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KORE Group Holdings NYSE:KORE Stock Report

Last Price

US$1.83

Market Cap

US$35.6m

7D

-11.2%

1Y

-39.0%

Updated

19 Nov, 2024

Data

Company Financials +

KORE Group Holdings, Inc.

NYSE:KORE Stock Report

Market Cap: US$35.6m

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$1.83
52 Week HighUS$6.45
52 Week LowUS$1.30
Beta2.49
11 Month Change-12.86%
3 Month Change-27.09%
1 Year Change-39.00%
33 Year Change-94.79%
5 Year Changen/a
Change since IPO-96.40%

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

Shareholder Returns

KOREUS Wireless TelecomUS Market
7D-11.2%-0.8%-2.1%
1Y-39.0%58.6%29.7%

Return vs Industry: KORE underperformed the US Wireless Telecom industry which returned 58.6% over the past year.

Return vs Market: KORE underperformed the US Market which returned 29.7% over the past year.

Price Volatility

Is KORE's price volatile compared to industry and market?
KORE volatility
KORE Average Weekly Movement11.3%
Wireless Telecom Industry Average Movement6.6%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: KORE's weekly volatility has decreased from 21% to 11% 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$35.64m
Earnings (TTM)-US$210.94m
Revenue (TTM)US$284.94m

0.1x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KORE income statement (TTM)
RevenueUS$284.94m
Cost of RevenueUS$129.99m
Gross ProfitUS$154.95m
Other ExpensesUS$365.89m
Earnings-US$210.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-11.66
Gross Margin54.38%
Net Profit Margin-74.03%
Debt/Equity Ratio-1,163.0%

How did KORE perform over the long term?

See historical performance and comparison