KORE Reschedules Third Quarter 2024 Financial Results and Live Webcast
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KORE Group Holdings, Inc. is rescheduling its Q3 2024 financial results release and webcast due to a restatement of its Q2 2024 financial statements. The restatement is not expected to impact revenues, cash flows, or adjusted EBITDA.
November 12, 2024 | 11:00 pm
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KORE Group Holdings is rescheduling its Q3 2024 financial results release due to a restatement of Q2 2024 financials. The restatement is not expected to affect revenues, cash flows, or adjusted EBITDA.
The restatement of financials typically raises concerns, but since KORE has stated there will be no impact on key financial metrics, the immediate impact on stock price is likely neutral. The rescheduling of the financial results release is procedural.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100