KORE Group Holdings Inc expected to post a loss of 5 cents a share - Earnings Preview

* KORE Group Holdings Inc is expected to show a rise in quarterly revenue when it reports results on March 18 (estimated) for the period ending December 31 2023

* The Atlanta Georgia-based company is expected to report a 24.6% increase in revenue to $77.793 million from $62.42 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for KORE Group Holdings Inc is for a loss of 5 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for KORE Group Holdings Inc is $2.00​, above​ its last closing price of $0.77. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Sep. 30 2023 -0.11 -0.10 -0.20 Missed -106.9

Jun. 30 2023 -0.07 -0.09 -0.24 Missed -157.2

Mar. 31 2023 -0.08 -0.10 -0.24 Missed -134.1

​

Dec. 31 2022 -0.13 -0.11 -0.16 Missed -40

​​Sep. -0.14 -0.13 -0.17 Missed -25.9

30 2022

Jun. 30 2022 -0.06 -0.07 -0.15 Missed -106.9

​

Mar. 31 2022 -0.09 -0.09 -0.15 Missed -62.2

Dec. 31 2021 -0.10 -0.11 -0.17 Missed -49.9

This summary was machine generated March 15 at 21:27 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)