KORE Group HoldingsNYSE: KORE

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 global leader in Internet of Things ("IoT") solutions and pioneering IoT hyperscaler, announced that on September 12, 2024, it received a notice ("Notice") from the New York Stock Exchange ("NYSE") notifying KORE that that it is not in compliance with Section 802.01B of the NYSE's Listed Company Manual ("Rule 802.01B") because KORE's average global market capitalization over a consecutive 30 trading-day period was less than $50 million, and, at the same time, its stockholders' equity was less than $50 million.

The headline numbers for Cerberus Telecom Acquisition (KORE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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-time severance charge and $20 million to $22 million gross cash savings annually thereafter 2024 guidance updated ATLANTA , Aug. 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, Solutions, and Analytics, today reported financial and operational results for the three and six months ended June 30, 2024. Q2 Highlights Second quarter 2024 revenue was $67.9 million, a 2% decrease from $69.5 million in the same period last year.

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 Connectivity, Solutions and Analytics announced that on August 15, 2024, before the U.S. market opens it will release its financial results for the second quarter of 2024.

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 hyperscaler, announced that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024. Gordon brings over three decades of technology sector experience, having held multiple significant leadership roles.

KORE Group Holdings, Inc. (NYSE:KORE) will be hosting their Q1 2024 Earnings Conference Call on May 15, 2024 at 5:00 PM ET. The call will feature Vik Vijayvergiya, Ronald Totton, and Paul Holtz from the company. Conference call participants include Lance Vitanza, Karan Juvekar, and Scott Searle. The operator will begin the call with greetings and reminders about recording.

KORE Group Holdings, Inc. (NYSE: KORE) Q4 2023 Results Conference Call on April 11, 2024 at 8:00 AM ET with Company Participants David Freund, Romil Bahl, and Paul Holtz. Conference Call Participants include Scott Searle, Michael Latimore, and Mary Lenox. Operator: Hello, and thank you for joining the KORE Group Holdings' Fourth Quarter 2023 Earnings Call and Webcast. Please note that this call is being recorded.

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 Connectivity, Solutions and Analytics announced that on Thursday, April 11, 2024, before the U.S. market open it will release its financial results for the fourth quarter and full year ended December 31, 2023.

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