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

KORE group

14/11/2022 22:03

* KORE Group Holdings Inc  KORE.N  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was for a
loss of 13 cents per share.
    * Revenue fell 1.8% to $66.64 million from a year ago;
analysts
expected $64.69 million. 
    * KORE Group Holdings Inc's reported EPS for the quarter was
a
loss of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 58.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * KORE Group Holdings Inc shares had risen by 61.8% this
quarter and lost 54.2% so far this year.
    * The company reported a quarterly loss of $13.03 million.
    * Wall Street's median 12-month price target for KORE Group
Holdings Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.13          -0.17          Missed
 Jun. 30 2022      -0.07          -0.15          Missed
 Mar. 31 2022      -0.09          -0.15          Missed
 Dec. 31 2021      -0.11          -0.17          Missed