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Date | Price Target | Rating | Analyst |
---|---|---|---|
8/23/2024 | $2.00 | Buy → Hold | TD Cowen |
3/10/2022 | $18.00 → $12.50 | Outperform | Cowen & Co. |
1/20/2022 | $13.00 | Buy | ROTH Capital |
1/10/2022 | $8.00 | Hold | Deutsche Bank |
12/17/2021 | $7.50 | Equal-Weight | Morgan Stanley |
10/11/2021 | $18.00 | Outperform | Cowen & Co. |
4 - KORE Group Holdings, Inc. (0001855457) (Issuer)
4 - KORE Group Holdings, Inc. (0001855457) (Issuer)
Restructuring plan completed Growth in Connectivity and Connections On track to meet 2024 guidanceATLANTA, Nov. 19, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the three and nine months ended September 30, 2024. Q3 Highlights Third quarter 2024 revenue was $68.9 million, a 0.4% increase from $68.6 million in the same period last year.A 3% increase in IoT Connectivit
Company to restate Second Quarter 2024 Financial StatementsNo impact to Revenues, Cash Flows or Adjusted EBITDA expected for the period affected ATLANTA, Nov. 12, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that it expects to restate its second quarter 2024 financial statements and, as a result, is rescheduling the release of the Company's financial results for the third quarter of 2024 and live webcast to discuss those results from previously scheduled November 13, 2024 at 5PM ET to November 19, 2024 at the same time.
ATLANTA, Oct. 31, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on November 13, 2024, following the U.S. market closing it will release its financial results for the third quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: November 13, 2024Time: 5:00 p.m. Eastern tim
424B3 - KORE Group Holdings, Inc. (0001855457) (Filer)
424B3 - KORE Group Holdings, Inc. (0001855457) (Filer)
424B3 - KORE Group Holdings, Inc. (0001855457) (Filer)
4 - KORE Group Holdings, Inc. (0001855457) (Issuer)
4 - KORE Group Holdings, Inc. (0001855457) (Issuer)
4 - KORE Group Holdings, Inc. (0001855457) (Issuer)
SC 13G/A - KORE Group Holdings, Inc. (0001855457) (Subject)
SC 13G/A - KORE Group Holdings, Inc. (0001855457) (Subject)
SC 13G - KORE Group Holdings, Inc. (0001855457) (Subject)
TD Cowen downgraded KORE Group from Buy to Hold and set a new price target of $2.00
Cowen & Co. reiterated coverage of Kore Group Holdings with a rating of Outperform and set a new price target of $12.50 from $18.00 previously
ROTH Capital initiated coverage of KORE Group with a rating of Buy and set a new price target of $13.00
Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Dolphin Entertainment Inc (NASDAQ:DLPN) On May 14, Dolphin Entertainment announced first-quarter earnings that i
ATLANTA, July 8, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE," the "Company," "we" or "our), a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, announced that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024. Gordon brings over three decades of technology sector experience, having held multiple significant leadership roles. Most recently, he served as Chief Executive Officer and Executive Chairman of GeoDigital, a provider of 3D services and geospatial intell
Romil Bahl to step down and Ronald Totton named as Interim President and CEO ATLANTA, April 29, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE," the "Company," "we" or "our"), a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today that Romil Bahl will be stepping down as President and Chief Executive Officer and that the Company's Board of Directors (the "Board") has named Ronald Totton as the Company's Interim President and Chief Executive Officer, effective May 3, 2024.
ATLANTA , April 25, 2024 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today the appointment of Dan Cebula, Vice President for Connected Health of KORE, to the Board of Directors of the Medical Alert Monitoring Association (MAMA). Cebula, along with five other new additions to the board, will help represent the needs of the medical alert monitoring and personal emergency response services industry. MAMA Board of Directors President, Geoff Gross,
Restructuring plan completed Growth in Connectivity and Connections On track to meet 2024 guidanceATLANTA, Nov. 19, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the three and nine months ended September 30, 2024. Q3 Highlights Third quarter 2024 revenue was $68.9 million, a 0.4% increase from $68.6 million in the same period last year.A 3% increase in IoT Connectivit
ATLANTA, Oct. 31, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on November 13, 2024, following the U.S. market closing it will release its financial results for the third quarter of 2024. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: November 13, 2024Time: 5:00 p.m. Eastern tim
Ron Totton appointed President and CEO and to the KORE Board of Directors Restructuring estimated to generate gross cash savings of $5 million to $6 million in 2024 with a $4 million to $5 million one-time severance charge and $20 million to $22 million gross cash savings annually thereafter 2024 guidance updatedATLANTA, Aug. 15, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the three and six months ended June 30, 2024.