KORE Group Holdings Future Growth

Future criteria checks 0/6

KORE Group Holdings is forecast to grow earnings and revenue by 62.4% and 4.6% per annum respectively while EPS is expected to grow by 65.8% per annum.

Key information

62.4%

Earnings growth rate

65.8%

EPS growth rate

Wireless Telecom earnings growth	13.2%
Revenue growth rate	4.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	02 Nov 2024

Recent future growth updates

Recent updates

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

Aug 14

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

Aug 11

Earnings and Revenue Growth Forecasts

NYSE:KORE - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	317	-43	24	N/A	3
12/31/2025	297	-54	17	N/A	4
12/31/2024	281	-119	-5	N/A	4
6/30/2024	285	-211	-21	-2	N/A
3/31/2024	287	-166	-27	-6	N/A
12/31/2023	277	-167	-27	-6	N/A
9/30/2023	267	-203	-20	0	N/A
6/30/2023	264	-122	-13	7	N/A
3/31/2023	265	-113	4	22	N/A
12/31/2022	268	-106	0	16	N/A
9/30/2022	271	-49	0	15	N/A
6/30/2022	272	-43	-4	10	N/A
3/31/2022	262	-47	-20	-6	N/A
12/31/2021	248	-44	-28	-15	N/A
9/30/2021	241	-53	-14	-2	N/A
6/30/2021	229	-58	-12	0	N/A
3/31/2021	219	-61	5	17	N/A
12/31/2020	214	-62	15	26	N/A
12/31/2019	169	-45	1	14	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KORE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: KORE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: KORE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: KORE's revenue (4.6% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: KORE's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if KORE's Return on Equity is forecast to be high in 3 years time

KORE Group Holdings Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 129%

KORE Group Holdings, Inc. Revises Earnings Guidance for the Twelve Months Ending December 31, 2023

KORE Group Holdings, Inc. Revises Earnings Guidance for the Twelve Months Ending December 31, 2023

Consensus EPS estimates fall by 26%

Price target decreased by 7.7% to US$4.20

Kore Group Holdings, Inc. Provides Revenue Guidance for the Twelve Months Ending December 31, 2023

Recent updates

KORE Group Holdings, Inc. to Report Q3, 2024 Results on Nov 13, 2024

KORE Group Holdings Receives Continued Listing Standard Notice from NYSE

KORE Group Holdings, Inc. Announces Restructuring Plan Focused on Driving Profitable Growth

KORE Group Holdings, Inc. Appoints Ron Totton as CEO

KORE Group Holdings, Inc. to Report Q2, 2024 Results on Aug 15, 2024

Kore Group Holdings, Inc. Announces Appointment of Bruce Gordon as Executive Vice President and Chief Operating Officer

KORE Group Approves Reverse Stock Split to Increase the Per Share Market Price of the Company's Common Stock to Meet the Minimum Per Share Price Requirement for Continued Listing on the NYSE

KORE Group Approves Reverse Stock Split to Increase the Per Share Market Price of the Company's Common Stock to Meet the Minimum Per Share Price Requirement for Continued Listing on the NYSE

KORE Group Holdings, Inc. to Report Q1, 2024 Results on May 15, 2024

KORE Group Holdings, Inc., Annual General Meeting, Jun 12, 2024

KORE Group Holdings, Inc. Announces Chief Executive Officer Changes, Effective May 3, 2024

KORE Group Holdings, Inc. Announces Resignation of Tushar Sachdev as Executive Vice President and Chief Technology Officer, Effective April 30, 2024

KORE Group Holdings, Inc. to Report Q4, 2023 Results on Apr 11, 2024

KORE Group Holdings, Inc. announced delayed annual 10-K filing

High number of new directors

KORE Group Holdings, Inc. announced that it has received $150 million in funding from Searchlight Capital Partners, L.P.

New major risk - Share price stability

Consensus EPS estimates fall by 129%

KORE Group Holdings, Inc. Revises Earnings Guidance for the Twelve Months Ending December 31, 2023

KORE Group Holdings, Inc. Revises Earnings Guidance for the Twelve Months Ending December 31, 2023

KORE Group Holdings, Inc. announced that it expects to receive $150 million in funding from Searchlight Capital Partners, L.P.

KORE Group Holdings, Inc. to Report Q3, 2023 Results on Nov 09, 2023

KORE Receives Continued Listing Standard Notice from NYSE

High number of new directors

KORE Group Holdings, Inc. Announces Resignation Tomer Yosef-Or from the Board of Directors

Consensus EPS estimates fall by 26%

Price target decreased by 7.7% to US$4.20

New major risk - Share price stability

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Kore Group Holdings, Inc. Provides Revenue Guidance for the Twelve Months Ending December 31, 2023

New minor risk - Market cap size

KORE Group Holdings, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Price target decreased by 21% to US$4.55

New minor risk - Market cap size

Kore Group Holdings, Inc. Appoints Jason Dietrich as Executive Vice President & Chief Revenue Officer

KORE Group Holdings, Inc. (NYSE:KORE) completed the acquisition of IoT business Unit of Twilio Inc.

Independent Director recently bought US$89k worth of stock

KORE Announces Retail Offering with Fixed Wireless Access

Consensus EPS estimates fall by 23%

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Kore Group Holdings, Inc. Reiterates Earnings Guidance for the Twelve Months Ending December 31, 2023

Consensus EPS estimates fall by 20%, revenue upgraded

No longer forecast to breakeven

Full year 2022 earnings: EPS misses analyst expectations

KORE Group Holdings, Inc. Announces Resignation of R. Michael Thurston as the Company’s Senior Vice President, Corporate Controller Effective January 20, 2023

CEO, President & Director exercised options and sold US$64k worth of stock

Consensus forecasts updated

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

KORE Group Holdings, Inc. Revises Earnings Guidance for the Year Ending December 31, 2022

KORE Group Holdings, Inc. to Report Q3, 2022 Results on Nov 14, 2022

Consensus forecasts updated

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

No longer forecast to breakeven

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

KORE Group Holdings, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2022

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

KORE Group Holdings, Inc. to Report Q2, 2022 Results on Aug 11, 2022

High number of new directors

Consensus forecasts updated

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to US$10.10

KORE Group Holdings, Inc. Reiterates Earnings Guidance for the Year 2022

KORE Group Holdings, Inc. to Report Q1, 2022 Results on May 16, 2022

Less than half of directors are independent

KORE Appoints Three New Members to Its Board of Directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

KORE Group Holdings, Inc. Provides Revenue Guidance for the Twelve Months Ending December 31, 2022

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts