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

KORE group

29/03/2022 22:54

* KORE Group Holdings Inc  KORE.N  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was for a
loss of 11 cents per share.
    * Revenue was $64.30 million​;  analysts expected $58.23
million. 
    * KORE Group Holdings Inc's reported EPS for the quarter was
a
loss of 17 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * KORE Group Holdings Inc shares had fallen by 18.4% this
quarter.
    * The company reported a quarterly loss of $11.98 million.
    * Wall Street's median 12-month price target for KORE Group
Holdings Inc is $12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 29 at 09:53 p.m.  ​All
figures in US dollars unless otherwise stated