KORE - Earnings announcements

Company Increases Connections and Grows Free Cash Flow in First Quarter 2026 ATLANTA, May 11, 2026 /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 quarter ended March 31, 2026. First Quarter 2026 Financial HighlightsRevenue was $65.8 million, down $6.3 million due to a decline in IoT Solutions partially offset by $2.3 million increase in IoT Connectivity.Total Connections[1

Company delivers strong profitability and Free Cash Flow growth in 2025 ATLANTA, March 30, 2026 /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 quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial HighlightsRevenue was $73.9 million, roughly flat to the same period last year, while Total Connections1 increased to 20.9 million, up 6% from 19.7 million

Growth in Adjusted EBITDA, Connections and Free Cash Flow and an improvement in Net Loss ATLANTA, Nov. 12, 2025 /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 quarter and year-to-date period ended September 30, 2025. Third Quarter 2025 Company Highlights Revenue was $68.7 million, roughly flat to the same period last year, while Total Connections1 increased to 20.5 milli

ATLANTA, Oct. 28, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on November 12, 2025, following the U.S. market closing it will release its financial results for the third quarter of 2025. KORE will host a live webcast, followed by a Q&A session the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: November 12, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Webcast Event:

Growth in Revenue, Adjusted EBITDA, Connections, and Free Cash Flow ATLANTA, Aug. 14, 2025 /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 quarter and year-to-date period ended June 30, 2025. Second Quarter 2025 Company Highlights Revenue increased to $71.3 million, up $3.4 million or 5% from the same period last year.Total Connections1 increased to 20.1 million, up 8%

ATLANTA, July 21, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on August 14, 2025, following the U.S. market closing it will release its financial results for the second quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: August 14, 2025Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)Web

Growth in Connections, Operating Cash and Free Cash Flow ATLANTA, May 15, 2025 /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 quarter ended March 31, 2025. Company Highlights Total Connections1 increased to 19.8 million, up 8% from 18.3 million in the same period last year.Cash provided by operations increased to $2.9 million, up 51% from the same period a year ago, po

ATLANTA, May 5, 2025 /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 May 15, 2025, following the U.S. market closing it will release its financial results for the first quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: May 15, 2025Time: 5:00 p.m. Eastern time (2:00 p.m.

Delivering Growth in Connections, IoT Connectivity Revenue, Cash from Operations and Free Cash Flow  ATLANTA, April 30, 2025 /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 quarter and full year ended December 31, 2024. 2024 Company Highlights Revenue was $286.1 million. IoT Connectivity revenue increased by $24.5 million, or 12% year over yearTotal Number of Connections

ATLANTA, April 15, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company")), a global leader in Internet of Things ("IoT") solutions and pioneering IoT hyperscaler, today announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year ended December 31, 2024, which had previously been scheduled for April 15, 2025. KORE currently expects to issue its fourth quarter and full year 2024 financial results after market close on April 30, 2025. The Company also currently expects to file its Annual Report on Form 10-K for the year ended December 31, 2024 (the "10-K") on April 30, 2025.

ATLANTA, March 31, 2025 /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 April 15, 2025, following the U.S. market closing it will release its financial results for the fourth quarter of 2024 and full year 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: April 15, 2024Time: 5:00 p

Restructuring plan completed Growth in Connectivity and Connections On track to meet 2024 guidanceATLANTA, 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.A 3% increase in IoT Connectivit

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 Connectivity, Solutions and Analytics announced that on November 13, 2024, following the U.S. market closing it will release its financial results for the third quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: November 13, 2024Time: 5:00 p.m. Eastern tim

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 updatedATLANTA, 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.

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. KORE will host a live webcast, followed by a question-and-answer period the same day at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss the financial results. Date: August 15, 2024Time: 8:30 a.m. Eastern time (5:30 a

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, Solutions, and Analytics, today reported financial and operational results for the quarter ended March 31, 2024. Company Highlights First quarter 2024 revenue was $76.0 million, a 15.2% increase over the same period last year.IoT Connectivity revenue of $57.9 million, a 33% increase over the same period last year, was driven by investments and organic growth. Organically, IoT Connect

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, Solutions and Analytics announced that on May 15, 2024, after the U.S. market closes it will release its financial results for the first quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: May 15, 2024Time: 5:00 p.m. Eastern time (2:00 p.m. Paci

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, Solutions, and Analytics, today reported financial and operational results for the quarter and full year ended December 31, 2023. Company Highlights The Company is providing 2024 revenue guidance in the range of $300 to $305 million and Adjusted EBITDA, a non-GAAP metric1, guidance in a range of $64 to $66 million, reflecting a re-acceleration in IoT Connectivity growth. IoT Connec

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 will host a live webcast, followed by a question-and-answer period the same day at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) to discuss the financial results. Date: Thursday, A

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 Connectivity, Solutions and Analytics, today reported financial and operational results for the quarter ended June 30, 2023. KORE: Company Highlights Second quarter 2023 revenue of $69.5 million increased 5% sequentially from the first quarter of 2023, marking the Company's second sequential revenue growth quarter. Further, KORE remains on track to return to generating year-over-year g

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 Connectivity, Solutions, and Analytics, announced that on Wednesday, August 9, 2023, after the U.S. market close it will release its financial results for the second quarter, which ended June 30, 2023. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: Wednesday

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 Connectivity, Solutions and Analytics, today reported financial and operational results for the quarter ended March 31, 2023. KORE: Company Highlights First quarter 2023 revenue of $66.0 million increased 5.7% sequentially from the fourth quarter of 2022 and was ahead of expectations, primarily due to stronger than expected growth in our Connected Health vertical and sequential growth o

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 Connectivity, Solutions and Analytics, announced that on Tuesday, May 9, 2023, after the U.S. market close it will release its financial results for the first quarter, which ended March 31, 2023. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: Tuesday, May 9

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 Connectivity-as-a-Service ("CaaS"), today reported preliminary unaudited financial and operational results for the quarter and full year ended December 31, 2022. KORE intends to file its Form 10-K with fully audited results by March 31, 2023. KORE: Company Highlights KORE entered into an agreement to acquire Twilio's IoT business unit for ten million shares of KORE common stock to be issued t

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 Connectivity-as-a-Service ("CaaS"), today reported financial and operational results for the quarter ended September 30, 2022. KORE: Company Highlights Third quarter revenue of $66.6 million exceeded our expectations bringing year-to-date revenue to $205.9 million, an increase of 12% over the first nine months of 2021.The Company is increasing its 2022 revenue guidance to a range of $265-$267

ATLANTA, Oct. 31, 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-a-Service ("IoT CaaS"), will hold a conference call on Monday, November 14 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2022. Financial results will be issued in a press release prior to the call. KORE management will host the presentation, followed by a question-and-answer period. Date: Monday,

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-as-a-Service ("CaaS"), today reported financial and operational results for the quarter ended June 30, 2022. "In the second quarter, year-over-year, KORE again generated strong growth," said Romil Bahl, President & CEO of KORE. "In the second quarter, year-over-year, KORE again generated strong growth. Total revenue increased 16%, led by 47% growth in IoT Solutions, and the number

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-as-a-Service (CaaS), will hold a conference call on Thursday, August 11 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2022. Financial results will be issued in a press release prior to the call. KORE management will host the presentation, followed by a question-and-answer period. Date: Thursday, August 11,

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-a-Service ("CaaS"), today reported financial and operational results for the quarter ended March 31, 2022. "KORE built off a record-setting 2021 with a strong start to 2022. We delivered 25% year-over-year revenue growth, grew our IoT Solutions business by 70%, and continued to grow our total connected devices. We accomplished all of this despite a volatile backdrop of network s

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-a-Service (CaaS), will hold a conference call on Monday, May 16 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2022. Financial results will be issued in a press release prior to the call. KORE management will host the presentation, followed by a question-and-answer period. Date: Monday, May 16, 2022Time: 5

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-as-a-Service ("CaaS"), today reported financial and operational results for the fourth quarter and full year ended December 31, 2021. "We have never been more excited about our position as the only pure-play IoT company in the public markets," said Bahl."KORE had a great year in 2021," said Romil Bahl, President & CEO of KORE. "In our 20th year of existence, we not only delivered

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-a-Service (CaaS), will hold a conference call on Tuesday, March 29 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2021. Financial results will be issued in a press release prior to the call. KORE management will host the presentation, followed by a question-and-answer period. Date: Tue

~ Q4 Revenues Up 32%; Appoints Technology Services Veteran and IoT Executive Romil Bahl to Board of Directors ~ Perficient, Inc. (NASDAQ:PRFT) ("Perficient"), the leading global digital consultancy transforming the world's largest enterprises and biggest brands, today reported its financial results for the quarter and year ended December 31, 2021. Financial Highlights For the quarter ended December 31, 2021: Revenues increased 32% to $214.7 million from $162.6 million in the fourth quarter of 2020; Net income decreased 46% to $4.5 million from $8.4 million in the fourth quarter of 2020, primarily as a result of loss on extinguishment of debt; GAAP earnings per share results on a fu

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-a-Service ("CaaS"), today reported financial and operational results for the third quarter and nine months ended September 30, 2021. "Following the successful closing of our business combination with Cerberus Telecom Acquisition Corp. ("CTAC"), and our subsequent NYSE listing, we are delighted to report a strong set of third quarter financial results. Based on our results over

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-a-Service (CaaS), will hold a conference call on Monday, November 15 at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2021. Financial results will be issued in a press release prior to the call. KORE Sets Third Quarter 2021 Conference Call for Monday, November 15, 2021 at 5:00 p.m. ET.KORE management wi