---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-029817"
form_type: "8-K"
ticker: "KORE"
cik: "0001855457"
company_name: "KORE Group Holdings, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:26:04.008374+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KORE Q3 2022 revenue $66.6M (-1.8% YoY); raises FY revenue guidance to $265-267M

## Summary
- Q3 revenue $66.6M (down 1.8% YoY); net loss $13.0M ($0.17/share) vs $4.5M loss in Q3 2021.
- IoT Connectivity revenue $43.4M (+4.4% YoY); IoT Solutions $23.3M (-11.7% YoY) due to completed LTE project.
- FY2022 revenue guidance raised to $265-267M; adjusted EBITDA guidance maintained at $63-64M.
- Cash from operations $9.8M in Q3; YTD $20.5M. Sales funnel TCV >$400M with 1,300+ opportunities.
- Strategic alliance with Ericsson to serve 8,500+ enterprise customers in the U.S.

## SEC filing metadata
- accession: 0001628280-22-029817
- form_type: 8-K
- ticker: KORE
- cik: 0001855457
- company_name: KORE Group Holdings, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855457/000162828022029817/0001628280-22-029817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855457/000162828022029817/kore-20221114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-029817
- JSON: https://secwatch.observer/filing/0001628280-22-029817.json
- Plain text: https://secwatch.observer/filing/0001628280-22-029817.txt

## Key facts
- Earnings Releases
  KORE Group Holdings, Inc. reported the quarter ended September 30, 2022 results: revenue $66.6 million, net income $13.0 million, EPS $0.17 per share. Guidance raised.
  - Period: the quarter ended September 30, 2022
  - Revenue: $66.6 million
  - Net income: $13.0 million
  - EPS: $0.17 per share
  - Guidance: raised
  - Result: reported results
  source text: (“CaaS”), today reported financial and operational results for the quarter ended September 30, 2022. KORE: Company Highlights • Third quarter revenue of $66.6 million exceeded our expectations bringing year-to-date revenue to $205.9 million, an increase of 12% over the first nine months of 2021 • The Company is increasing its 2022 revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855457/000162828022029817/0001628280-22-029817-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.