Kore Group sees FY22 revenue $265M-$267M, consensus $265.74M

Sees FY22 Adjusted EBITDA $63M-$64M, representing a margin of approximately 24%. Romil Bahl, President, and CEO of KORE, said "Given our year-to-date results and outlook for the fourth quarter, we are increasing our 2022 revenue guidance to a range of $265M-$267M, even as the adverse headwind from foreign currency exchange rates has doubled from what we estimated after the Q2, to an estimated $5M."