GTT Communications, Inc. (NYSE: GTT), the leading global cloud
networking provider to multinational clients, announced today that it
received the 2015 Washington SmartCEO Future 50 award and is also a
recipient of the Blue Chip Award by the magazine.
“We are honored to be recognized with the SmartCEO Future 50 award for
the second consecutive year,” said Rick Calder, GTT President and CEO.
“Our strong growth is due to the successful execution of our strategy to
extend ubiquitous network connectivity to any location in the world and
with any application in the cloud, to expand cloud networking services
to multinational clients, and to deliver outstanding client experience
by living our core values of simplicity, speed and agility.”
The Future 50 award recognizes the Greater Washington area’s 50 fastest
growing companies based on employee and revenue growth over the past
three years. The Blue Chip award differentiates five companies that have
a solid record of growth and quality and earn over $150 million in
annual revenue.
“GTT reported revenue of $157 million in 2013, reflecting a compound
annual growth rate (CAGR) of 31% since 2011,” said Michael Bauer, GTT’s
Chief Financial Officer. “For the last quarter ended September 30, 2014,
GTT’s annualized revenue run rate grew to $197 million. GTT’s next
financial objective is $400 million in revenue and $100 million in
adjusted EBITDA.”
About GTT
GTT operates a global Tier 1 IP network connecting to any location in
the world and with any application in the cloud. Our cloud networking
services provide a better way for multinational clients to embrace the
cloud. Our clients trust us to deliver solutions with simplicity, speed
and agility so they can compete effectively in the global economy. For
more information, visit www.gtt.net.
Copyright Business Wire 2015