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Kore Group Holdings - KORE STOCK NEWS

Welcome to our dedicated page for Kore Group Holdings news (Ticker: KORE), a resource for investors and traders seeking the latest updates and insights on Kore Group Holdings stock.

KORE Group Holdings (NYSE: KORE), a global leader in IoT solutions and managed network services, maintains this dedicated news hub for stakeholders tracking its market position and technological advancements. Our curated collection provides immediate access to official announcements, financial disclosures, and strategic developments.

Investors and industry professionals will find essential updates including quarterly earnings reports, IoT product launches, partnership announcements, and executive leadership changes. Each release is verified at source to ensure accuracy in tracking KORE's progress as an IoT hyperscaler and connectivity innovator.

The archive spans multiple business dimensions: financial performance updates, IoT solution deployments, strategic acquisitions, and technology partnerships. This resource enables systematic analysis of KORE's growth in machine-to-machine communications and global IoT infrastructure development.

Bookmark this page for streamlined monitoring of KORE's operational milestones and regulatory filings. Combine periodic checks with real-time alerts through your preferred financial news platform for comprehensive market awareness.

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KORE Group Holdings, a leader in IoT solutions, will hold a conference call on March 29, 2022, at 5:00 p.m. ET to discuss its fourth quarter and full year financial results for 2021. The results will be released prior to the call. Interested parties can join via a webcast link or by dialing in. KORE is committed to simplifying IoT complexities for organizations globally, aiming to enhance operational and business outcomes. Further details are available on their website.

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KORE Group Holdings, Inc. (NYSE: KORE) announced its participation in several financial conferences in March 2022, enhancing its outreach to investors. Key events include the Morgan Stanley Technology, Media and Telecom Conference (March 7-10, 2022) in San Francisco, ROTH 34th Annual Growth Stock Conference (March 13-15, 2022) in Dana Point, CA, and Deutsche Bank 30th Annual Media, Internet and Telecom Conference (March 14-16, 2022) in Palm Beach, FL, where the CEO will present on March 15. These events will facilitate one-on-one meetings for deeper investor engagement.

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KORE President and CEO, Romil Bahl, has been appointed to key roles in the technology sector, including Chairman of the IoT M2M Council and board member of Perficient, a digital consultancy. Bahl aims to drive the growth of the IoT sector and assist in digital transformations globally. His leadership positions reflect KORE's commitment to IoT leadership. The IoT M2M Council is the largest trade group dedicated to the sector, with over 25,000 members. Bahl's experience aims to enhance KORE's capabilities in delivering critical IoT solutions.

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Perficient, Inc. (Nasdaq: PRFT) reported a strong Q4 2021 with revenues rising 32% to $214.7 million. However, net income decreased 46% to $4.5 million, mainly due to debt extinguishment losses. For the full year, revenues grew 24% to $761 million, while net income surged 73% to $52.1 million. Adjusted earnings per share rose 40% to $3.50. Notably, Romil Bahl, CEO of KORE Wireless, was appointed to the Board. Perficient continues to capitalize on digital transformation trends, expanding its market presence.

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KORE (NYSE: KORE) has announced a collaboration with Kigen and Energy Web to enhance IoT security through an integrated eSIM-based trusted identity system for smart grid applications. The partnership utilizes KORE's OmniSIM solution, featuring eSIM technology and OPEN IoT SAFE, to provide secure connectivity and address potential security risks in IoT. This innovative technology, which will be showcased at Mobile World Congress in March, aims to facilitate the transition to renewable energy and ensure trustworthy data communication within the IoT ecosystem.

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KORE Group Holdings, Inc. has acquired Business Mobility Partners and SIMON IoT, enhancing its IoT solutions in the healthcare sector. This strategic move is aimed at expanding services in the Life Sciences industry, particularly amidst a shift towards digital healthcare practices, with 80% of healthcare professionals planning increased digital investments. The acquisition positions KORE as a leader in Connected Health, allowing access to improved IoT services and connectivity. The transaction is expected to close in February, with both companies continuing operations under their respective names while integrating KORE's solutions.

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KORE, a leader in IoT solutions, will present at the Oppenheimer 5G Summit on December 14, 2021, at 3:45 p.m. Eastern time. The conference will cover the Wireless and Cloud Convergence theme. KORE's executive team will engage in one-on-one meetings with investors during the event. Registration is required, and a webcast of the presentation will be available afterward. Investors can contact KORE's Investor Relations for further details. For more information, visit www.korewireless.com.

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FAQ

What is the current stock price of Kore Group Holdings (KORE)?

The current stock price of Kore Group Holdings (KORE) is $2.4709 as of April 29, 2025.

What is the market cap of Kore Group Holdings (KORE)?

The market cap of Kore Group Holdings (KORE) is approximately 42.4M.
Kore Group Holdings

NYSE:KORE

KORE Rankings

KORE Stock Data

42.41M
4.98M
41.91%
49.51%
0.58%
Telecom Services
Communications Services, Nec
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United States
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