KORE Group Holdings, Inc. (KORE)

NYSE: KORE · IEX Real-Time Price · USD
1.91
-0.10 (-4.98%)
Sep 30, 2022 4:00 PM EDT - Market closed
-4.98%
Market Cap 145.62M
Revenue (ttm) 271.47M
Net Income (ttm) -38.54M
Shares Out 76.24M
EPS (ttm) -0.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 51,633
Open 2.05
Previous Close 2.01
Day's Range 1.91 - 2.13
52-Week Range 1.91 - 9.50
Beta n/a
Analysts Buy
Price Target 7.41 (+288.0%)
Earnings Date Aug 11, 2022

About KORE

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity, location-based, device solutions, and managed and professional services that are used in the development and support of IoT technology for the Machine-to-Machine market. The company provides Connectivity-as-a-Service; IoT solutions and analytics to fleet tracking companies; and asset monitoring, communications, and industrial IoT services. It serves customers operating in a range of sectors, including healthcare, fleet and vehic... [Read more...]

Industry Telecom Services
Founded 2003
Employees 614
Stock Exchange NYSE
Ticker Symbol KORE
Full Company Profile

Financial Performance

In 2021, KORE's revenue was $248.22 million, an increase of 16.12% compared to the previous year's $213.76 million. Losses were -$24.45 million, -30.53% less than in 2020.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for KORE stock is "Buy." The 12-month stock price forecast is 7.41, which is an increase of 287.96% from the latest price.

Price Target
$7.41
(287.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

KORE Reports Record Second Quarter 2022 Results

ATLANTA , Aug. 11, 2022 /PRNewswire/ --  KORE Group Holdings, Inc .  (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity...

1 month ago - PRNewsWire

KORE Sets Second Quarter 2022 Conference Call for Thursday, August 11, 2022 at 5:00 p.m. ET

ATLANTA , July 28, 2022 /PRNewswire/ --  KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-a...

2 months ago - PRNewsWire

KORE Recognized for Innovation and Customer Success by Frost & Sullivan

KORE named a 2022 Global Competitive Strategy Leader in the Internet of Things Professional Services Industry ATLANTA , July 7, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Thi...

2 months ago - PRNewsWire

KORE Announces Addition to the Russell 3000 Index

ATLANTA , June 27, 2022 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as...

3 months ago - PRNewsWire

KORE Cutting Ribbon on New Operational Headquarters for IoT Managed Services

KORE moves to Pittsford location to expand managed services to IoT customers PITTSFORD, N.Y. , May 24, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet  of Things (IoT) solutions and ...

4 months ago - PRNewsWire

KORE Reports First Quarter 2022 Results

ATLANTA , May 16, 2022 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-...

4 months ago - PRNewsWire

KORE Sets First Quarter 2022 Conference Call for Monday, May 16, 2022 at 5:00 p.m. ET

ATLANTA , May 2, 2022 /PRNewswire/ --  KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-...

5 months ago - PRNewsWire

KORE Appoints Three New Members to its Board of Directors

Additional board members bring world-class experience from leading international organizations ATLANTA , April 14, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) Sol...

5 months ago - PRNewsWire

KORE Premiers 'Decade of IoT' Podcast Discussing How Businesses Are Using IoT to Drive Real Value

Guests discuss business challenges they solve using IoT and provide insight and advice ATLANTA , April 6, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) solutions an...

5 months ago - PRNewsWire

Why KORE Group Holdings Was a Winner on Wednesday

Despite a bottom-line miss, investors were impressed by the company's Q4 performance.

6 months ago - The Motley Fool

KORE Reports Fourth Quarter and Full Year 2021 Results

ATLANTA , March 29, 2022 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-a...

6 months ago - PRNewsWire

KORE Names Paul Holtz as Chief Financial Officer

Holtz previously held finance leadership roles with Technology and SaaS companies, most recently as Interim CFO of KORE ATLANTA , March 22, 2022 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) (N...

6 months ago - PRNewsWire

KORE Sets Fourth Quarter and Full Year 2021 Conference Call for Tuesday, March 29, 2022 at 5:00 p.m. ET

ATLANTA, March 15, 2022 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as...

6 months ago - PRNewsWire

KORE Sets March 2022 Financial Conference Schedule

ATLANTA, March 2, 2022 /PRNewswire/ -- KORE Group Holdings, Inc.  (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as...

7 months ago - PRNewsWire

Leading Organizations Appoint KORE President and CEO Romil Bahl to Board and Advisory Roles

ATLANTA , March 1, 2022 /PRNewswire/ -- Romil Bahl, KORE President and CEO, has recently been tapped for key leadership and advisory roles in the technology space, including Chairman of the IoT M2M Coun...

7 months ago - PRNewsWire

KORE Collaborates with Kigen and Energy Web to Provide Integrated, eSIM-Based, Trusted Identity System for Smart Grid...

ATLANTA, Feb. 22, 2022 /PRNewswire/ -- KORE  (NYSE: KORE), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS), with support from Kigen, the global p...

7 months ago - PRNewsWire

Should You Buy KORE Group (KORE) Ahead of Earnings?

KORE Group (KORE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

7 months ago - Zacks Investment Research

KORE Named as a Leader in 2022 Gartner® 2022 Magic Quadrant™ for Managed IoT Connectivity Services

ATLANTA, Feb. 2, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) Solutions and worldwide IoT Connectivity-as-a-Service (CaaS), today announced that it has been named ...

8 months ago - PRNewsWire

KORE Developer Portal Wins "M2M Innovative Solution of the Year" Award in 2022 IoT Breakthrough Awards Program

ATLANTA, Jan. 26, 2022 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) Solutions and worldwide IoT Connectivity-as-a-Service (CaaS), today announced that its new KORE Deve...

8 months ago - PRNewsWire

KORE Celebrates 2021 Business Momentum Highlighted by Innovative Product Launches, Industry Awards and NYSE Listing

ATLANTA, Dec. 29, 2021 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) Solutions and worldwide IoT Connectivity-as-a-Service (CaaS), is marking the end of a successful yea...

9 months ago - PRNewsWire

KORE to Present at Oppenheimer's 5G Summit

ATLANTA, Dec. 7, 2021 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS), announced that members of its executive...

9 months ago - PRNewsWire

KORE Announces CFO Transition

ATLANTA, Nov. 29, 2021 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-...

10 months ago - PRNewsWire

KORE Announces Launch of Next Generation eSIM Solutions Designed to Simplify IoT Connectivity

ATLANTA, Nov. 22, 2021 /PRNewswire/ -- KORE (NYSE: KORE), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS), announced today the launch of KORE Omn...

10 months ago - PRNewsWire

KORE Reports Strong Third Quarter and Nine Month 2021 Results

ATLANTA, Nov. 15, 2021 /PRNewswire/ --  KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as...

10 months ago - PRNewsWire

KORE Sets Third Quarter 2021 Conference Call for Monday, November 15, 2021 at 5:00 p.m. ET

ATLANTA, Nov. 1, 2021 /PRNewswire/ --  KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-...

11 months ago - PRNewsWire