OverviewSuggest Edit

GTT Communications (formerly Global Telecom and Technology) is a multinational telecommunications and internet provider company. It offers networking services, including software-defined wide-area networking (SD-WAN), multiprotocol label switching (MPLS) and virtual private LAN service (VPLS); transport and infrastructure services, including wavelength, Ethernet, colocation, dark fiber and video transport. The company also provides Internet services, including IP transit, dedicated internet access, and broadband internet; managed services, including managed equipment, security, and hosting; and voice services, including Session Initiation Protocol (SIP) trunking and hosted Private Branch Exchange (PBX). GTT serves financial markets, manufacturing, retail, e-commerce, media and broadcast, and event services industries.
TypePublic
Founded1998
HQMcLean, VA, US
Websitegtt.net
Employee Ratings3.2
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)3,100(+4%)
Job Openings115
Revenue (FY, 2019)$1.7 B(+16%)
Share Price (Sept 2021)$0.3(+17%)
Cybersecurity ratingDMore
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Key People/Management at GTT Communications

Ernie Ortega

Ernie Ortega

Chief Executive Officer
Brian Thompson

Brian Thompson

Founder, Executive Chairman of the Board
Donna Granato

Donna Granato

Interim Chief Financial Officer
S. Joseph

S. Joseph

Director
Douglass Maynard

Douglass Maynard

General Counsel
Frederique Arnold

Frederique Arnold

Senior Vice President, Human Resources
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GTT Communications Office Locations

GTT Communications has offices in McLean, Atlanta, Austin, Chicago and in 49 other locations
McLean, VA, US (HQ)
7900 Tysons One Pl #1450
Atlanta, GA, US
3379 Peachtree Rd NE #925
Austin, TX, US
11525-B Stonehollow Dr Suite 255
Austin, TX, US
1835 Kramer Ln #100
Chicago, IL, US
180 N LaSalle St #2430
Costa Mesa, CA, US
535 Anton Blvd #800
Show all (58)

GTT Communications Financials and Metrics

GTT Communications Revenue

GTT Communications's revenue was reported to be $1.73 b in FY, 2019
USD

Revenue (Q1, 2020)

424.7m

Gross profit (Q1, 2020)

187.0m

Gross profit margin (Q1, 2020), %

44%

Net income (Q1, 2020)

(83.3m)

EBIT (Q1, 2020)

9.2m

Market capitalization (2-Sept-2021)

138.8m

Closing stock price (2-Sept-2021)

0.3

Cash (31-Mar-2020)

106.4m

EV

3.7b
GTT Communications's current market capitalization is $138.8 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

157.4m207.3m369.3m521.7m827.9m1.5b1.7b

Revenue growth, %

32%78%41%59%

Cost of goods sold

432.1m819.4m941.9m

Gross profit

395.8m671.4m785.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q1, 2020

Revenue

21.2m24.0m24.7m27.2m28.4m26.4m39.7m190.1m198.9m260.7m326.8m450.2m424.7m

Cost of goods sold

14.8m17.0m17.5m19.0m20.0m17.7m26.2m97.3m100.1m141.5m179.4m241.8m237.7m

Gross profit

6.4m7.1m7.3m8.1m8.4m8.8m13.5m92.8m98.8m119.2m147.4m208.4m187.0m

Gross profit Margin, %

30%29%29%30%30%33%34%49%50%46%45%46%44%
Annual
USDY, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013Y, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

6.6m3.2m3.2m4.7m4.7m5.8m5.8m49.3m49.3m14.6m14.6m29.7m101.2m55.3m41.8m

Accounts Receivable

10.9m11.0m22.3m29.3m60.4m102.8m174.5m162.1m

Prepaid Expenses

2.2m1.9m2.9m3.9m13.7m10.4m49.2m50.4m

Inventories

2.9m3.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q1, 2020

Cash

7.4m7.0m4.2m5.0m4.3m4.6m5.6m4.9m7.2m22.5m41.6m52.1m19.4m19.7m10.2m15.4m15.4m33.0m130.7m34.8m73.7m50.7m106.4m

Accounts Receivable

7.8m8.2m10.2m11.5m11.7m9.8m23.9m123.3m255.6m226.4m149.9m

Prepaid Expenses

3.2m2.4m1.6m1.1m1.2m3.9m2.4m18.6m57.7m48.7m82.1m

Current Assets

19.3m19.0m17.8m19.3m18.8m19.6m34.2m36.0m34.2m53.7m70.8m88.0m73.4m75.1m97.7m102.9m116.4m156.7m259.9m186.1m402.6m325.8m338.4m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

255.0k(1.6m)(20.8m)(23.0m)19.3m5.3m(71.5m)(243.4m)(105.9m)

Depreciation and Amortization

3.9m7.3m17.2m24.9m46.7m62.8m132.6m211.4m248.8m

Inventories

5.3m(804.0k)(8.1m)4.8m

Accounts Payable

2.8m(4.1m)604.0k(14.2m)(8.7m)(12.3m)(22.7m)(7.7m)(26.9m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q1, 2020

Net Income

(113.0k)328.0k(249.0k)(751.0k)(1.2m)(2.5m)(12.8m)(4.3m)(9.7m)976.0k(6.6m)1.1m(10.0m)(8.3m)898.0k987.0k6.1m(13.1m)(12.5m)(22.0m)(30.7m)(167.0m)(27.3m)(83.3m)

Depreciation and Amortization

1.6m2.7m1.1m2.7m4.9m2.4m6.7m5.2m5.6m5.5m5.9m7.5m19.8m32.5m15.6m31.3m46.1m30.4m61.8m94.7m39.8m88.0m62.8m67.5m

Accounts Payable

3.5m(254.0k)412.0k(3.5m)(2.2m)(1.1m)2.9m21.9m18.9m21.2m(7.6m)(12.3m)(525.0k)(10.6m)(8.8m)(10.5m)(9.5m)(15.7m)(500.0k)9.5m12.1m26.2m

Cash From Operating Activities

1.7m392.0k1.2m(1.5m)2.2m2.4m2.4m9.4m19.9m6.3m19.4m32.8m2.2m26.2m47.1m12.2m32.0m50.0m16.1m41.5m
Show all financial metrics

GTT Communications Operating Metrics

May, 2017

Cloud Services and Applications Available

1 k

Locations

100 k

Partners

2 k

Points of Presence

300
Show all operating metrics

GTT Communications Acquisitions / Subsidiaries

Company NameDateDeal Size
InterouteFebruary 26, 2018$2.3 b

GTT Communications Revenue Breakdown

Embed Graph

GTT Communications revenue breakdown by geographic segment: 10.1% from United Kingdom, 85.3% from United States and 4.6% from Other

GTT Communications Cybersecurity Score

Cybersecurity ratingPremium dataset

D

63/100

SecurityScorecard logo

GTT Communications Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

GTT Communications Online and Social Media Presence

Embed Graph

GTT Communications Company Culture

  • Overall Culture

    D

    59/100

  • CEO Rating

    C+

    67/100

  • Compensation

    C

    64/100

Learn more on Comparably

GTT Communications News and Updates

GTT Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Notifies GTT Communications, Inc. Investors of Class Action and Lead Plaintiff Deadline: March 15, 2021

NEW YORK, March 15, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) and certain of its officers, on behalf of shareholders who…

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in GTT Communications, Inc. of Class Action Lawsuit and Upcoming Deadline - GTT

NEW YORK, March 3, 2021 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) and certain of its officers. The class action, filed in United States District Court for the Central District of...

GTT DEADLINE: Pawar Law Group Announces a Securities Class Action Lawsuit Against GTT Communications, Inc.– GTT

NEW YORK, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of GTT Communications, Inc. (NYSE: GTT) from May 5, 2016 through November 9, 2020, inclusive (the “Class Period”). The lawsuit seeks to re…

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in GTT Communications, Inc. of Class Action Lawsuit and Upcoming Deadline - GTT

NEW YORK, Feb. 18, 2021 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) and certain of its officers. The class action, filed in United States District Court for the Central District of...

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in GTT Communications, Inc. of Class Action Lawsuit and Upcoming Deadline - GTT

NEW YORK, Feb. 18, 2021 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against GTT Communications, Inc. ("GTT" or the "Company") (NYSE: GTT) and certain of its officers. The class action, filed in United States District Court for the Central District of...

GTT DEADLINE: Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against GTT Communications, Inc. – GTT

NEW YORK, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of GTT Communications, Inc. (NYSE: GTT) between May 5, 2016 and November 9, 2020, inclusive (the “Class Period”).
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GTT Communications Frequently Asked Questions

  • When was GTT Communications founded?

    GTT Communications was founded in 1998.

  • Who are GTT Communications key executives?

    GTT Communications's key executives are Ernie Ortega, Brian Thompson and Donna Granato.

  • How many employees does GTT Communications have?

    GTT Communications has 3,100 employees.

  • What is GTT Communications revenue?

    Latest GTT Communications annual revenue is $1.7 b.

  • What is GTT Communications revenue per employee?

    Latest GTT Communications revenue per employee is $557.4 k.

  • Who are GTT Communications competitors?

    Competitors of GTT Communications include Consolidated Communications, NTT Communications and Comarch.

  • Where is GTT Communications headquarters?

    GTT Communications headquarters is located at 7900 Tysons One Pl #1450, McLean.

  • Where are GTT Communications offices?

    GTT Communications has offices in McLean, Atlanta, Austin, Chicago and in 49 other locations.

  • How many offices does GTT Communications have?

    GTT Communications has 58 offices.