Sunday, May 3, 2009

Global Crossing Reports Q1 Revenue of $609 Million

Global Crossing generated consolidated revenue of $609 million for the first quarter of 2009, representing a year-over-year decrease of 4 percent as reported and an increase of 6 percent in constant currency terms. Revenue from the company's "invest and grow" category -- that part of the business focused on serving global enterprises and carrier customers, excluding wholesale voice -- was $510 million, representing a year-over-year decrease of 2 percent as reported and an increase of 10 percent in constant currency terms. http://www.globalcrossing.com