Kore Group Holdings Inc Reports Results For The Quarter Ended March 31: Earnings Summary
16/05/2025 22:31
KORE Group Holdings Inc KORE.N reported a quarterly adjusted loss of 64 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -80 cents. The mean expectation of two analysts for the quarter was for a loss of 59 cents per share. Revenue fell 5% to $72.14 million from a year ago; analysts expected $69.80 million. KORE Group Holdings Inc's reported EPS for the quarter was a loss of 71 cents. The company reported a quarterly loss of $13.8 million. KORE Group Holdings Inc shares had fallen by 15.0% this quarter and lost 34.8% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 15.7% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate 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 $6.00 This summary was machine generated from LSEG data May 16 at 09:30 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | -0.59 | -0.64 | Missed |
| Dec. 31 2024 | -0.44 | -0.95 | Missed |
| Sep. 30 2024 | -0.63 | -0.69 | Missed |
| Jun. 30 2024 | -0.36 | -3.37 | Missed |