Global Crossing announces 2007 results

By: admin
Published: March 12th, 2008

Global Crossing Logo

Global Crossing (NASDAQ: GLBC) reported today its consolidated financial and operational results for the fourth quarter and full year 2007.

  • Consolidated revenue grew 4 percent sequentially to $616 million in the fourth quarter.
  • Company generated $323 million or 52 percent adjusted gross margin in the fourth quarter.
  • Consolidated revenue grew to $2.26 billion in 2007.
  • Company generated $174 million in adjusted cash EBITDA for 2007.

Read the press release for further details.

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