Education
About Us
Working with TipRanks
Follow Us
KORE Group Holdings (KORE)
NYSE:KORE
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.61Last Year’s EPS
-16.8Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: 17.14%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment with significant achievements in operational efficiency, positive cash flow, and strategic wins in various sectors. However, this was counterbalanced by declines in revenue, IoT Connectivity, ARPU, and non-GAAP margins. While the company showed positive momentum in specific areas, challenges remain in achieving consistent revenue growth.Company Guidance
During the first quarter of 2025, KORE Group Holdings provided financial guidance that emphasizes a focus on sustainable growth and profitability. The company reported a revenue of $72 million, a decrease of $4 million compared to the previous year, and an adjusted EBITDA of $14.5 million, reflecting a slight decline but an improvement in margin by 60 basis points to 20%. KORE achieved a second consecutive quarter of positive free cash flow, generating $2.9 million in cash flow from operations, up $1 million year-over-year, and free cash flow of $0.6 million. The quarter saw an 8% increase in total connections, nearing 20 million, and the introduction of the eARR metric to better illustrate recurring revenue growth. The company's strategic focus on customer intimacy, product innovation, and operational excellence is expected to drive continued improvement, with 2025 projections including revenue between $288 million to $298 million, adjusted EBITDA growth of 19%, and a significant free cash flow increase of 443% year-over-year.Positive Free Cash Flow
KORE Group Holdings delivered two consecutive quarters of positive free cash flow, with $0.6 million in Q1 2025.
Increased Connections
Total connections increased by 8%, nearing the 20 million mark, indicating growth in the company's IoT Connectivity sector.
Improved Adjusted EBITDA Margin
Adjusted EBITDA margin improved by 60 basis points to 20% in Q1 2025.
Operational Expense Reduction
A $7.6 million decrease in operating expenses in the quarter compared to the same period a year ago.
Notable Wins in Various Sectors
Several wins in cloud communications, global HVAC manufacturing, multinational IoT alliances, and remote patient monitoring, contributing $2.1 million in estimated annual recurring revenue.
KORE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KORE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $2.10 | $2.07 | -1.43% |
Apr 30, 2025 | $2.46 | $2.53 | +2.85% |
Nov 19, 2024 | $1.83 | $1.90 | +3.83% |
Aug 15, 2024 | $3.39 | $2.74 | -19.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does KORE Group Holdings (KORE) report earnings?
KORE Group Holdings (KORE) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is KORE Group Holdings (KORE) earnings time?
KORE Group Holdings (KORE) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KORE EPS forecast?
KORE EPS forecast for the fiscal quarter 2025 (Q2) is -0.61.