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Technology Stocks : Global Crossing (GLBC)

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From: FJB12/14/2009 1:19:53 PM
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Global Crossing Reports GCUK's Third Quarter 2009 Results
Press Release
Source: Global Crossing
On 6:00 am EST, Monday December 14, 2009

LONDON, Dec. 14 /PRNewswire-FirstCall/ -- Global Crossing Limited (Nasdaq: GLBC), a leading global IP solutions provider, today announced third quarter results for its subsidiary, Global Crossing (UK) Telecommunications Limited (GCUK).

Business Highlights

GCUK generated 75 million pounds of revenue in the third quarter and Operating Income Before Depreciation and Amortization (OIBDA) of 20 million pounds. (OIBDA is a non-GAAP measure that is defined and reconciled below.) The company also reported cash generated from operations of 13 million pounds before interest...

finance.yahoo.com
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