KORE Group HoldingsKORE
KORE
About: Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions). Geographically, the company generates a majority of its revenue from the United States and the rest from other countries.
Employees: 600
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
19% more capital invested
Capital invested by funds: $10.5M [Q3] → $12.4M (+$1.98M) [Q4]
5% more funds holding
Funds holding: 21 [Q3] → 22 (+1) [Q4]
9.82% less ownership
Funds ownership: 42.56% [Q3] → 32.74% (-9.82%) [Q4]
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Research analyst outlook
We haven’t received any recent analyst ratings for KORE.
Financial journalist opinion
Based on 3 articles about KORE published over the past 30 days
Positive
MarketBeat
3 days ago
2 Penny Stocks With $10 Potential
Penny stocks are a dime a dozen, but KORE Group Holdings NYSE: KORE and Banzai International NASDAQ: BNZI stand out. These up-and-coming tech companies provide in-demand services that facilitate, enable, and aid AI applications globally.
Neutral
PRNewsWire
4 days ago
KORE Reschedules Earnings Release and Conference Call
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.
Neutral
PRNewsWire
2 weeks ago
KORE to Report Fourth Quarter and Full Year 2024 Results on April 15, 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.
Neutral
PRNewsWire
2 months ago
KORE Appoints Jared Deith as Chief Revenue Officer to Accelerate Market Leadership and Innovation
ATLANTA , Jan. 31, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), a global leader in IoT solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today has named Jared Deith as Executive Vice President and Chief Revenue Officer (CRO). Deith, an established entrepreneur, brings a strong track record of building high-performing teams and driving transformative growth in the IoT market.
Positive
Zacks Investment Research
3 months ago
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Cerberus Telecom Acquisition (KORE)
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cerberus Telecom Acquisition (KORE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Neutral
PRNewsWire
3 months ago
KORE Announces NYSE Acceptance of Plan to Regain Listing Compliance
ATLANTA , Dec. 23, 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 announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards.
Neutral
Zacks Investment Research
3 months ago
Cerberus Telecom Acquisition (KORE) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
After losing some value lately, a hammer chart pattern has been formed for Cerberus Telecom Acquisition (KORE), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Negative
Zacks Investment Research
4 months ago
KORE Group Holdings, Inc. (KORE) Reports Q3 Loss, Tops Revenue Estimates
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.
Neutral
Seeking Alpha
4 months ago
KORE Group Holdings, Inc. (KORE) Q3 2024 Earnings Call Transcript
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.
Neutral
PRNewsWire
4 months ago
KORE Reports Third Quarter 2024 Results and Completion of Restructuring Plan
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.
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