of the stock has increased by 10.78% since.
  • President and CEO Richard Calder sold 7,545 shares of GTT stock on 02/01/2019 at the average price of $26.32. The price of the stock has increased by 24.13% since.

CFO Recent Trades:

  • CFO Michael Sicoli sold 531 shares of GTT stock on 02/21/2019 at the average price of $31.06. The price of the stock has increased by 5.18% since.
  • CFO Michael Sicoli sold 570 shares of GTT stock on 02/19/2019 at the average price of $29.49. The price of the stock has increased by 10.78% since.
  • CFO Michael Sicoli sold 4,857 shares of GTT stock on 02/01/2019 at the average price of $26.32. The price of the stock has increased by 24.13% since.

Directors and Officers Recent Trades:

  • General Counsel and EVP Chris Mckee sold 667 shares of GTT stock on 02/21/2019 at the average price of $31.06. The price of the stock has increased by 5.18% since.
  • General Counsel and EVP Chris Mckee sold 515 shares of GTT stock on 02/19/2019 at the average price of $29.49. The price of the stock has increased by 10.78% since.
  • General Counsel and EVP Chris Mckee sold 4,401 shares of GTT stock on 02/01/2019 at the average price of $26.32. The price of the stock has increased by 24.13% since.

For the complete 20-year historical financial data of GTT, click here.