Gtt communications, inc. (GTT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Revenue:
Telecommunications services

1,727,800

1,490,800

827,900

527,300

372,500

207,343

157,368

107,877

91,188

81,075

Operating expenses:
Cost of telecommunications services

941,900

819,400

432,100

279,600

207,700

128,086

102,815

76,000

64,198

57,022

Selling, general and administrative expenses

400,800

383,200

215,400

143,200

101,700

45,613

31,675

18,957

18,597

18,021

Severance, restructuring and other exit costs

13,000

37,100

22,400

900

12,700

9,425

7,677

701

958

-

Depreciation and amortization

248,800

211,400

132,600

62,800

46,700

24,921

17,157

7,296

3,896

2,791

Operating Costs and Expenses, Total

1,604,500

1,451,100

802,500

486,500

368,800

208,045

159,324

102,954

87,649

77,834

Operating income

123,300

39,700

25,400

40,800

3,700

-702

-1,956

4,923

3,539

3,241

Other expenses:
Interest expense, net

-194,700

-146,900

-71,200

-29,400

-13,900

-8,454

-8,408

-4,686

-2,491

-1,407

Loss on debt extinguishment

0

-13,800

-8,600

-1,600

-3,400

-3,104

-706

0

-

-

Other expenses, net

-31,300

-127,900

200

-600

-1,200

-8,636

-11,724

-1,054

-218

-368

Total other expenses

-226,000

-288,600

-79,600

-31,600

-18,500

-20,194

-20,838

-5,740

-2,709

-1,775

Loss before income taxes

-102,700

-248,900

-54,200

9,200

-14,800

-20,896

-22,794

-817

830

1,466

(Benefit from) provision for income taxes

3,200

-5,500

17,300

3,900

-34,100

2,083

-2,005

746

575

96

Net loss

-105,900

-243,400

-71,500

5,300

19,300

-22,979

-20,789

-1,563

255

1,370

Loss per share:
Basic (in dollars per share)

-1.88

-4.80

-1.71

0.14

0.55

-0.85

-0.95

-0.08

0.01

0.08

Diluted (in dollars per share)

-1.88

-4.80

-1.71

0.14

0.54

-0.85

-0.95

-0.08

0.01

0.08

Weighted average shares:
Basic (in shares)

56,265

50,718

41,912

37,055

34,973

27,011

21,985

18,960

18,599

16,740

Diluted (in shares)

56,265

50,718

41,912

37,568

35,801

27,011

21,985

18,960

18,820

16,971