Sign in

You're signed outSign in or to get full access.

KORE Group Holdings (KORE)

--

Earnings summaries and quarterly performance for KORE Group Holdings.

Recent press releases and 8-K filings for KORE.

KORE Group Holdings Reports Q3 2025 Results and Suspends Guidance Amid Takeover Interest
KORE
Earnings
Guidance Update
Takeover Bid
  • KORE reported Q3 2025 revenue of $68.7 million and achieved $14.5 million in Adjusted EBITDA, marking a 12% increase compared to Q3 2024.
  • The company generated $1.1 million in cash from operations and improved free cash flow by $1.1 million over the prior year to negative $1.1 million in Q3 2025.
  • Total connections grew 9% year-over-year to surpass 20.5 million, and KORE secured $11.3 million in new and expansion EARR during the quarter.
  • KORE's board of directors has formed a special committee to review a potential strategic transaction following an expression of interest from existing investors to acquire all common stock not already held by them, resulting in the suspension of guidance for the remainder of fiscal year 2025.
Nov 12, 2025, 10:00 PM
KORE Announces Q3 2025 Financial and Operational Results
KORE
Earnings
Product Launch
  • KORE reported Q3 2025 revenue of $68.7 million, which was roughly flat compared to Q3 2024. The company's Net Loss decreased by $6.7 million to $12.7 million, and Adjusted EBITDA increased by $1.5 million to $14.5 million.
  • Cash from Operations was $1.1 million, and Free Cash Flow improved by $1.1 million to negative $1.1 million for Q3 2025.
  • Total Connections grew 9% to 20.5 million , and KORE secured $11.3 million in new and expansion Closed-Won eARR this quarter.
  • Key business initiatives included the launch of KOREY™, a new AI assistant that drove a >50% reduction in customer support tickets, and the KORE One® unified customer platform.
Nov 12, 2025, 10:00 PM
KORE Group Holdings Reports Third Quarter 2025 Results and Suspends Guidance
KORE
Earnings
Guidance Update
Takeover Bid
  • KORE Group Holdings reported revenue of $68.7 million for the third quarter ended September 30, 2025, which was roughly flat compared to the same period last year. During this period, Total Connections increased to 20.5 million, representing a 9% rise from the prior year.
  • The company's Net Loss decreased to $12.7 million, an improvement of 35% from the same period last year, and Adjusted EBITDA increased to $14.5 million, up 12%.
  • Free Cash Flow improved to negative $1.1 million for the third quarter of 2025.
  • KORE has suspended guidance for the remainder of Fiscal Year 2025 due to a proposal from Searchlight Capital Partners, L.P. and Abry Partners, LLC, to acquire all outstanding shares of common stock not already owned by them.
Nov 12, 2025, 9:15 PM
KORE Group Holdings, Inc. Reports Q3 2025 Results and Suspends Guidance Amid Takeover Bid
KORE
Earnings
Guidance Update
M&A
  • KORE Group Holdings, Inc. reported Q3 2025 revenue of $68.7 million and a net loss of $12.7 million, which is a 35% improvement from the same period last year.
  • Adjusted EBITDA increased by 12% to $14.5 million and Total Connections grew 9% to 20.5 million in Q3 2025 compared to the prior year.
  • The company has suspended its guidance for the remainder of Fiscal Year 2025 due to a potential strategic transaction, following a letter from Searchlight Capital Partners, L.P. and Abry Partners, LLC to acquire outstanding common stock.
Nov 12, 2025, 9:14 PM
KORE Group Holdings Announces Receipt of Non-Binding Acquisition Letter
KORE
M&A
Takeover Bid
  • KORE Group Holdings, Inc. received a non-binding letter on November 3, 2025, from Searchlight Capital Partners, L.P. and Abry Partners, LLC.
  • The letter proposes to acquire all outstanding shares of common stock not already owned by Searchlight or Abry for $5.00 per share in cash.
  • A Special Committee of the Board of Directors has been formed to review, evaluate, and negotiate any potential strategic transaction.
  • The company stated there is no assurance that this assessment will result in any transaction.
Nov 4, 2025, 10:54 PM
KORE Announces Receipt of Non-Binding Acquisition Letter
KORE
M&A
Takeover Bid
  • KORE Group Holdings, Inc. announced on November 4, 2025, the receipt of a non-binding letter from Searchlight Capital Partners, L.P. and Abry Partners, LLC.
  • The letter proposes to acquire all outstanding shares of common stock not already owned by Searchlight or Abry for a cash consideration of $5.00 per share.
  • A Special Committee of the Board of Directors has been formed to review, evaluate, and negotiate this potential strategic transaction, with Rothschild & Co acting as financial advisor.
  • The company gives no assurances that the Special Committee's assessment will result in any transaction.
Nov 4, 2025, 10:47 PM