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KORE Group Holdings NYSE:KORE Stock Report

Last Price

US$0.77

Market Cap

US$64.3m

7D

0.1%

1Y

-52.3%

Updated

19 May, 2024

Data

Company Financials +

KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$64.3m

KORE Group Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for KORE Group Holdings
Historical stock prices
Current Share PriceUS$0.77
52 Week HighUS$1.76
52 Week LowUS$0.12
Beta2.72
1 Month Change-3.57%
3 Month Change-13.13%
1 Year Change-52.32%
3 Year Change-92.21%
5 Year Changen/a
Change since IPO-92.40%

Recent News & Updates

Recent updates

KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 14
KORE Group Holdings, Inc. (NYSE:KORE) Just Reported Earnings, And Analysts Cut Their Target Price

KORE Group Holdings, Inc. GAAP EPS of -$0.15 misses by $0.08, revenue of $70.4M beats by $4.49M

Aug 11

Kore Wireless CEO Romil Bahl - Getting Ready For 5G (Video)

Oct 07

Shareholder Returns

KOREUS Wireless TelecomUS Market
7D0.1%0.04%1.7%
1Y-52.3%20.1%26.3%

Return vs Industry: KORE underperformed the US Wireless Telecom industry which returned 20% over the past year.

Return vs Market: KORE underperformed the US Market which returned 26.3% over the past year.

Price Volatility

Is KORE's price volatile compared to industry and market?
KORE volatility
KORE Average Weekly Movement14.3%
Wireless Telecom Industry Average Movement9.4%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: KORE's share price has been volatile over the past 3 months.

Volatility Over Time: KORE's weekly volatility has decreased from 21% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2002600Ron Tottonwww.korewireless.com

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company’s products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services.

KORE Group Holdings, Inc. Fundamentals Summary

How do KORE Group Holdings's earnings and revenue compare to its market cap?
KORE fundamental statistics
Market capUS$64.26m
Earnings (TTM)-US$166.14m
Revenue (TTM)US$286.61m

0.2x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KORE income statement (TTM)
RevenueUS$286.61m
Cost of RevenueUS$132.46m
Gross ProfitUS$154.15m
Other ExpensesUS$320.29m
Earnings-US$166.14m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.00
Gross Margin53.78%
Net Profit Margin-57.97%
Debt/Equity Ratio1,969.0%

How did KORE perform over the long term?

See historical performance and comparison
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