KORE Group Holdings, Inc. (KORE) Reports Q3 Loss, Tops Revenue Estimates
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KORE Group Holdings, Inc. (KORE) reported a Q3 loss of $1 per share, which was better than the Zacks Consensus Estimate of a $1.13 loss. This is an improvement from the $1.95 loss per share reported a year ago.
November 20, 2024 | 12:30 am
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KORE Group Holdings reported a Q3 loss of $1 per share, better than the expected $1.13 loss, and an improvement from last year's $1.95 loss.
KORE's reported loss per share was better than expected, indicating a positive surprise for investors. The improvement from last year's loss suggests progress in the company's financial performance, which could lead to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100