Profile
Sector:
Communication ServicesIndustry:
Telecom ServicesCountry:
United StatesIPO:
11 December 2020Website:
http://www.korewireless.comNext earnings report:
11 April 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:45:40 GMTDividend
Analysts recommendations
Institutional Ownership
KORE Latest News
KORE Group Holdings, Inc. (KORE) came out with a quarterly loss of $1 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $1.95 per share a year ago.
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 Chief Executive Officer Paul Holtz - Chief Financial Officer Conference Call Participants Lance Vitanza - TD Cowen Mary Lenox - Morgan Stanley Operator Greetings and welcome to the KORE Group Holdings, Inc. Third Quarter 2024 Earnings Conference Call and Webcast. At this time, all participants are in listen-only mode.
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 "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 nine months ended September 30, 2024. Q3 Highlights Third quarter 2024 revenue was $68.9 million, a 0.4% increase from $68.6 million in the same period last year.
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.
What type of business is KORE Group Holdings?
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, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.
What sector is KORE Group Holdings in?
KORE Group Holdings is in the Communication Services sector
What industry is KORE Group Holdings in?
KORE Group Holdings is in the Telecom Services industry
What country is KORE Group Holdings from?
KORE Group Holdings is headquartered in United States
When did KORE Group Holdings go public?
KORE Group Holdings initial public offering (IPO) was on 11 December 2020
What is KORE Group Holdings website?
https://www.korewireless.com
Is KORE Group Holdings in the S&P 500?
No, KORE Group Holdings is not included in the S&P 500 index
Is KORE Group Holdings in the NASDAQ 100?
No, KORE Group Holdings is not included in the NASDAQ 100 index
Is KORE Group Holdings in the Dow Jones?
No, KORE Group Holdings is not included in the Dow Jones index
When was KORE Group Holdings the previous earnings report?
No data
When does KORE Group Holdings earnings report?
The next expected earnings date for KORE Group Holdings is 11 April 2025