E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/5/2022 in the Prospect News Distressed Debt Daily.

GTT Communications reports $15.29 million operating loss for August

By Sarah Lizee

Olympia, Wash., Oct. 5 – GTT Communications, Inc. and its affiliates reported a $15.29 million operating loss for August on $52.26 million of revenue, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Southern District of New York.

The net loss for August was $14.5 million.

The debtors listed $45.24 million in cash and cash equivalents at the end of August.

GTT is a McLean, Va.-based cloud networking provider that filed bankruptcy on Oct. 31, 2021 under Chapter 11 case number 21-11880.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.