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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: RobertSheldon who wrote (11223)5/15/2001 5:53:19 PM
From: Spekulatius  Respond to of 15615
 
Robert, one last question regarding GX:
What are Other expenses in GX earnings statement. They were 650M$ for the last quarter and appear to be rising faster than revenue. Are this cash costs?



To: RobertSheldon who wrote (11223)5/16/2001 12:07:13 AM
From: Ally  Read Replies (1) | Respond to of 15615
 
Nice quarter.. cash revenue, GAAP revenue, gross profit... all higher than Dec 31/00 quarter...gross margin 50.7% versus 45.1%...operating loss $513.2 versus $598.5. However, net loss $615.8 is significantly higher than the $472.5 of Q4/00 solely due to much higher net interest expense $115.2 versus $43.3.

Puzzling... why was interest expense that much higher in Q1/01 than Q4/00 ?


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