|Bid||5.0200 x 1300|
|Ask||5.1000 x 800|
|Day's Range||4.8800 - 5.1900|
|52 Week Range||3.9400 - 15.7700|
|Beta (5Y Monthly)||1.51|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 08, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.50|
NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of GTT Communications, Inc.
Shares of GTT Communications (NYSE: GTT) slumped on Tuesday after the telecommunications company disclosed that it would delay the filing of its 10-Q for the quarter ended June 30. GTT said in a filing with the SEC that it discovered "certain issues related to the recording and reporting of Cost of Telecommunications Services and related internal controls" while it was closing its books for the quarter. Management, the audit committee of the board of directors, and outside counsel and consultants are now reviewing these issues to determine if any restatements of previously issued financial statements are required.
GTT Communications (GTT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.