Backbone-News » Global Crossing http://www.backbone-news.com Covering Technology, Outages, News and Events Fri, 19 Dec 2008 22:25:35 +0000 en hourly 1 http://wordpress.org/?v=3.3 Global Crossing announces 2007 results http://www.backbone-news.com/2008/03/12/global-crossing-announces-2007-results/ http://www.backbone-news.com/2008/03/12/global-crossing-announces-2007-results/#comments Wed, 12 Mar 2008 23:33:04 +0000 admin http://www.backbone-news.com/2008/03/12/global-crossing-announces-2007-results/ 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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