KORE Group Holdings, Inc. (KORE)

NYSE: KORE · Real-Time Price · USD
1.900
+0.070 (3.83%)
Nov 20, 2024, 3:58 PM EST - Market closed
3.83%
Market Cap 34.38M
Revenue (ttm) 285.23M
Net Income (ttm) -154.32M
Shares Out 18.09M
EPS (ttm) -8.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 35,679
Open 1.830
Previous Close 1.830
Day's Range 1.830 - 1.994
52-Week Range 1.300 - 6.450
Beta 2.49
Analysts Buy
Price Target 10.00 (+426.32%)
Earnings Date Nov 19, 2024

About KORE

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communicati... [Read more]

Founded 2003
Employees 600
Stock Exchange NYSE
Ticker Symbol KORE
Full Company Profile

Financial Performance

In 2023, KORE Group Holdings's revenue was $276.61 million, an increase of 3.04% compared to the previous year's $268.45 million. Losses were -$167.04 million, 57.3% more than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for KORE stock is "Buy." The 12-month stock price forecast is $10.0, which is an increase of 426.32% from the latest price.

Price Target
$10.0
(426.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KORE Group Holdings, Inc. (KORE) Q3 2024 Earnings Call Transcript

KORE Group Holdings, Inc. (NYSE:KORE) Q3 2024 Earnings Conference Call November 19, 2024 5:00 PM ET Company Participants Vik Vijayvergiya - Director of Investor Relations Ron Totton - President and C...

1 day ago - Seeking Alpha

KORE Reports Third Quarter 2024 Results and Completion of Restructuring Plan

Restructuring plan completed Growth in Connectivity and Connections On track to meet 2024 guidance ATLANTA , Nov. 19, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Compan...

1 day ago - PRNewsWire

KORE Reschedules Third Quarter 2024 Financial Results and Live Webcast

Company to restate Second Quarter 2024 Financial Statements No impact to Revenues, Cash Flows or Adjusted EBITDA expected for the period affected ATLANTA , Nov. 12, 2024 /PRNewswire/ -- KORE Group Hol...

8 days ago - PRNewsWire

KORE to Report Third Quarter 2024 Results on November 13, 2024

ATLANTA , Oct. 31, 2024 /PRNewswire/ -- KORE Group Holdings, Inc .  (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivit...

20 days ago - PRNewsWire

KORE Receives Continued Listing Standard Notice from NYSE

KORE intends to cure the deficiency and return to compliance with NYSE listing standard ATLANTA , Sept. 16, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), a glo...

2 months ago - PRNewsWire

KORE Group Holdings, Inc. (KORE) Q2 2024 Earnings Call Transcript

KORE Group Holdings, Inc. (KORE) Q2 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

KORE Reports Second Quarter 2024 Results; Announces Restructuring Plan Focused on Driving Profitable Growth

Ron Totton appointed President and CEO and to the KORE Board of Directors Restructuring estimated to generate gross cash savings of $5 million to $6 million in 2024 with a $4 million to $5 million one...

3 months ago - PRNewsWire

KORE to Report Second Quarter 2024 Results on August 15, 2024

ATLANTA , Aug. 7, 2024 /PRNewswire/ --  KORE Group Holdings, Inc .  (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivit...

3 months ago - PRNewsWire

Top 4 Tech And Telecom Stocks That May Rocket Higher In July

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. `

Other symbols: DALNDLPNPODC
4 months ago - Benzinga

KORE Announces Appointment of Bruce Gordon as Executive Vice President and Chief Operating Officer

ATLANTA , July 8, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE," the "Company," "we" or "our), a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscal...

4 months ago - PRNewsWire

KORE to Effect a Reverse Stock Split

KORE common stock expected to begin trading on a 1-for-5 split adjusted basis on July 1, 2024 ATLANTA , June 21, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), ...

5 months ago - PRNewsWire

KORE Group Holdings, Inc. (KORE) Q1 2024 Earnings Call Transcript

KORE Group Holdings, Inc. (NYSE:KORE) Q1 2024 Earnings Conference Call May 15, 2024 5:00 PM ET Company Participants Vik Vijayvergiya - Director, Investor Relations Ronald Totton - Interim President a...

6 months ago - Seeking Alpha

KORE Reports First Quarter 2024 Results

ATLANTA , May 15, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, S...

6 months ago - PRNewsWire

KORE to Report First Quarter 2024 Results on May 15, 2024

ATLANTA , May 9, 2024 /PRNewswire/ -- KORE Group Holdings, Inc .  (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity,...

6 months ago - PRNewsWire

KORE Announces President and CEO Transition

Romil Bahl to step down and Ronald Totton named as Interim President and CEO ATLANTA , April 29, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE," the "Company," "we" or "our"), a g...

7 months ago - PRNewsWire

KORE Group Holdings, Inc. (KORE) Q4 2023 Earnings Call Transcript

KORE Group Holdings, Inc. (NYSE:KORE) Q4 2023 Results Conference Call April 11, 2024 8:00 AM ET Company Participants David Freund - Manager, M&A Romil Bahl - President and Chief Executive Officer Pau...

7 months ago - Seeking Alpha

KORE Reports Fourth Quarter and Full Year 2023 Results; Provides Full-Year 2024 Revenue Guidance of $300 to $305 Million Driven by IoT Connectivity

ATLANTA , April 11, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity,...

7 months ago - PRNewsWire

KORE to Report Fourth Quarter and Full Year 2023 Results on April 11, 2024

ATLANTA , April 8, 2024 /PRNewswire/ --  KORE Group Holdings, Inc .  (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivi...

8 months ago - PRNewsWire

NYSE to Commence Delisting Proceedings with Respect to the Warrants of KORE Group Holdings, Inc. (KORE.WS)

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of KORE ...

1 year ago - Business Wire

KORE Announces Completion of Comprehensive Debt Refinancing and Strategic Investment

ATLANTA , Nov. 16, 2023 /PRNewswire/ --  KORE Group Holdings, Inc .  (NYSE: KORE, KORE.WS) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Co...

1 year ago - PRNewsWire

KORE Group Holdings, Inc. (KORE) Q3 2023 Earnings Call Transcript

KORE Group Holdings, Inc. (KORE) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

KORE Reports Third Quarter 2023 Results: Announces Successful Refinancing and Preferred Stock Issuance Transactions

ATLANTA , Nov. 9, 2023 /PRNewswire/ -- KORE Group Holdings, Inc .  (NYSE: KORE, KORE.WS) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Con...

1 year ago - PRNewsWire

KORE to Report Third Quarter 2023 Financial Results on November 9, 2023

ATLANTA , Oct. 26, 2023 /PRNewswire/ -- KORE Group Holdings, Inc.  (NYSE: KORE, KORE WS) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Conn...

1 year ago - PRNewsWire

KORE Group Holdings, Inc. (KORE) Q2 2023 Earnings Call Transcript

KORE Group Holdings, Inc. (NYSE:KORE) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Charley Brady - Vice President, Investor Relations Romil Bahl - President and Chi...

1 year ago - Seeking Alpha

KORE Reports Second Quarter 2023 Results; Maintains 2023 Revenue and Adjusted EBITDA Guidance

ATLANTA , Aug. 9, 2023 /PRNewswire/ --  KORE Group Holdings, Inc .  (NYSE: KORE, KORE.WS) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Co...

1 year ago - PRNewsWire