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…
GTT has announced its acquisition of KPN International for approximately €50 million in cash. Part of listed telecommunications company KPN, their business unit KPN International operates a global IP network for enterprise and carrier customers. The original source for ths post is Global Cloud Networking Company GTT Acquires KPN International…
Source websitehostingreview.org | Global IaaS data center services and cloud solutions provider, INAP (NASDAQ: INAP), has hired Michael T. Sicoli as President and Chief Financial Officer. Mr. Sicoli joins INAP from cloud networking services provider GTT Communications. The original source for ths post is Michael T. Sicoli Joins INAP as…
VeriSign, Inc. (NASDAQ: VRSN) reported fourth quarter and full year 2021 results. They reported revenue of $340 million for the fourth quarter of 2021, up 6.3 percent from the same quarter in 2020. Verisign reported net income of $330 million and diluted earnings per share (diluted “EPS”) of $2.97 for…