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Kore Group Holdings Inc Reports Results For The Quarter Ended December 31: Earnings Summary

KORE Group Holdings Inc KORE.N reported a quarterly adjusted loss of 95 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.70.  The mean expectation of two analysts for the quarter was for a loss of 44 cents per share.

Revenue rose 1.2% to $73.32 million from a year ago; analysts expected $70.20 million.

KORE Group Holdings Inc's reported EPS for the quarter was a loss of $1.31​.

The company reported a quarterly loss of $25.45 million.

KORE Group Holdings Inc shares had risen by 0.0% this quarter and lost 23.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for KORE Group Holdings Inc is $7.25

This summary was machine generated from LSEG data April 30 at 09:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.44-0.95Missed
Sep. 30 2024-0.63-0.69Missed
Jun. 30 2024-0.36-3.37Missed
Mar. 31 2024-0.42-0.80Missed

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