KORE Group Holdings, Inc. (KORE)

NYSE: KORE · IEX Real-Time Price · USD
0.633
-0.007 (-1.06%)
May 31, 2024, 4:00 PM EDT - Market closed
-1.06%
Market Cap 52.65M
Revenue (ttm) 286.61M
Net Income (ttm) -166.14M
Shares Out 83.20M
EPS (ttm) -1.87
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 26,677
Open 0.665
Previous Close 0.640
Day's Range 0.633 - 0.715
52-Week Range 0.320 - 1.590
Beta 2.72
Analysts Buy
Price Target 2.94 (+364.6%)
Earnings Date May 15, 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'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 5 analysts, the average rating for KORE stock is "Buy." The 12-month stock price forecast is $2.94, which is an increase of 364.60% from the latest price.

Price Target
$2.94
(364.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

16 days 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,...

22 days 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...

4 weeks ago - PRNewsWire

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 weeks 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...

7 weeks 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 ...

6 months 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...

7 months ago - PRNewsWire

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...

7 months 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...

7 months 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. 6, 2023 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE"), the global pur...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

KORE Group Holdings to Report Second Quarter 2023 Financial Results on August 9, 2023

ATLANTA , July 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 Con...

11 months ago - PRNewsWire

KORE names new sales leaders to continue growth and expansion

Jason Dietrich named as Executive Vice President and Chief Revenue Officer, and Júlio Tesser named as Vice President, Latin America ATLANTA , June 12, 2023 /PRNewswire/ -- KORE Group Holdings, Inc. (N...

1 year ago - PRNewsWire

KORE Continues Journey to Become World's First IoT Hyperscaler with Closing of Acquisition of Twilio's IoT Business Unit

ATLANTA , June 1, 2023 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) (NYSE: KOREWS), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions an...

Other symbols: TWLO
1 year ago - PRNewsWire

KORE Reports First Quarter 2023 Results; Reiterates 2023 Guidance

ATLANTA , May 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 Group Holdings to Report First Quarter 2023 Financial Results on May 9, 2023

ATLANTA , April 24, 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 Provides Additional Details Relating to Anticipated Filing of its Annual Report on Form 10-K for Fiscal Year 2022

ATLANTA , March 31, 2023 /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 Connectivi...

1 year ago - PRNewsWire

KORE Reports Preliminary and Unaudited Fourth Quarter and Full-Year 2022 Results; Provides Full-Year 2023 Revenue Guidance of $300 to $310 Million, Representing Year-Over-Year Growth of 12% to 15%

ATLANTA , March 27, 2023 /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 Connectivi...

1 year ago - PRNewsWire

KORE to Acquire Twilio's IoT Business Unit and Accelerate Progress Towards Building the World's First 'IoT Hyperscaler'

KORE and Twilio have signed an agreement for KORE to acquire the IoT unit of Twilio, bringing best-in-class IoT customers and talent to KORE ATLANTA , March 27, 2023 /PRNewswire/ -- KORE Group Holding...

Other symbols: TWLO
1 year ago - PRNewsWire

KORE Sets Fourth Quarter and Full Year 2022 Conference Call for Monday, March 27, 2023, at 5:00 p.m. ET

ATLANTA, March 17, 2023 /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 year ago - PRNewsWire

KORE To Participate At The 35th Annual ROTH Technology Event

ATLANTA , Feb. 27, 2023 /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 Connectiv...

1 year ago - PRNewsWire

KORE To Participate In Needham Growth Conference

ATLANTA , Jan. 9, 2023 /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 year ago - PRNewsWire

In-Home Senior Care Powered by Care Daily Artificial Intelligence and Supported Through KORE IoT Connectivity and Managed Services

KORE's comprehensive suite of IoT solutions and services simplify the complexities involved in providing an "aging in place" Connected Health solution that improves the quality of life for seniors ATL...

1 year ago - PRNewsWire

KORE Reports Third Quarter 2022 Results, Increases Revenue Guidance for 2022

ATLANTA , Nov. 14, 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 Connectivi...

1 year ago - PRNewsWire

KORE To Participate At The 11th Annual ROTH Technology Event

ATLANTA , Nov. 7, 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 Connectivit...

1 year ago - PRNewsWire